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Amazon Faces Unionization Battle in Staten Island
  + stars: | 2022-01-27 | by ( Sebastian Herrera | )   time to read: 1 min
A group of Inc. workers pushing to unionize a large company warehouse in New York won enough support to hold an election, the National Labor Relations Board said, opening a new battlefront between employees and the e-commerce giant. Supporters of the nascent union, which calls itself the Amazon Labor Union, met the requirement for such a vote, the NLRB said Wednesday, which typically requires signatures from 30% of eligible employees at a facility. Organizers are aiming to unionize thousands of employees at a company warehouse in Staten Island.
Organizations: Inc, New York, National Labor Relations Board, Amazon Labor Union, NLRB Locations: New, Staten Island
According to a Reuters survey of economists, GDP growth likely increased at a 5.5% annualized rate last quarter. The strong retail inventory accumulation led economists, including those at JPMorgan, to raise their GDP growth estimates to as high as to a 7.5% rate. ALL ABOUT INVENTORIESInventory investment is expected to have accounted for the bulk of the increase in GDP growth in the fourth quarter. Excluding inventories, GDP growth likely increased at a rate of about 2.5%. Trade was probably a drag on GDP growth for a sixth straight quarter, while the housing market likely regained its footing after contracting for two consecutive quarters.
Persons: Richa Naidu, Jan, Joe Biden's, Jerome Powell, Sung Won Sohn, Biden, Ryan Sweet, Sam Bullard, Lucia Mutikani, Andrea Ricci Organizations: ABT Electronics, REUTERS, WASHINGTON, Omicron,, Loyola Marymount University, Fed, JPMorgan, U.S . Congress, Labor Department, Thomson Locations: Glenview , Illinois, U.S, Los Angeles, West Chester , Pennsylvania, Wells, Charlotte , North Carolina
Unfortunately, this hasn't generated broad-based benefits for the majority of cocoa farmers. Private sector, local governments and nongovernmental organizations in West Africa have worked to address child labor risks by monitoring farms, educating communities and building schools to offer alternatives to families. Its long-term sustainability is threatened by numerous factors, including, intolerably, the risk of child labor on cocoa farms. Individually, these payments incentivize practices that have been effective in reducing the risk of child labor in cocoa-farming communities. It will help address the key economic, social, and infrastructure challenges that contribute to child labor risk.
Persons: — Mark Schneider Organizations: Private, Nestle Locations: West Africa, Cote d'Ivoire, Ghana
The Commerce Department data is expected to show that G.D.P., adjusted for inflation, rose by 1.3 percent in the final three months of 2021 (5.5 percent on an annualized basis), according to Bloomberg and MarketWatch. Consumer spending and private investment revived quickly as a result of vaccination efforts, low interest rates and federal aid to households and businesses. In addition, economists expect the Omicron variant to be a drag on the economy in January and much of February. “It’s all about what you prioritize,” said Allison Schrager, an economist and senior fellow at the Manhattan Institute, a conservative think tank. If there had been less stimulus, she said, “inflation wouldn’t be as bad as it is.”Show more
Persons: Keith Srakocic, , Julia Coronado, , , Allison Schrager, Schrager Organizations: Associated Press, The Commerce Department, Bloomberg, MarketWatch, Federal Reserve, , University of Texas, Congressional, Office, Labor Department, Gallup, Manhattan Institute Locations: Harmony, Pa, Austin, Washington
If your resume is you on paper, the cover letter is your chance to make your qualifications come to life. For example, what's personable in a marketing letter might be unprofessional in a consulting letter. Insider spoke to recruiters and executives about the secrets of cover letter writing for technology, law, consulting, and marketing. Cover letters are nobody's favorite, especially if you prefer writing code, but Vick emphasized that cover letters are still expected for tech jobs across the board. Also, as more cover letters are scanned through digital resources, she urged candidates to follow up and send language from their cover letters through email or LinkedIn.
Persons: what's, Technology Thomas Vick, Robert Half, Vick, Billie Moliere, Robert Half's, Moliere, Lauren Kelly, she's, Kelly, intuitiveness, Heather Kristan, Altman Solon, Kristan Organizations: Bureau of Labor Statistics, Technology, Law, Dell, Pepsi, Deloitte
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC: The backlog at ports is not an issue of labor shortages, but rather of consumer demandMichael Tran, head of digital intelligence strategy at RBC Capital Markets, discusses new research that shows why there may be no near-term end in sight to the global supply chain woes.
Persons: Michael Tran Organizations: RBC, RBC Capital Markets
Amazon workers in Staten Island have enough signatures to hold a union election, the NLRB said. The Amazon Labor Union has been campaigning for a union vote since April. An NLRB spokesperson said in a statement to The Washington Post that the Amazon Labor Union, a group that has been campaigning for a union election in Staten Island since April, had "reached a sufficient showing of interest," by collecting signed union authorization cards from workers to hold a union vote. The ALU submitted its petition for a union election in late December. The company's Bessemer, Alabama, warehouse is holding a rerun of a union election held in February and March 2021, in which workers voted against forming a union.
Persons: Amazon, Chris Smalls, Smalls Organizations: Amazon Labor Union, Service, National Labor Relations Board, NLRB, Washington Post, Street Journal, Amazon, Twitter Locations: Staten, Staten Island, Alabama, Bessemer , Alabama
For months,has been under pressure to overhaul its workplace culture. (Activision Blizzard announced in November a "workplace responsibility committee," comprised of two independent directors, to oversee its progress on workplace culture improvements.) ... We're looking forward to extending our culture of proactive inclusion to the great teams across Activision Blizzard." Employees gathered during a walkout at Activision Blizzard offices in Irvine, California, U.S., on Wednesday, July 28, 2021. (Activision Blizzard spokesperson Jessica Taylor said in a statement that it "carefully reviewed and considered" the union request but the "the parties could not reach an agreement.")
Persons: Microsoft's, Bobby Kotick, they've, there's, Vonne Hutchinson, — we're, Sun Valley , Idaho . Hutchinson, Kotick, Hutchinson, Satya Nadella, Nadella, Activision Blizzard, Dieter Waizenegger, Waizenegger, Jessica Taylor, we've, Bill Gates, WilmerHale, Phil Spencer, Raven, unionize, didn't Organizations: CNN, Activision, Activision Blizzard, Microsoft's, CNN Business, Allen & Company Sun Valley Conference, Sun Valley , Idaho ., Microsoft, Strategic Organizing Center Investment Group, National Labor Relations Board Locations: California, Sun Valley , Idaho, Irvine , California, U.S
The Activision booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake/File PhotoSAN FRANCISCO, Jan 25 (Reuters) - Activision Blizzard (ATVI.O) said on Tuesday that it was unable to reach agreement with the Communications Workers of America as the union seeks recognition of a unit at its Raven studio. The U.S. video game company said in a statement that it expects the CWA to file a petition with U.S. National Labor Relations Board for a union election at the studio. Microsoft announced its plans to acquire Activision last week. Register now for FREE unlimited access to RegisterReporting by Julia Love; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
Persons: Mike Blake, Jan, Julia Love, Sandra Maler Organizations: Activision, REUTERS, FRANCISCO, Communications Workers of America, CWA, U.S . National Labor Relations Board, Microsoft, Thomson Locations: Los Angeles , California, U.S
Democratic Senate candidate Reverend Raphael Warnock speaks during a campaign rally in Atlanta, Georgia on December 15, 2020. Uniting all factions of the Democratic Party and its supporters is a focus on one critical topic: Fighting rising costs. A test in GeorgiaA representative for Sen. Raphael Warnock's campaign highlighted several efforts to lower costs and combat inflation. To counter that narrative, many Democrats are touting efforts to lower costs. The Senate is split 50-50 between Democrats and Republicans, meaning that the 2022 results could shift the balance of power on Capitol Hill.
Persons: Raphael Warnock, Jim Watson, , Joe Biden's, Sen, Raphael Warnock's, Biden, Warnock, Johnny Isakson, Herschel Walker, Trump, Latham Saddler, Donald Trump, Walker's, Stacey Abrams, Abrams, Brian Kemp, David Perdue, Gov, John Fetterman, Republican Sen, Pat Toomey, Jeff Bartos, Jazmin Vargas, Vargas, Anita Dunn, Dunn, Chris Meagher, Pres, Nancy Pelosi, Tom Wolf, Mark Makela Organizations: AFP, Getty, Biden's, CNBC, Democratic, Democratic Party, Georgia Democrat, Republican, Senate, Peach State, Gov, GOP, Keystone, Labor, Democratic Senatorial, U.S, Capitol, Republicans Locations: Atlanta , Georgia, Georgia, Peach, Pennsylvania, Capitol Hill, Harrisburg , Pennsylvania
The jitters in stocks haven’t been reflected in other major markets, and some strategists think that those markets might give a better signal of what’s next for the economy, given the remarkable run-up in stock prices during the pandemic. In 2008, for instance, corporate bond spreads — the difference between company debt yields and their government equivalents — rose 4 percentage points. Over the past two months, corporate spreads are up less than a fifth of a percentage point. That’s partially because of fears of war in Ukraine, which could disrupt Russia’s supply of oil to world markets (more on that below). The automaker will build a new battery factory in Michigan and overhaul a facility near Detroit to produce electric pickups.
Persons: ” Vincent Deluard, DealBook, , Eddy Vataru, Biden, Warren Organizations: Fed, StoneX, Microsoft, U.S, Commerce Department, Labor, Covid . Berkshire Hathaway’s, Toyota, Ford Locations: creditworthiness, Osterweis, Ukraine, China, New York, California, Covid . Berkshire, Omaha, Woodstock, Michigan, Detroit, U.S
Raven Software's parent company Activision Blizzard declined to voluntarily recognize the union. Raven Software is a subsidiary of Activision Blizzard, owner of the wildly popular Call of Duty franchise. A spokesperson for Activision told gaming news site Polygon that the company had declined to recognize the union. If the NLRB ratifies the union, Raven Software will be legally obligated to negotiate with it. Microsoft announced last week it plans to buy Activision Blizzard in an all-cash deal valued at around $68.7 billion.
Persons: Raven, Activision Blizzard, Polygon Organizations: Raven Software, Activision, Service, Privacy, Game Workers Alliance, Activision Blizzard, Duty, Communications Workers, America, Washington Post, CWA, National Labor Relations Board, NLRB, Post, Software, Microsoft Locations: California
The market, at this point, can discern good-quality ESG companies. "One of the things that sustainable investing and sustainable investors have a chance to escape, for lack of a better word, is some of the concerns with ESG investing. I'll say, it's fairly or unfairly, but ESG investors are sometimes seen as the suckers at the table. 'They don't want to have a negative ESG story'Strategist who works with investors seeking advice on ESG metrics, as well as companies seeking guidance on ESG disclosures and strategy:"We do a lot of investor relations work. "We really do see ourselves as a conduit for more data and better ESG data, because that is obviously a key challenge.
Persons: That's, Greenwashing, Chen, Jordan Locke, They've, we're, Yana Kakar, they're, It's, They're, it's Organizations: Investors, RBC Capital Markets, The Department of Labor, Securities, Exchange Commission, Investor, Apple, Corp Locations: Silicon Valley, Acre
A lesser-known retirement savings incentive may make it easier for some Americans to set aside more money, and there's still time to qualify for 2021. The write-off, known as the retirement savings contribution credit or saver's credit, rewards low- and moderate-income filers at tax time for adding to their nest egg. "Tax credits are much more valuable than deductions," Rugg said, explaining how the write-off can reduce your liability. There's still time to make deposits for 2021 by contributing to an existing individual retirement account by April 18, 2022, the tax filing deadline for most states. However, the saver's credit is non-refundable, meaning it may only reduce or eliminate levies owed, making it difficult to claim for those with little to no tax liability, which is common among low-income filers.
Persons: there's, it's, Jamie Rugg, Rugg, There's, Shai Akabas Organizations: Highline Wealth Partners, Sherman, Center, Bureau of Labor Statistics Locations: Sherman Oaks , California, IRAs
Another 50% have policies in place or in the works to give employees a choice between vaccine or weekly tests. But the US Supreme Court struck down the rule on the larger employers on January 13, and the Biden administration formally dropped the rule Wednesday. While Delta does not have a vaccine mandate, it raised the insurance premium for non-vaccinated employees by up to $200 a month. United Airlines UAL does have a vaccine mandate that it put in place before the federal rules were announced. Citigroup C announced a vaccine mandate in October after the federal rules were announced.
Persons: Gartner, Biden, Brian Kropp, Kropp, John Culver, Scott Kirby, Sara Wechter Organizations: CNN, Supreme, Gartner, General Electric GE Starbucks, GE, Starbucks, North America, Delta Air Lines DAL, Delta, United Airlines, Citigroup C, LinkedIn, Citi, New, Labor, Occupational Health, Safety Administration Locations: York, , Texas, New York City
A record 4.5 million Americans quit in November alone, according to the Bureau of Labor Statistics. WalletHub looked at state resignation rates over the last 12 months based on numbers from the BLS to determine where people are quitting their jobs the most – and the least. Alaska and Wyoming topped the list of quit-heavy states while New York, Pennsylvania and the District of Columbia saw the lowest quit rates among workers. Workers in the food and hospitality industries have been quitting at higher rates than those in other fields – and these industries represent some of the biggest employers in Wyoming, Alaska and more states struggling to retain talent. Here are the five states where Americans are quitting the most, according to WalletHub:
Persons: WalletHub, Jill Gonzalez, There's, Gonzalez Organizations: Bureau of Labor Statistics, BLS, District of Columbia, Companies, CNBC, Workers Locations: Alaska, Wyoming, New York , Pennsylvania, Wyoming , Alaska
Among those 12 states is Nebraska, which also had the lowest rate in December among the states and DC. This map shows what unemployment rates looked like across the US as of the end of last year. The Bureau of Labor Statistics wrote in its latest State Employment and Unemployment Summary release that unemployment rates in 12 states reached record lows since this data was first tracked in 1976. "This is uncharted territory in terms of such a low unemployment rate and gauging how much lower it can conceivably go." "December 2021 marks the fifth straight month that Nebraska has had a historically low unemployment rate."
Persons: Mark Knold, John H, Greg Gianforte, Brad Little Organizations: DC, Service, Labor Statistics, Utah Department of Workforce Services, Bureau of Labor Statistics, Idaho Gov Locations: Nebraska, California, California , Nevada , New Jersey, New York, . Utah, , Nebraska, Idaho, Montana
President Joe Biden recently extended the pause on student-loan payments through May 1. Progressive lawmakers argue that if Biden can keep extending the pause, he can cancel student debt. Biden recently gave 43 million federal student-loan borrowers an additional 90 days of relief when he extended the pause on payments through May 1. Since March 2020, federal student-loan borrowers have not been required to make payments on their debt as part of pandemic relief measures. Some Republican lawmakers, though, are not pleased with the continued extension of the pause on student-loan payments.
Persons: Joe Biden, Biden, Massachusetts Sen, Elizabeth Warren, Chuck Schumer, Ayanna Pressley, Virginia Foxx, , Marshall Steinbaum, Steinbaum, NAACP Derrick Johnson Organizations: Service, Massachusetts, Republican, House Education, Labor, Family Institute, University of Utah, NAACP Locations: Massachusetts
Food prices in December 2021 increased by 6.3% from a year earlier, according to the Bureau of Labor Statistics' (BLS) Consumer Price Index . In a modern economy, no one should struggle to eat because of spiking food prices. Still, we could see prices rising even further. As long as the lingering pandemic gums up supply chains and constricts the labor supply, firms may feel obligated to raise prices, especially for food. But rate rises should also help calm inflationary pressures, especially as the temporary drivers of higher food prices, including supply chain disruptions, persist.
Persons: Dana Peterson Organizations: Conference Board, Federal Reserve, Bureau of Labor Statistics, Survey
The Goldman Sachs analyst Julian Sanchez was part of a team that won a $250,000 grant in December. Winners of the 2021 Goldman Sachs Analyst Impact Fund competition accept a $250,000 grant in mid-December. From left: CEO David Solomon, Maxwell Pivonka, Sara Rogers, Julian Sanchez, Will Elia, and president of the Goldman Sachs Foundation Asahi Pompey. The group helps them pursue jobs, internships, and scholarships, working with high-profile names in corporate America including Goldman Sachs, PwC, BlackRock, and Bloomberg, according to its website. Pompey, global head of corporate engagement and president of the Goldman Sachs Foundation, told Insider that the initiative leverages the smarts of Goldman juniors to help solve real-world problems.
Persons: Goldman Sachs, Julian Sanchez, Sanchez, David Solomon, Julian Salisbury, Asahi Pompey, Jim Esposito, Denis Coleman, Solomon, — Sara Rogers, Maxwell Pivonka, Will Elia —, we've, Sanchez's, Sara Rogers, Will Elia, Goldman Sachs Foundation Asahi Pompey, Houlihan Lokey, Goldman, Organizations: Connect, Goldman Sachs ' New, GS, West, of Labor Statistics, Goldman Sachs Foundation Asahi, University of Southern, Lime, Bloomberg, Cappello, Lime Connect, Goldman, Freedom Scientific, Goldman Sachs Foundation Locations: Goldman Sachs ', Goldman Sachs ' New York City, West St, University of Southern California, America, PwC, BlackRock, mull, Wall, Salt Lake City, New York, India
CDC Director Dr. Rochelle Walensky on Wednesday warned against easing up on Covid-19 safety protocols as the omicron variant drives cases and hospitalizations to record highs, even though it tends to produce milder infections than past strains. "Milder does not mean mild and we cannot look past the strain on our health systems and substantial number of deaths," Walensky said during a press briefing with the White House Covid response team. "It's important to remember we're still facing a high overall burden of disease," Walensky said, urging the public to get vaccinated, wear masks and "remain vigilant." White House chief medical adviser Dr. Anthony Fauci said earlier this week that most states will reach a peak of omicron cases by mid-February. Walensky stressed that Americans should still adhere to strict Covid prevention measures, like wearing protective masks and getting boosted.
Persons: Rochelle Walensky, Walensky, we're, It's, Biden, they're, Anthony Fauci, Nate Rattner Organizations: for Disease Control, Prevention, Health, Education, Labor, Capitol, Washington , D.C, White, of Health, Human Services, Johns Hopkins University, Disease Control, House Locations: Washington ,, U.S, Covid
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is a pool of people who could come back to the labor force, says Fed chair PowellFed Chairman Jerome Powell takes questions from the press after the Fed announced it would be holding rates steady, but that it would soon be appropriate to raise the Fed funds rate target range.
Persons: Jerome Powell Organizations: Fed
Opinion | Is the Great Resignation Overblown?
  + stars: | 2022-01-26 | by ( Peter Coy | )   time to read: +2 min
The earlier Bureau of Labor Statistics survey, which was called the Labor Turnover Survey, was started in 1930 but was stopped in 1981 because of budget cuts. The agency brought back the survey in 2000 and expanded it to include job openings. The agency’s 2002 description of the new survey focuses on the new job openings calculation rather than the labor turnover calculation. It doesn’t carry the historical quits data on its website. For instance, beginning in 1943, quits rates referred to all employees; before then, they referred to production workers only.)
Persons: Jay Zagorsky, Organizations: Questrom School of Business, Boston University, of Labor Statistics, Labor, Survey, Historical Statistics, Cambridge University Press Locations: United States
NLRB spokesperson Kayla Blado wrote in an email that group of workers, known as the Amazon Labor Union, had "reached a sufficient showing of interest." Register now for FREE unlimited access to RegisterThe Amazon Labor Union, which is not affiliated with a major U.S. union, withdrew its petition in November after the NLRB notified them that they had not collected enough signatures. Amazon spokesperson Kelly Nantel said the company was seeking more information about how the signatures were verified. Next month, workers at an Amazon warehouse in Alabama will vote again on whether to join the Retail, Wholesale and Department Store Union (RWDSU). Amazon handily defeated the union campaign last year, but the NLRB called for another vote after finding the company improperly interfered in the first contest.
Persons: Pascal, Kayla Blado, Chris Smalls, Smalls, Kelly Nantel, , Nantel, , Julia Love, Jeffrey Dastin, Leslie Adler, Aurora Ellis Organizations: REUTERS, U.S . National Labor Relations, Amazon Labor Union, U.S . National Labor Relations Board, NLRB, Amazon, Retail, Wholesale, Department Store Union, Thomson Locations: Boves, France, Staten Island , New York, Staten, U.S, Staten Island, Alabama
(CNN Business) Workers at an Amazon warehouse in Staten Island have shown enough support to hold a union election, the National Labor Relations Board confirmed on Wednesday. For months, a grassroots group called Amazon Labor Union led by former Amazon employee Chris Small has worked to collect signatures from employees at the facility known as JFK8 to garner at least 30% of workers in support of unionizing. Most notably and recently, a union push at an Amazon facility in Bessemer, Alabama, drew national attention from figures including Senators Elizabeth Warren and Bernie Sanders. Unlike the Alabama-based Amazon workers who are organizing with the Retail, Wholesale and Department Store Union, the Amazon Labor Union is not affiliated with any established labor unions. There have been just a few other efforts that have gotten to the point of meeting "a sufficient showing of interest," as the Amazon Labor Union now has.
Persons: Chris Small, Chris Smalls, Elizabeth Warren, Bernie Sanders, Read Organizations: CNN Business, Workers, National Labor Relations, Amazon Labor Union, Amazon, Retail, Wholesale, Department Store Union Locations: Staten, Staten Island, New York, U.S, Europe, United States, Bessemer , Alabama, Alabama, Virginia, Delaware
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