December 10, 2005
RE "When Corporations Pull the Rug Out," by Al Martinez, Dec. 2: This piece speaks for an age in which workers in any institution are vulnerable to having the rug pulled out from under them. It's almost as if being called a Scrooge does not shame modern capitalism anymore. Doesn't that mean we have somehow lost the meaning of Christmas? FRANK M. SIFUENTES Long Beach
June 16, 2010
An inevitable consequence of a country's economic development is that its workforce comes to expect more. More schooling, better jobs, more money. That's what happened in the United States and Japan in the last century, and now it's happening in China, which has seen a series of labor strikes at Honda Motor Co. factories and a spate of suicides at the electronic components plants belonging to Foxconn Technology Group. Younger, better-educated factory workers with aspirations to join China's urban middle class want higher wages and more humane working conditions.
January 29, 2010 |
Acting quickly on a pledge in his State of the Union address, President Obama today will unveil a proposal to give a tax credit of up to $5,000 to companies for every new employee they add to their payrolls this year. A separate measure would offset the additional Social Security taxes that employers pay for boosting wages or hours of existing workers. Both programs, which combined would cost an estimated $33 billion and require congressional action, are aimed at spurring small businesses to move swiftly to hire new employees and bolster an economy that is technically growing but reeling from double-digit unemployment.
October 20, 2011 |
Biotech giant Amgen Inc. is laying off about 380 employees in its research and development division, saying it is restructuring operations to focus on new drugs in later, more expensive stages of development. "We're focusing on therapies that are promising," said Mary Klem, a spokeswoman for the Thousand Oaks company. "It's very expensive to conduct clinical trials. The patient population gets bigger at each phase. That's the crux of what is causing us to make these strategic changes.
CALIFORNIA | LOCAL
October 24, 2013 |
SAN FRANCISCO - After the deaths of two workers on BART tracks, the commuter rail system's directors Thursday permanently ended the practice of making employees on the tracks solely responsible for their own safety. The directors of Bay Area Rapid Transit approved a policy that will require train operators or drivers to slow to 25 mph and be prepared to stop when approaching workers on or near the tracks. The change, expected to cause delays in passenger service, is being made after the deaths Saturday of two workers inspecting tracks when a train hit them at 60 to 70 mph. They were working under a procedure called "simple approval" that gave them no warning of approaching trains and required one of them to act as a lookout.
March 16, 2011 |
American workers are more downbeat than ever about their prospects for retirement, a new study has found. But that also means they are starting to realize how bad their financial condition is. Confirming the findings of other recent research, a survey by the Employee Benefit Research Institute found workers growing increasingly doubtful about their ability to finance comfortable retirements. The results were released Tuesday. The percentage of workers describing themselves as "not at all comfortable" about their retirement outlook jumped to 27% from 22% a year ago. Only 13% are "very confident.
April 7, 2013 |
WESTFIELD, Mass. - The envelope factory where Lisa Weber works is hot and noisy. A fan she brought from home helps her keep cool as she maneuvers around whirring equipment to make her quota: 750 envelopes an hour, up from 500 a few years ago. There's no resting: Between the video cameras and the constant threat of layoffs, Weber knows she must always be on her toes. The drudgery of work at National Envelope Co. used to be relieved by small perks - an annual picnic, free hams and turkeys over the holidays - but those have long since been eliminated.
December 7, 2012 |
Workers are getting a smaller piece of the pie in booming China and economically stressed Europe alike, the United Nations labor agency said Friday, chalking up the trend to technological strides, globalization and the weakening muscle of labor unions. Worldwide, average wages grew 1.2% last year, the International Labor Organization said in a newly released report based on available data. But the bulk of that growth was powered by China. If the Asian powerhouse is counted out, wages barely budged last year, damped by the economic crisis.
February 3, 2014 |
SOCHI, Russia -- The International Olympic Committee said Monday that it has intervened on behalf of workers who built venues and surrounding infrastructure at the 2014 Sochi Games. IOC President Thomas Bach said his organization found "concrete information" regarding the mistreatment of the workers. The IOC subsequently met with Russian Deputy Prime Minister Dmitry Kozak and an ombudsman for human rights regarding outstanding payments to the workers. "As a result," Bach said, "we found that 227 million rubles had been paid to workers in 13 companies.
October 15, 2012 |
The skills gap that has the U.S. manufacturing industry panicked isn't a big deal for now, according to a new report from the Boston Consulting Group. But by the end of the decade, the shortage could balloon to 875,000 highly skilled workers from a shortfall of 80,000 to 100,000 now, according to the study . Today, the deficit of workers represents less than 1% of the 11.5 million total factory workers in the country, or less than 8% of the 1.4 million highly skilled employees.