November 21, 1999 |
When the Federal Reserve last week raised interest rates to cool the economy, it cited fears that labor shortages--of all things--would spark an inflationary spiral in wages and prices. It's a fear that Fed Chairman Alan Greenspan voiced recently when he told business leaders that the economy now is growing faster than the available pool of workers who can fill the jobs. "Clearly that is unsustainable," Greenspan declared at the end of October.
June 6, 2005 |
Sweat beading around his sunburned cheeks, 24-year-old Shane Grupp climbs aboard the hulking freight car and sends a hand signal to his student, Art Croney, 55, who mans the controls in the locomotive. Croney toots the horn and throttles the locomotive into motion. It lumbers back and forth across this one-mile stretch of training track in California's rice country, property that is leased and maintained by the Modoc Railroad Academy.
July 9, 1998 |
More than half the chief financial officers at U.S. companies responding to a quarterly survey said they have problems finding qualified employees, according to the Financial Executives Institute and Duke University. Companies in states throughout the U.S. are facing labor shortages, with 94% of responding firms in the Pacific and Northeast regions reporting that hiring is "very hard" or "moderately hard," the survey found.
June 15, 1987 |
Federal and state officials have scheduled a meeting this week with apprehensive California farmers amid mounting reports that the nation's new immigration law is creating a drought of farm workers and threatening millions of dollars of ripe produce. From Fresno to the San Joaquin and Santa Clara valleys, growers are worried over a decrease in the number of migrant workers--estimated by some at 30%--that they say is the result of the new law.
November 23, 1999 |
Community college nursing programs, straining to address a growing statewide nursing shortage, are facing a new difficulty: soaring dropout and failure rates that are shrinking California's already inadequate nursing pipeline. Faculty blame the increased attrition on the lowering of admission barriers, which has made it easier for students with poorer grades to gain entry.
January 4, 1990 |
Government delegates to talks with the opposition said Wednesday that drastic action is necessary to rescue the East German economy, which labors under a huge debt and a severe shortage of skilled workers. The administration of Communist Prime Minister Hans Modrow has recommended price boosts for energy and removal of subsidies on food and other basic goods but rejects following Poland in a radical turn toward a free market.
January 13, 1989 |
Employers increasingly need to tap the growing pool of older workers to avoid major labor shortages, but such efforts are stymied because the elderly face many disincentives to work beyond retirement age, say two government studies released Thursday. The need to retain, and in some cases retrain, older workers is particularly acute for highly skilled jobs, the reports said.
CALIFORNIA | LOCAL
November 24, 2001
Even as unemployment rises, Frank del Olmo presses for a guest-worker program ("Quick Fix Isn't Enough to Cure the INS," Commentary, Nov. 18). "Who," he asks, "could have foreseen the demand for foreign computer specialists by companies such as Microsoft?" Well, Congress thought it foresaw the demand. It let in a flood of computer programmers just in time for the high-tech crash. In truth, unending immigration can't end labor shortages, it only guarantees overpopulation. We can't predict labor demand in a free-market economy any more than we can predict unemployment or stock prices.
June 24, 1991 |
Faced with severe labor shortages, industries in Taiwan, Singapore and Hong Kong--three of Asia's economic tigers--are relying increasingly on foreign workers from less-developed countries such as the Philippines and Indonesia. As a result, Asian labor is becoming a more mobile, transnational human resource--making the labor-poor and labor-rich nations of the Pacific increasingly interdependent and creating new opportunities for firms engaged in engineering, construction and labor contracting.
CALIFORNIA | LOCAL
November 11, 2008 |
As a physician in Peru, Luis Garcia amassed nine years of medical education and five years of practice, including successful appendectomies, Cesarean deliveries and other surgeries. Since he immigrated to Southern California four years ago, he has earned a community college degree specializing in geriatrics. The only work he's been able to find, however, has been cat-sitting, dog-walking and elder care. That's because Garcia hasn't yet been able to pass the battery of requirements for a U.S.