Showing posts with label jobs. Show all posts
Showing posts with label jobs. Show all posts

Monday, April 7, 2014

Inside Jobs: Why Facebook’s Hardware Engineering Head Likes Getting His Hands Dirty

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Inside Jobs: Why Facebook’s Hardware Engineering Head Likes Getting His Hands Dirty

Friday, April 4, 2014

BOEHNER: Where are the promised jobs?

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BOEHNER: Where are the promised jobs?

Sunday, March 9, 2014

America"s rich moving jobs out of the country?

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America"s rich moving jobs out of the country?

Saturday, March 8, 2014

Record Jobs For Old Workers; Everyone Else - Better Luck Next Month

At Not Just The News, the privacy of our visitors is of extreme importance to us (See this article to learn more about Privacy Policies.). This privacy policy document outlines the types of personal information is received and collected by Not Just The News and how it is used.


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Record Jobs For Old Workers; Everyone Else - Better Luck Next Month

Where The Jobs Are: More Than Half Of All February Job Gains Are In Education, Leisure, Temp Help And Government

At Not Just The News, the privacy of our visitors is of extreme importance to us (See this article to learn more about Privacy Policies.). This privacy policy document outlines the types of personal information is received and collected by Not Just The News and how it is used.


Log Files


Like many other Web sites, Not Just The News makes use of log files. The information inside the log files includes internet protocol (IP) addresses, type of browser, Internet Service Provider (ISP), date/time stamp, referring/exit pages, and number of clicks to analyze trends, administer the site, track user"s movement around the site, and gather demographic information. IP addresses, and other such information are not linked to any information that is personally identifiable.


Cookies and Web Beacons


Not Just The News does use cookies to store information about visitors preferences, record user-specific information on which pages the user access or visit, customize Web page content based on visitors browser type or other information that the visitor sends via their browser.


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Where The Jobs Are: More Than Half Of All February Job Gains Are In Education, Leisure, Temp Help And Government

Thursday, March 6, 2014

VIDEO: Five Years of the Bull Market: Economist"s Take









Five years ago this weekend, March 9, the U.S. stock market hit its crisis bottom. Since then the S 500 has more than doubled, but the economy still remains a sputtering engine. Lindsey Piegza, chief economist at Sterne Agee, discusses on MoneyBeat.













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VIDEO: Five Years of the Bull Market: Economist"s Take

Tuesday, February 25, 2014

WIRE: Few Army Women Want Combat Jobs...

At Not Just The News, the privacy of our visitors is of extreme importance to us (See this article to learn more about Privacy Policies.). This privacy policy document outlines the types of personal information is received and collected by Not Just The News and how it is used.


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WIRE: Few Army Women Want Combat Jobs...

AP Exclusive: Few Army women want combat jobs








FILE – This Sept. 18, 2012 file photo shows female soldiers training on a firing range while wearing new body armor in Fort Campbell, Ky. Only a small fraction of Army women say they’d like to move into one of the newly opening combat jobs, but those few who do, say they want a job that takes them right into the heart of battle, according to preliminary results from a survey of the service’s nearly 170,000 women. (AP Photo/Mark Humphrey, File)





FILE – This Sept. 18, 2012 file photo shows female soldiers training on a firing range while wearing new body armor in Fort Campbell, Ky. Only a small fraction of Army women say they’d like to move into one of the newly opening combat jobs, but those few who do, say they want a job that takes them right into the heart of battle, according to preliminary results from a survey of the service’s nearly 170,000 women. (AP Photo/Mark Humphrey, File)





FILE – In this Jan. 27, 2012 file photo, Army Chief of Staff Gen. Raymond Odierno speaks at the Pentagon. Only a small fraction of Army women say they’d like to move into one of the newly opening combat jobs, but those few who do, say they want a job that takes them right into the heart of battle, according to preliminary results from a survey of the service’s nearly 170,000 women. The issue is going to be the propensity of women who want to do some of these things,” Odierno said in an interview with The AP. “I don’t think it’s going to be as great as people think.” (AP Photo/Pablo Martinez Monsivais, File)













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(AP) — Only a small fraction of Army women say they’d like to move into one of the newly opening combat jobs, but those few who do say they want a job that takes them right into the heart of battle, according to preliminary results from a survey of the service’s nearly 170,000 women.


That survey and others across the Army, publicly disclosed for the first time to The Associated Press, also revealed that soldiers of both genders are nervous about women entering combat jobs but say they are determined to do it fairly. Men are worried about losing their jobs to women; women are worried they will be seen as getting jobs because of their gender and not their qualifications. Both are emphatic that the Army must not lower standards to accommodate women.


Less than 8 percent of Army women who responded to the survey said they wanted a combat job. Of those, an overwhelming number said they’d like to be a Night Stalker — a member of the elite special operations helicopter crews who perhaps are best known for flying the Navy SEALS into Osama bin Laden’s compound in 2011.


Last year top Pentagon officials signed an order saying women must have the same opportunities as men in combat jobs and the services have been devising updated physical standards, training, education and other programs for thousands of jobs they must open Jan. 1, 2016. The services must open as many jobs to women as possible; if they decide to keep some closed, they must explain why.


The Army says that about 200,000 of its 1.1 million jobs are either direct combat or related jobs such as field artillery, combat engineers and so on. That’s roughly 20 percent of the force, though the direct-combat front-line fighters make up roughly half of that or about 9 percent.


Throughout last year, the Army emailed questionnaires to active duty, reserves and Army National Guard members to gauge soldiers’ views on the move to bring women into combat jobs. The results from the survey sent to women showed that just 2,238 — or 7.5 percent — of the 30,000 who responded said they would want one of the infantry, armor, artillery and combat engineer jobs.


Army officials also polled men and women on their concerns about the integration. And they asked senior female leaders to say whether they would have chosen combat jobs if they’d been given that chance 10 or 20 years ago.


All agreed the physical standards for the jobs should remain the same.


“The men don’t want to lower the standards because they see that as a perceived risk to their team,” David Brinkley, deputy chief of staff for operations at the Army’s Training and Doctrine Command, told the AP. “The women don’t want to lower the standards because they want the men to know they’re just as able as they are to do the same task.”


Brinkley’s office at Fort Eustis is filled with charts, graphs and data the Army is using to methodically bring women into jobs that have been previously open only to men. The surveys are helping to shape the education and preparation that women, men and top leaders need to put in place to insure the integration goes smoothly.


The questionnaires, and the focus groups that followed them, showed that younger men and those who have served with women in the last two years are more open to the integration, while mid-level soldiers — particularly those in units such as infantry and armor that have not yet included women — were more hesitant.


And there were nagging stereotypes. Male soldiers fretted that their unit’s readiness will be degraded because of what they term “women issues,” such as pregnancy and menstrual cycles. Or they worried that women incapable of the physical demands would be brought in anyway.


Officers were concerned about sexual harassment and improper relationships. And the idea of integrated units bothered both military wives and husbands.


Plagued by an increase in reported sexual assaults, the military is putting a much greater emphasis on training, reporting and treatment. But that increased focus, said Brinkley, has prompted some troops to say they are worried to be in the same room together.


The men, said Brinkley, worry that anything they say could ruin their careers.


“Did we have a problem? Yes. Are we aggressively solving it? Yes,” said Brinkley. But, he added, “we’ve kind of created a little environment of fear, which we fear might frankly hinder integration.”


The solution, said Brinkley and other Army leaders, involves education, training and good leadership.


Women across the Army have been getting pregnant for years and those units have dealt with it. And, while inappropriate relationships do happen, they are a violation of regulations. So it is up to unit leaders to enforce the Uniform Code of Military Justice in the combat arms units, just as they do in others.


Army leaders were unsurprised by the small number of women interested in combat jobs.


“The issue is going to be the propensity of women who want to do some of these things,” Gen. Ray Odierno, chief of staff of the Army, said in an interview with the AP. “I don’t think it’s going to be as great as people think.”


According to the survey, the vast majority of the women who expressed interest in combat jobs were in the lower ranks, age 27 or younger.


Some of the more experienced soldiers said that if they had it to do all over again, they might choose one of the combat arms jobs.


The limited interest also is in line with what other countries, such as Norway, have seen as they integrated women into combat roles, Brinkley said.


But, what surprised even him was what the women named as their preferred combat career.


More than 30 percent of the survey respondents pointed to the 160th Special Operations Aviation Regiment.


“I went back to the analysts and I said, ‘is there a glitch in this?’” said Brinkley.


But adding women will help the unit fill some spots. The 160th commander has said he is struggling, for example, to get mechanics, but even though there are many in the Army, he can’t bring them on because they are women, Brinkley said.


The 160th is a specialized unit used to fly forces fast, low and deep behind enemy lines under cover of darkness. Seventeen women already work in the unit in administrative, intelligence and logistics posts. And there have long been women aviators and aircrew in the conventional Army, just not on the special operations teams.


Hundreds of pilot and crew positions in the 160th were formally opened to women last June. And, as of Monday, officials said a number of women had applied and a handful have gotten the initial favorable assessment that allows them to begin moving through the process that includes a rigorous training course.


The second most popular choice was infantry, followed closely by combat engineers. Far fewer said they wanted to be in the field artillery, where unit members move and work with massive rocket and cannon systems. And the least popular branch of the Army they named was armor — jobs that involve working in the hulking tanks and armored vehicles.


“We’ve got to utilize the talent that we have available,” Odierno said. “We have some incredible female talent that we’ve been ignoring for a long time. We’ve got to get it in the right place.”


Associated Press




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AP Exclusive: Few Army women want combat jobs

Wednesday, February 19, 2014

On the News With Thom Hartmann: Raising the Minimum Wage Could Decrease Jobs for Low-Wage Workers, and More

At Not Just The News, the privacy of our visitors is of extreme importance to us (See this article to learn more about Privacy Policies.). This privacy policy document outlines the types of personal information is received and collected by Not Just The News and how it is used.


Log Files


Like many other Web sites, Not Just The News makes use of log files. The information inside the log files includes internet protocol (IP) addresses, type of browser, Internet Service Provider (ISP), date/time stamp, referring/exit pages, and number of clicks to analyze trends, administer the site, track user"s movement around the site, and gather demographic information. IP addresses, and other such information are not linked to any information that is personally identifiable.


Cookies and Web Beacons


Not Just The News does use cookies to store information about visitors preferences, record user-specific information on which pages the user access or visit, customize Web page content based on visitors browser type or other information that the visitor sends via their browser.


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These third-party ad servers or ad networks use technology to the advertisements and links that appear on Not Just The News send directly to your browsers. They automatically receive your IP address when this occurs. Other technologies ( such as cookies, JavaScript, or Web Beacons ) may also be used by the third-party ad networks to measure the effectiveness of their advertisements and / or to personalize the advertising content that you see.


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You should consult the respective privacy policies of these third-party ad servers for more detailed information on their practices as well as for instructions about how to opt-out of certain practices. Not Just The News"s privacy policy does not apply to, and we cannot control the activities of, such other advertisers or web sites.


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On the News With Thom Hartmann: Raising the Minimum Wage Could Decrease Jobs for Low-Wage Workers, and More

CBO Report Says Minimum-Wage Hike Will Cost 500,000+ Jobs; Common Sense vs. Research Papers

At Not Just The News, the privacy of our visitors is of extreme importance to us (See this article to learn more about Privacy Policies.). This privacy policy document outlines the types of personal information is received and collected by Not Just The News and how it is used.


Log Files


Like many other Web sites, Not Just The News makes use of log files. The information inside the log files includes internet protocol (IP) addresses, type of browser, Internet Service Provider (ISP), date/time stamp, referring/exit pages, and number of clicks to analyze trends, administer the site, track user"s movement around the site, and gather demographic information. IP addresses, and other such information are not linked to any information that is personally identifiable.


Cookies and Web Beacons


Not Just The News does use cookies to store information about visitors preferences, record user-specific information on which pages the user access or visit, customize Web page content based on visitors browser type or other information that the visitor sends via their browser.


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  • Google, as a third party vendor, uses cookies to serve ads on Not Just The News.

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These third-party ad servers or ad networks use technology to the advertisements and links that appear on Not Just The News send directly to your browsers. They automatically receive your IP address when this occurs. Other technologies ( such as cookies, JavaScript, or Web Beacons ) may also be used by the third-party ad networks to measure the effectiveness of their advertisements and / or to personalize the advertising content that you see.


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CBO Report Says Minimum-Wage Hike Will Cost 500,000+ Jobs; Common Sense vs. Research Papers

UNEMPLOYMENT BENEFITS ONGOING SAGA, More House Dems retire, CBO: MINIMUM WAGE HIKE WOULD COST THOUSANDS OF JOBS


By Ginger Gibson (ggibson@politico.com or @GingerGibson)


UNEMPLOYMENT BENEFITS ONGOING SAGA – A group of Senate Republicans are trying to get the politically dangerous issue of unemployment benefits off the congressional agenda before the fall election. POLITICO’s Burgess Everett has the story: “Senate Majority Leader Harry Reid (D-Nev.) has vowed to press the GOP on unemployment benefits — forcing them to keep taking votes on a bill to extend aid to the long-term unemployed. But Republicans have rejected it twice since the program expired on Dec. 28.


“Sens. Dan Coats of Indiana, Rob Portman of Ohio, Dean Heller of Nevada and Susan Collins of Maine want a deal that could bring the Democratic drumbeat to an end. They gathered last week to plan how to revisit the cause when the Senate returns next week, hoping they can get Democrats to agree to their policy changes and finally move the red-hot issue off the Senate’s plate. “We’re still working on the same thing, which is solving the problem,” Portman said in an interview Tuesday. “I continue to believe that we can solve this if Democrats want to.”


“The political maneuvering is a reminder that voting down money for a government program might be good politics for hard-liners running on slashing deficits and spending, but for centrists, especially those from states where jobless rates remain high, looking unsympathetic to the long-term unemployed is a big risk. That explains the nuanced positions of senators like Coats, who has surprised Democrats by engaging in the unemployment debate last week.” http://politi.co/1bL5b02


CBO: MINIMUM WAGE HIKE WOULD COST THOUSANDS OF JOBS – POLITICO’s Brian Faler has the newest bombshell from the CBO: “Raising the minimum wage would cost thousands of jobs while simultaneously lifting wages for millions more, according to a new report sure to inflame an election-year battle over income inequality.


“In an analysis providing fodder to both Democrats and Republicans, the Congressional Budget Office said Tuesday that a proposal similar to one offered by President Barack Obama would reduce total employment by 500,000 workers or about .3 percent by 2016. At the same time, it would boost earnings for some 16.5 million people, lifting 900,000 above the poverty line, the report said.” http://politi.co/1jDiK0U


– House Minority Leader Nancy Pelosi and Workforce Committee Chairman George Miller both released statements after the report saying they will continue to press for a hike in the wage.


EXECUTIVE AUTHORITY— President Obama announced a renewed effort to reduce emissions from large trucks and is acting with his executive authority. The Washington Post’s Juliet Eilperin reports: “President Obama announced Tuesday that the federal government will further tighten fuel efficiency for medium- and heavy-duty trucks, part of his ongoing effort to use executive authority to address climate change and spur domestic manufacturing.


“Speaking at the Safeway distribution center in Upper Marlboro, Md., Obama did not specify what new standard the Environmental Protection Agency and the Department of Transportation should set for these larger trucks, which weigh more than 8,500 pounds, but he said he was confident manufacturers could meet this “ambitious” goal.” http://wapo.st/1fghuAx


NUMBERS: DSCC raised $ 6.5 million in January, topped NRSC by $ 2 million – http://politi.co/N9oQLy


HOUSE DEM RETIREMENTS CONTINUE – Two more House Democrats announced they are not seeking reelection.


– Rocket scientist New Jersey Democrat Rep. Rush Holt will not run for reelection. Holt becomes the third member of the New Jersey delegation to skip out on Congress this year. POLITICO’s Alex Isenstadt reports: ““There is no hidden motive for my decision,” Holt, 65, said in a statement Tuesday. “As friends who have worked with me know, I have never thought that the primary purpose of my work was re-election and I have never intended to make service in the House my entire career. For a variety of reasons, personal and professional, all of them positive and optimistic, the end of this year seems to me to be the right time to step aside and ask the voters to select the next representative.”


“Holt, a member of the House Education and the Workforce Committee, is a former Swarthmore College professor. He’s also a five-time Jeopardy! champion.” http://politi.co/1kSNIW1


– Freshman California Democrat Rep. Gloria Negrete McLeod announced she will instead seek a seat as a San Bernardino County supervisor. The LA Times Richard Simon reports: “”My heart is here in the district,” she said in a written statement. After agonizing over whether to run for reelection to Congress or a seat on the Board of Supervisors, “my desire to represent this community locally, where I have lived for more than 40 years, and where I have long served as an elected official, won out,” she said.


“Negrete McLeod, 72, a former state lawmaker, defeated a fellow Democrat, then-Rep. Joe Baca of Rialto, to win election to the House in 2012. Baca said by telephone Tuesday that he was still planning to run for the seat being vacated by retiring Rep. Gary Miller (R-Rancho Cucamonga) but added that he was keeping his options open.” http://lat.ms/1dIIqbK


And then Baca – who is running for George Miller’s seat — called McLeod a bimbo: And then he apologized. The Hill’s Cameron Joseph has the story, asking Baca about party leaders trying to tip the scales against him: “Look at what we wound up with: Some bimbo who decided not to run again. … Here we go again now with another New Yorker trying to tell us who’s going to be the representative of the 31st. It’s up to the people to decide.”


“Baca called back Tuesday evening to apologize for his “poor choice of words.” “I was just upset the district lost a representative in a short period of time. To me, that’s a disservice to the area. I do apologize for my poor choice of words,” Baca told The Hill.” http://bit.ly/1bkZ3ez


MISSISSIPPI SENATE – POLITICO’s Alex Burns looks at the Mississippi Senate race: “As Sen. Thad Cochran faces a potentially career-ending primary challenge, his strategy for victory is straightforward: Stress his decades of bringing home federal largesse and his long relationships with home-state Republicans; tap Washington rainmakers to fill his campaign account; and bring in Mississippi political legends like Haley Barbour and Trent Lott to help seal the deal.


“Cochran’s opponent in the June 3 showdown, state Sen. Chris McDaniel, is practically salivating over the contrast that it represents. As the 2014 election cycle begins to accelerate, perhaps no race presents a sharper difference of views on what it means to be a Republican or offer a sharper microcosm of the ongoing GOP civil war than the race in Mississippi.” http://politi.co/1kWjCRH


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GOOD WEDNESDAY MORNING, FEB. 19, 2014, and welcome to The Huddle, your-play-play preview of all the action on Capitol Hill. Scott is out for the week, so send tips, suggestions, comments, complaints and corrections to ggibson@politico.com. You can also heckle me on Twitter @GingerGibson. Seung Min Kim will be taking over tomorrow. Email her skim@politico.com.


TODAY IN CONGRESS –. The House and Senate have both recessed for the week.


AROUND THE HILL – All is quiet on Capitol Hill. But far from the hill members are holding press conferences in their districts. Sen. Ted Cruz will hold a press conference to discuss his energy plan at 2 p.m. CT at Spindletop in Beaumont, Texas. No livesteam is available. 


MUST-WATCH: DRIVING THE DAY – POLITICO insiders Alex Burns, Anna Palmer, Manu Raju and Jake Sherman relaunch this classic POLITICO video series, taking you behind-the-scenes of what’s driving the day’s headlines every Tuesday – Thursday morning. Today’s video looks at the future of the Senate control and who has the upper hand, Republicans or Democrats: www.politico.com/drivingtheday .


DISCHARGE PETITIONS – Roll Call’s David Hawkings argues the unlikely success of two discharge petitions Democrats are pushing in the House: “the one they’ve been talking about most enthusiastically in recent days — the discharge petition — has a high probability of failure.


“It’s almost certainly not going to realize the stated legislative objective, which is to break the deadlock created by conservatives on both immigration and increasing the minimum wage. But neither is it likely to produce the unstated political objective, which is to push the GOP into looking like the sort of discordant and mean-spirited mess that’s undeserving of running the House for another two years.


“The reason for those predictions is the same on both counts. There just aren’t enough genuine moderates in the Republican conference, nor a sufficient number of endangered GOP incumbents, to give either discharge petition a chance for success.” http://bit.ly/1eQJXrV


Former Rep. Mel Reynolds arrested in Zimbabwe – No stranger to the legal troubles, former Rep. Mel Reynolds was arrested in Zimbabwe on Monday after authorities found him in possession of pornography, a crime in the African nation. Reuters has the story: “Former congressman Mel Reynolds has been arrested in Zimbabwe, an immigration official said on Tuesday, after state media reported the convicted sex offender had been found with pornography at a local hotel.


“Police and immigration officials were investigating Reynolds for living in the southern African country without a valid visa, Francis Mabika, an assistant regional immigration officer, told Reuters.” http://yhoo.it/1falXpS


HILL ALUMNI FILES: Former Carper aide running for Delaware treasurer – Sean Barney will primary embattled Democratic Treasurer Chip Flowers. The News Journal’s Jonathan Starkey has the story: “He has now launched a campaign website, where he takes only veiled shots at Flowers, who has come under fire in recent months for his troubled relationship with the board that manages a $ 2 billion taxpayer portfolio and questionable credit card spending out of his office. “I will restore the focus of the Treasurer’s office on its core responsibility of protecting the integrity of payments made with taxpayer resources,” Barney said on his website. He added that, “As policy director to the governor, I worked with 16 cabinet secretaries and cabinet agencies of state government to help develop consensus…. I understand that the role of the State Treasurer on the State’s Cash Management Policy Board operates in a similar vein– not to make policy unilaterally, but to work effectively with others to do right by the people of Delaware.”” http://delonline.us/1mrEJNr


Outside spending in Florida 13 –The Washington Post’s Sean Sullivan takes a look at the numbers: “There’s no doubt that Republicans and Democrats see the outcome of Florida’s 13th district special election as a crucial marker ahead of the midterm elections this fall. For proof, look at how much money organizations on both sides have been pouring in.


“The biggest spenders thus far have been Republican-aligned groups, according to a tally from the Center for Responsive Politics, which tracks campaign spending. GOP groups have spent more than $ 2.8 million to boost Republican nominee David Jolly or attack Democratic nominee Alex Sink, CRP’s most up-to-date numbers show. Democratic groups have spent nearly $ 1.5 million doing the opposite.” http://wapo.st/1jQq9gr


Happening in Ukraine – As violent clashes between protesters and riot police continue, government officials are beginning to take more public note of the conflict. From The Hill’s Justin Sink: “Vice President Biden on Tuesday called Ukranian leader Viktor Yanukovych to express “grave concern” about a brutal police crackdown in Kiev.


“According to the White House, Biden urged Yanukovych to “pull back government forces and to exercise maximum restraint.”” http://bit.ly/1oRjvY0


– From the NY Times: “Secretary of State John Kerry urged Mr. Yanukovych to stop the bloodshed. “We call on President Yanukovych and the Ukrainian government to de-escalate the situation immediately, and resume dialogue with the opposition on a peaceful path forward. Ukraine’s deep divisions will not be healed by spilling more innocent blood,” he said in a statement.” http://nyti.ms/1fdcy0B


TUESDAY’S TRIVIA WINNER – Something interesting happened with yesterday’s trivia that will result in two winners. When Mark Twain wrote “Congress doesn’t know anything about religion… You religious people there are too feeble, in intellect, in morality, in piety—in everything pretty much.” he was writing for Sen. Nye of Nevada in response to a constituent seeking help to incorporate the Episcopal Church in Nevada. Jim Sims of Molycorp chimed in with that answer, pointing to the recently published book by John Mueller “Mark Twain in Washington.” (See excerpt here: http://bit.ly/1bIqG1s)


But the Senate historian had a different answer on their website. In an article on their website (http://1.usa.gov/1bhYNNg), they stated that Twain was working for Sen. William Stewart, also of Nevada. Michael Brumas, in Sen. Mitch McConnell’s office, was the first one to respond with that answer.


Since there were conflicting responses, I went to the Senate Historian to try to get to the bottom of this piece of Twain trivia. Turns out, Mueller was correct and Nye was Twain’s employer when he penned those words. Twain blew through several jobs during his brief stint in Washington. They are changing their website. And now we can say Huddle changed history.


TODAY’S TRIVIA – Michael Brumas has today’s trivia question. On at least two occasions, what former member of the Senate Judiciary Committee prefaced his opposition to Supreme Court nominees with the adage, ‘When in doubt, don’t.’ The first person to correctly answer gets a mention in the next day’s Huddle. Email me at ggibson@politico.com.


GET HUDDLE emailed to your Blackberry, iPhone or other mobile device each morning. Just enter your email address where it says “Sign Up.” http://www.politico.com/huddle/


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POLITICO – Top 10 – Huddle



UNEMPLOYMENT BENEFITS ONGOING SAGA, More House Dems retire, CBO: MINIMUM WAGE HIKE WOULD COST THOUSANDS OF JOBS

Monday, February 10, 2014

Why the Lousy Jobs Report Boosted Wall Street

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Why the Lousy Jobs Report Boosted Wall Street

Sunday, February 9, 2014

FOCUS | Why the Lousy Jobs Report Boosted Wall Street

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FOCUS | Why the Lousy Jobs Report Boosted Wall Street

Wednesday, February 5, 2014

Hayes Podcast: Obamacare Jobs Numbers are Trouble for Democrats

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Hayes Podcast: Obamacare Jobs Numbers are Trouble for Democrats

Obamacare Creates Incentive to Work Less - CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by 2017

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Obamacare Creates Incentive to Work Less - CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by 2017

Tuesday, February 4, 2014

Obamacare Creates Incentive to Work Less; CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by 2017

Obamacare Creates Incentive to Work Less; CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by 2017

MarketWatch reports Obamacare plans to exceed $ 1 trillion, create reluctant workers.

The CBO projects that insurance subsidies and related spending will account for increasing chunks of deficit spending, starting at $ 20 billion this year and steadily increasing to $ 159 billion in 2024, for a collective cost of just under $ 1.2 trillion. The cumulative total from the ACA for the next decade could reach $ 1.35 trillion.

In several charts in its report, the CBO calls these “effects on the cumulative federal deficit.” But in footnotes and other portions of the 175-page report, the CBO points out there are other sources of revenue generated under the ACA that are expected to make it deficit neutral.


Labor Market Effects of the Affordable Care Act


Inquiring minds are also in interested in labor force projections. For that let’s dive into the massive 182 page PDF CBO Budget and Economic Outlook 2014 to 2024 report.


Incentive to Work Less


On PDF page 44 (Report page 38) a curious footnote reads “By providing subsidies that decline with rising income (and increase with falling income) and by making some people financially better off, the ACA will create an incentive for some people to work less.


A detailed explanation is found in Appendix C on PDF page 123.

How Much Will the ACA Reduce Employment in the Longer Term?

The ACA’s largest impact on labor markets will probably occur after 2016, once its major provisions have taken full effect and overall economic output nears its maximum sustainable level. CBO estimates that the ACA will reduce the total number of hours worked, on net, by about 1.5 percent to 2.0 percent during the period from 2017 to 2024, almost entirely because workers will choose to supply less labor — given the new taxes and other incentives they will face and the financial benefits some will receive. Because the largest declines in labor supply will probably occur among lower-wage workers, the reduction in aggregate compensation (wages, salaries, and fringe benefits) and the impact on the overall economy will be proportionally smaller than the reduction in hours worked. Specifically, CBO estimates that the ACA will cause a reduction of roughly 1 percent in aggregate labor compensation over the 2017–2024 period, compared with what it would have been otherwise. Although such effects are likely to continue after 2024 (the end of the current 10-year budget window), CBO has not estimated their magnitude or duration over a longer period.


The reduction in CBO’s projections of hours worked represents a decline in the number of full-time-equivalent workers of about 2.0 million in 2017, rising to about 2.5 million in 2024. Although CBO projects that total employment (and compensation) will increase over the coming decade, that increase will be smaller than it would have been in the absence of the ACA. The decline in full-time-equivalent employment stemming from the ACA will consist of some people not being employed at all and other people working fewer hours.


Why Does CBO Estimate Larger Reductions Than It Did in 2010?


In 2010, CBO estimated that the ACA, on net, would reduce the amount of labor used in the economy by roughly half a percent—primarily by reducing the amount of labor that workers choose to supply. 2 That measure of labor use was calculated in dollar terms, representing the approximate change in aggregate labor compensation that would result. Hence, that estimate can be compared with the roughly 1 percent reduction in aggregate compensation that CBO now estimates to result from the act. There are several reasons for that difference: CBO has now incorporated into its analysis additional channels through which the ACA will affect labor supply, reviewed new research about those effects, and revised upward its estimates of the responsiveness of labor supply to changes in tax rates.


Don’t worry. This won’t cost 2 million jobs, only 2 million equivalent full-time jobs.  Perhaps a many as 6 million work fewer hours each week. The CBO did not estimate the breakdown.


Regardless, that cannot possibly happen, can it?  Didn’t Obama claim ACA would create jobs? Hmm. What else did he promise?


Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com


Mish’s Global Economic Trend Analysis




Read more about Obamacare Creates Incentive to Work Less; CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by 2017 and other interesting subjects concerning Economy at TheDailyNewsReport.com

Americans may reject full-time jobs thanks to Obamacare







The Congressional Budget Office (CBO) reported Tuesday that many middle-class Americans with full-time jobs may decide to go part-time now that, instead of their employer,  the American taxpayer is funding their health insurance.


The Obamacare exchanges offer healthcare outside of the workplace with subsidies paid for by the middle and upper income earners in America. Those in the lower-income brackets have no reason to keep working full-time when President Obama’s plan would let them work half as much for an equal benefit.


As employers are forced to quit offering workplace insurance due to Obamacare’s rapidly increasing costs, security issues and faulty implementation, employees are left wondering, “why work 40 hours for pay and have a portion of my premiums given to the health insurance when I could just get insurance for free from Obamacare and get the same pay without the insurance premiums coming out of my check?”


That makes Obamacare one more expansion of the welfare state that the President denied was happening in his pre-Superbowl interview – and this one is ALL HIS.


For middle class, two-earner, hard-working families it’s complicated to understand where all their money is going. Income taxes are eating up the grocery money. Sales taxes are eating up the kids clothing and school supplies money. Property taxes are eating up the home repair money. Obamacare taxes (so says the Supreme Court) are eating up the healthcare dollars.


When a family has all those burdens upon them from the government, how much time could a parent possibly have to raise their children or manage a household? Not much – ask middle-income household leaders these days.


Obamacare had a noble cause – health care for everyone.  Unfortunately it turned into the same mess every government program does – money from the people to make the elitists in Washington even richer than they already are.


You know, while the liberals decry the 1% – they fail to ask for the same revolution against those  who steal DIRECTLY from the working folks – the elites in Washington:


- Raised taxes


- Implemented Obamacare


- Spent money on failed unicorn-like energy dreams (billions)


- won’t bring up current foreign policy


- and much much more


Kick the habit and realize that dishonesty hurts. It is time to see the forest for the trees – and they are good.


Rich Mitchell is the Sr. Managing Editor of Conservative Daily News. His posts may contain opinions that are his own and are not necessarily shared by Anomalous Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and google+



Conservative Daily News



Americans may reject full-time jobs thanks to Obamacare

Monday, February 3, 2014

Staples Plucks Postal Jobs


Staples’ latest ad slogan is “What the L?” That sounds like what postal workers said when they found out the retail chain planned to steal their work.


The Long Island, New York, local of the American Postal Workers Union didn’t waste any time after the news broke in November. Members voted to boycott Staples and ask their friends and neighbors to do the same.


“The ball started rolling then,” said President Pete Furgiuele—and APWU soon launched a national campaign.


Across the country, local delegations visited Staples stores in January to threaten a boycott unless the retailer’s new “postal units” are staffed by actual postal employees.


The pilot program opened postal counters inside 82 Staples stores in California, Georgia, Massachusetts, and Pennsylvania, staffed non-union by the big-box retailer. They offer many of the “most popular” (that is, most profitable) services APWU members provide at post office windows, including stamp sales, first-class domestic and international mail, and priority and express mail. Other services aren’t offered—money orders, media mail, and P.O. boxes, for instance.


The union doesn’t oppose making postal services available in more places and for longer hours. In fact, APWU and the other postal unions are in an ongoing battle to stop USPS from closing down post offices and cutting back hours at the ones that remain.


At one time, “we had, in almost any city of any size, air mail units that were open 24 hours a day,” said new APWU President Mark Dimondstein. “Those have been pretty much shut down.” In Greensboro, North Carolina, where he previously worked, a post office located in a mall used to be open seven days a week until 9 p.m.—staffed by postal union members.


That’s the key. Workers say the new jobs have to be union and live up to the standards in their contract, not undermine them.


Race to the Bottom


The Postal Service is known for providing stable union jobs, a good salary and benefits, a hiring preference for veterans, and strong protections against discrimination. It was a job you could make a career.


Though standards have eroded in recent years, they’re still much better than what you’ll find at Staples.


A recent online petition by a Staples employee calling herself “Sue Whistleblower” garnered more than 200,000 signatures protesting a new company policy to cut part-time workers to fewer than 25 hours per week so they won’t qualify for health insurance.


Is that the future of postal work? USPS management’s “constant refrain,” said Dimondstein, “is that the post office has to be competitive—which means, from their point of view, it has to engage in the race to the bottom for minimum-wage work.


“My answer is, why don’t we just put the children back into the textile mills and skip the in-between steps? That’s where this race to the bottom is going to end up.”


There’s also the matter of whether you want to trust Staples with your mail.


‘Staples Doesn’t Care’


“Staples doesn’t care about the mail; they care about selling computers and pens,” said LeRoy Moyer, president of the Charlotte, North Carolina, local. “The person at Staples could be selling you a pen one minute, then trying to tell you how to send your package to a location overseas the next.


“It may be convenient, but if you give it to them and it doesn’t go where it’s supposed to go, it wasn’t too con-venient, was it?”


“We take pride in our work,” said steward Venus Abaoag, a member of Moyer’s local. “A Staples employee would not be held to the same standards that we are.”


She joined the delegation that visited three Charlotte-area Staples stores January 14. A store manager said they’d been warned to expect the union—one sign the message is getting through to corporate.


APWU aimed to complete a few hundred such visits by mid-January. If the retailer doesn’t back off, the next step will be a national day of protests at Staples stores, likely followed by “sustained activity” such as leafleting at the pilot sites and asking other unions to join a boycott, said Dimondstein.


He and the Members First Team swept into leadership of the APWU in November, promising a grassroots fight against concessions, closures, and service cuts. This looks like their first skirmish.


Public-Piranha Partnerships


An ominous report from the USPS Office of Inspector General last summer recommended cutting costs through “public-private partnerships.” One area it called ripe for expansion: retail.


USPS was already on the case, having asked 80 retail chains in 2012 whether they’d be interested in offering postal services. Apparently Staples was first to bite.


Private franchisees also offer certain postal services at 500 “Village Post Offices” and 3,300 “Contract Postal Units,” often located inside gas stations or grocery stores in small towns. Though these aren’t a big hit with the postal unions either, they’re seen as small potatoes.


But it’s easy to see how the scope of outsourcing could swell if Staples expands its program from the 82 pilots to its 1,600 locations nationwide—and if its competitors start getting into the game too.


Make no mistake: the point is to substitute Staples counters for brick-and-mortar post offices, not supplement them. That’s how the plan reduces costs: by closing post offices and subcontracting unionized postal jobs to low-wage retail employers.


The Inspector General’s report was blunt about this. “The Postal Service has attempted several times to rationalize its retail infrastructure with mixed results,” it said. “Stakeholder opposition and regulatory hurdles have prevented aggressive consolidation.”


Got that? For “stakeholder opposition” read “community protest.”


Cut Labor Costs


Franchising would kill two birds, the report said, bringing down both labor costs and the “fixed costs of owning retail facilities.”


What are these “regulatory hurdles”? For one, the closure of a post office can be appealed to the Postal Regulatory Commission. But a bill being pushed by Representative Darrell Issa—postal workers’ biggest foe in Congress—would nix the appeal if the post office were located within two miles of a contract postal unit.


An astute map put together by Save the Post Office blogger Steve Hutkins shows that 1,200 of the nation’s 31,000 post offices are within two miles of a Staples—exposing them to heightened risk of closure without appeal.


Staples can, of course, close stores whenever it suits the business plan. The company axed about 40 last year. It’s repositioning itself to focus less on retailing office supplies and more on competing with Amazon in e-commerce.


In contrast to the new Staples counters, the post office in a small town often serves as a “central meeting point,” Furgiuele said. “Part of people’s daily routine is to go to the luncheonette, stop by the local post office, and get the news.”


When he was a clerk working the post office box section in Farmingdale, New York, “I knew kids from the time they were born, to the time they got married and they had kids,” he said. “I would have a standing height measure on the side of the door and would measure them for years.


“Staples could never provide—or wish to provide—that.”


Sold to the Private Sector


The New York Metro local visited Staples stores in Manhattan, New Jersey, and the Bronx—where it’s also fighting the impending closure of the Bronx General Post Office. WPA-era murals grace the walls there, celebrating laborers in various industries. Developers envision a big-box store or restaurant.


Chuck Zlatkin, the local’s legislative and political director, said 90 percent of customers at the Bronx GPO are African American or Latino. “You can’t escape the impact of racism on this situation,” he said. “You have to understand what the postal service has meant historically for people of color, in terms of the opportunity to get decent jobs, to get into the middle class, to be able to buy homes and send their kids to college—and also the people who are served by it.


“At these hearings, the people who show up are the people most dependent on the post office: elderly people, disabled people, poor people.”


A similar fight is raging over a historic Berkeley post office—less than a mile from one of the Staples pilots. Activists who maintained a tent city on the post office steps for 33 days last summer are pushing for a city zoning change that would prevent its being sold for private profit.


Developers and business association people want to put a high-rise hotel or mall there. “Berkeley has more than its share of boutiques,” said retired letter carrier Dave Welsh. “We don’t need any more! We need a public space.”


A well-connected real estate firm called the CBRE Group has the exclusive contract to sell off post offices like these; more than 600 are already earmarked. CBRE’s board chair, Richard Blum, is married to Senator Dianne Feinstein. Its CEO, Robert Sulentic, sits on the board of Staples.


Re-run of Sears Fight


The Staples battle looks like a re-run of one the union fought—and won—25 years ago. In 1988 Sears announced a similar pilot program at 11 stores.


Union members sent the corporation thousands of protest letters. Some cut up their Sears credit cards and sent in the plastic shreds. The company backed off, abandoning the program.


“Sears perceived, ‘we’re losing all this business for something peripheral to our main mission,’ and threw in the towel,” said David Yao, vice president of the Greater Seattle Area local.


“Think about it, if Sears had become the post office,” Dimondstein said. “Sears was the thriving retailer that had the reach into more cities and towns in the country—but Sears is basically gone now. The post office would have gone with it.”


He’s confident the public will take the postal workers’ side against Staples, too. “This is a time when the demand for a living wage has captured the imagination of the people,” he said. “I don’t think people are going to want their postal services performed by people forced to make $ 8.25 an hour.”




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