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POPSBMW to Cap Executive Pay - wundervoll! Now let me get this straight. GM, Ford, and Chrysler have all lost market share in the US and complain that worker wages and benefits made them uncompetitive. Germans assembly line workers average $60,000 a year and BMW sales have not plummeted as US car makers have. And now, BMW says they are capping executive pay by establishing the current ration of difference 25-1 as THE ratio. According to the Bureau of Labor Statistics, the average U.S. worker earned $29,544. The ratio of CEO pay to average pay is 364:1 and to minimum wage is 885:1. So... Why is it that US car companies have trouble competing?
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POPSAustralian & Canadian Employers Adding Jobs! ......after a 31,900 increase in August. The jobless rate was probably unchanged at a 33-year low of 4.3 percent. The Bureau of Statistics releases the report tomorrow at 11:30 a.m. in Sydney. Sustained jobs growth justifies the Reserve Bank's decision to raise its benchmark interest rate in August to damp inflation pressures in an economy that is growing at the fastest annual pace in three years. Miners are hiring workers as they expand to meet surging Chinese demand and retailers are opening new stores as consumer spending picks up. ``The odds favor another decent jobs number, consistent with the underlying strength of the economy,'' said Su-Lin Ong, senior economist at RBC Capital Markets in Sydney. ``We expect the unemployment rate to hold down at a three-decade low confirming the stretched nature of the labor market.''
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POPS8 Fast-Growing, High-Paying Jobs Below are the careers that are forecast for strong growth over the next decade, based on U.S. Bureau of Labor Statistics (BLS) projections through 2016.
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POPSTeen Unemployment Do you think there this might have something to do with the Minimum Wage? Leave no incumbent in office.
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POPS Obama Stimulate This … How bad is unemployment is the US? Among teenagers we have reached record unemployment as it is the highest it has ever been at 25.5%. This August, the teenage unemployment rate " that is, the percentage of teenagers who wanted a job who could not find one " was 25.5 percent, its highest level since the government began keeping track of such statistics in 1948. Likewise, the percentage of teenagers over all who were working was at its lowest level in recorded history… This August found more than a quarter of the teenagers in the job market unable to find work, an unemployment rate nearly three times that of the nonteenage population (9 percent), and nearly four times that of workers over 55 (6.8 percent, also a record high for that age group). An estimated 1.64 million people ages 16-19 were unemployed…
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POPSBarack Obama Sneaks Through “Union Only” Order Shutting 8 in 10 Construction Workers Out of Federal Full article Put Below but heres the URL... http://www.redstate.com/erick/2009/09/01/barack-obama-sneaks-through-union-only-order-shutting-8-in-10-construction-workers-out-of-federal-projects/ This will hugely drive up the cost of construction of federal buildings and line the pockets of unions without even having union workers involved in the projects. The Bureau of Labor Statistics shows that only 15.6% of private construction workers in America belong to unions. In other words, 8 out of 10 construction workers in America will be legally denied the right to work on federal building projects. This is appalling. Great news in the midst of a recession, right?
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POPSObama Uses His Horrific Unemployment Numbers to Push For Obamacare It's a pitch that comes as the Democratic-controlled Congress wrestles to write a health care plan that meets Obama's goals of expanding coverage to millions of uninsured while reining in exploding costs. The US unemployment rate rose from 7.6% to 9.7% under Obama... the highest rate in 26 years. Bureau of Labor Statistics- via Sweetness and Light Obama said with the Stimulus Bill the unemployment rate would not go over 8% but the unemployment rate is currently hovering around 9.5%. Obama claims his plan is working. And, now he wants to takeover the health care industry.
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POPSSeven Surprising Stay-Home Salaries Working at home can help you save on skyrocketing gas prices, but it makes financial sense for your employer, too. A study done for the Federal Reserve Bank of Dallas showed telecommuters earning $44,000 a year saved their company an average of $10,000. And, telecommuting options improve morale, productivity, and worker retention
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POPSseattle injury attorney The firm of Beard Stacey Trueb & Jacobsen represents maritime injury and wrongful death cases throughout United States. They are the only maritime plaintiff’s law firm that has offices both in Washington and Alaska
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POPSThe Economy Is Even Worse Than You Think From the article this interesting question arises: How could this happen when Washington has thrown trillions of dollars into the pot, including the famous $787 billion in stimulus spending that was supposed to yield $1.50 in growth for every dollar spent?
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POPS Federal Hiring Boom Federal Agencies Could Add 120,000 Area Jobs Hiring Boom Hasn't Offset Other Losses Though the number of unemployed people is rising in the Washington area, Kimberly A. Holder of the Food and Drug Administration has an opposite problem: She's looking for people to fill hundreds of positions slated to open soon. "We're expanding," said Holder, the FDA's assistant commissioner for management, who is among representatives from numerous federal agencies trying to figure out how the government can fill an estimated 600,000 positions over the next few years. After falling for two consecutive months, the unemployment rate in the metropolitan region rose to 6.2 percent in May from 5.7 percent in April. The figure, which is not seasonally adjusted, is the highest rate for May since recordkeeping began in 1990. (The Bureau of Labor Statistics revised the April figure from 5.6 percent.)
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POPS0bama Executive Order Limits Federally Funded Construction Spending to Union Shops The Stimulus was a payoff to the union bosses. It directly harmed the U.S. taxpayer to benefit Democrat cronies. Now that's change we can believe in. The combination is a festival of waste, fraud and mismanagement, topped off with a wonderful return-on-investment for the union bosses. The Porkulus package was not temporary, was not targeted, and it certainly didn't create any jobs. That's why even *Joe Biden admits that it's a failure. And the Bureau of Labor Statistics (BLS) puts current unemployment (U-6) at a shocking 16.4%. http://www.onepennysheet.com./?p=19938 *When serial gaffer Joe Biden reports that our government brain trust "guessed wrong" relative to said recovery, then we all know there is trouble in Dodge City. http://greensrealworld.blogspot.com/2009/06/even-biden-notes-stimulus-not-really.html
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POPSWant a Job? Get in Line Less than 1 job available for every 5 job seekers in the USA. So much for the theory that unemployment is a consequence of laziness. The wealth generated by capitalism is more vertical (and less horizontal) than we sometimes think.
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POPS The Obama Numbers Are Pure Fiction Mr. Obama's comments yesterday are a perfect illustration of just such a claim. In the months since Congress approved the stimulus, our economy has lost nearly 1.6 million jobs and unemployment has hit 9.4%. Invoke the magic words, however, and -- presto! -- you have the president claiming he has "saved or created" 150,000 jobs. During a March hearing of the Senate Finance Committee, Chairman Max Baucus challenged Treasury Secretary Timothy Geithner on the formula. "You created a situation where you cannot be wrong," said the Montana Democrat. "If the economy loses two million jobs over the next few years, you can say yes, but it would've lost 5.5 million jobs. If we create a million jobs, you can say, well, it would have lost 2.5 million jobs. You've given yourself complete leverage where you cannot be wrong, because you can take any scenario and make yourself look correct."
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