Fiat Chrysler and the UAW reach tentative labor deal

DETROIT Fiat Chrysler Automobiles and the United Auto Workers (UAW) union on Saturday announced a tentative agreement for a four-year labor contract, a boost for the automaker as it works to merge with France’s Groupe PSA. Italian-American Fiat Chrysler and …

DETROIT Fiat Chrysler Automobiles and the United Auto Workers (UAW) union on Saturday announced a tentative agreement for a four-year labor contract, a boost for the automaker as it works to merge with France’s Groupe PSA.
Italian-American Fiat Chrysler and …
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How Kamala Harris’ campaign unravelled

Jonathan Martin & Alexander Burns | NYT News Service | Updated: Dec 1, 2019, 0:32 ISTKamala Harris (AFP photo)WASHINGTON: In November, a few days after Senator Kamala Harris’ presidential campaign announced widespread layoffs and an intensified focus on Iowa, her senior aides gathered for a staff meeting at their headquarters. Some Harris aides have barely…

Jonathan Martin & Alexander Burns | NYT News Service | Updated: Dec 1, 2019, 0:32 ISTKamala Harris (AFP photo)WASHINGTON: In November, a few days after Senator Kamala Harris’ presidential campaign announced widespread layoffs and an intensified focus on Iowa, her senior aides gathered for a staff meeting at their headquarters. Some Harris aides have barely been able to suppress their fury about what they saw as the undoing of a once-promising campaign. Days later, Kelly Mehlenbacher, the state operations director, wrote a blistering resignation letter, obtained by NYT. “This is my third presidential campaign and I have never seen an organisation treat its staff so poorly,” Mehlenbacher wrote, assailing Rodriguez and Harris’ sister, Maya, the campaign chairwoman, for laying off aides with no notice. “With less
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Kamala Harris’ campaign manager is under fire, receives blame for decline

Sen. Kamala Harris (D-Calif.) isn’t bouncing back after a precipitous decline in the Democratic presidential race — and fingers are starting to point at her campaign manager.Juan Rodriguez has drawn the ire of both camapaign staffers and outside observers, The New York Times reports. “This is my third presidential campaign and I have never seen…

Sen. Kamala Harris (D-Calif.) isn’t bouncing back after a precipitous decline in the Democratic presidential race — and fingers are starting to point at her campaign manager.Juan Rodriguez has drawn the ire of both camapaign staffers and outside observers, The New York Times reports. “This is my third presidential campaign and I have never seen an organization treat its staff so poorly,” state operations director Kelly Mehlenbacher wrote in a resignation letter obtained by the Times.Mehlenbacher clarifie
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Kamala Harris’s campaign is facing an internal revolt over disastrous management that’s taken her out of the top tier of contenders

Sen. Kamala Harris’ presidential campaign is in free fall. She’s polling at about 4% nationally and failing to raise the necessary funds to keep her campaign healthy.Harris’ campaign aides are divided and in constant competition, in part because Harris maintains two campaign headquarters, according to a lengthy New York Times report.The campaign hasn’t been able to…

Sen. Kamala Harris’ presidential campaign is in free fall. She’s polling at about 4% nationally and failing to raise the necessary funds to keep her campaign healthy.Harris’ campaign aides are divided and in constant competition, in part because Harris maintains two campaign headquarters, according to a lengthy New York Times report.The campaign hasn’t been able to afford TV ads or polling for almost two months and has been drastically cutting back on Facebooks ads, The Times reported. Rep. Marcia Fudge, the former chairwoman of the Congressional Black Caucus who has endorsed Harris and regularly advises her, publicly pushed Harris to fire one of her campaign managers.Visit Business Insider’s homepage for more stories.Sen. Kamala Harris’ presidential campaign is in free fall. While the California lawmaker began her campaign in January with significant press hype and large enthusiastic crowds, she’s now polling at about 4% nationally and failing to raise the necessary funds to keep her campaign healthy. In a scathing resignation letter earlier this month, Kelly Mehlenbacher, the campaign’s former state-operations director, accused Harris’ top deputies of gross incompetence and not having “a real plan to win” after layoffs. “This is my third presidential campaign and I have never seen an organization treat its staff so poorly,” Mehlenbacher wrote in her letter, which was p
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AHS to cut 500 positions in three years: Nurses’ union – Edmonton Journal

The Alberta government intends to make changes and contract out services that would result in the loss of an estimated 6,400 to 7,400 unionized public-sector jobs by 2023, major labour organizations said Friday.The Alberta Union of Provincial Employees, Health Sciences Association of Alberta and United Nurses of Alberta received notices from the Alberta government and…

The Alberta government intends to make changes and contract out services that would result in the loss of an estimated 6,400 to 7,400 unionized public-sector jobs by 2023, major labour organizations said Friday.The Alberta Union of Provincial Employees, Health Sciences Association of Alberta and United Nurses of Alberta received notices from the Alberta government and Alberta Health Services on Friday notifying the unions of their intentions and their impacts on the workforce.Union leaders called the moves “devastating,” “dangerous” and “purely ideological.”Between 3,900 and 4,900 of the potential job reductions would be in health care.At a conference in Lake Louise Friday, Premier Jason Kenney said Alberta spends 20 per cent more on health care per capita than other large provinces, yet has a younger population and some worse health outcomes.“We’ve always been clear that getting our province’s finances back in order will require some reduction in the size of the overall public service and that we hope to achieve that primarily through attrition,” Kenney said.The government has contracted Ernst and Young to review the organization, services and programs of Alberta Health Services and is due to report to government by the end of December.Alberta $20.6-billion health budget increased one per cent this year compared to last. $15.4 billion of that goes to Alberta Health Services.In a Friday statement, Alberta Health Services said it needs to be more “efficient and focused” when funding stays stable in the face of the province’s growing and aging population. AHS is facing rising costs of 2.5 per cent per year, the organization’s statement said.Kenney said his government stuck to its commitment to maintain or increase the health budget.Protect front-line servicesLast February, while leader of the Opposition, Kenney signed a public health care guarantee pledging a United Conservative Party government would maintain a universally accessible publicly funded health-care system and maintain or increase health spending.“With the most expensive health system in Canada, I believe we c
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Daimler Plans 10,000 Layoffs Amid Auto Industry’s Electric Vehicle Pivot

German Chancellor Angela Merkel with a battery powered Mercedes Vision EQS car at the International … [+] Auto Show in September. TOBIAS SCHWARZ/AFP via Getty ImagesTopline: Daimler became the latest carmaker Friday to announce cost-cutting measures⁠—in the form of 10,000 layoffs by 2022⁠—to help fund production of electric vehicles, in what the company called “the…

German Chancellor Angela Merkel with a battery powered Mercedes Vision EQS car at the International … [+] Auto Show in September. TOBIAS SCHWARZ/AFP via Getty ImagesTopline: Daimler became the latest carmaker Friday to announce cost-cutting measures⁠—in the form of 10,000 layoffs by 2022⁠—to help fund production of electric vehicles, in what the company called “the biggest transformation in history” for the automotive industry. Daimler, which owns Mercedes-Benz, said it aims to reduce its workforce of over 300,000 by 3% (and cut 10% of management positions), saving 1.4 billion euros ($1.54 billion) by 2022.The job cuts will be made “as socially responsible as possible,” said Wilfried Porth, a labor management board member for Daimler, in an emailed statement to Forbes.The shift toward electric vehicle production⁠—fueled by a demand for
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Five Economic Reasons to be Thankful

With a Hat Tip to Neil Irwin (he started doing this several years ago) … here are five economic reasons to be thankful this Thanksgiving …1) Low unemployment rate. The unemployment rate was at 3.6% in October. The unemployment rate is down from 3.8% in October 2018 (a year ago), and is down from the…

With a Hat Tip to Neil Irwin (he started doing this several years ago) … here are five economic reasons to be thankful this Thanksgiving …1) Low unemployment rate.
The unemployment rate was at 3.6% in October. The unemployment rate is down from 3.8% in October 2018 (a year ago), and is down from the cycle peak of 10.0% in October 2009.Click on graph for larger image.
This is almost the lowest level for the unemployment rate since 1969 (the unemployment rate was at 3.5% in September)!
Also, this is the largest decline in the unemployment rate, from cycle peak-to-trough, since the BLS started tracking the unemployment rate in 1948.  (In the early ’80s, the unemployment rate declined from 10.8% to 5.0%; a decline of 5.8 percentage points.  The current decline from 10.0% to 3.5% in September is 6.5 percentage points!)2) Low unemployment claims.The number of new claims for unemployment insurance benefits is close to the lowest level since the 1960s (with a much smaller population back then).  The four week average of new unemployment has fallen to 220,000, about the same as a year ago, and down from the peak of 660,000 during the great recession.
Here is a graph of initial weekly unemployment claims.
The dashed line on the
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Economic Report: Jobless claims tumble 15,000 to 213,000 and fall back near postrecession low

The numbers: The number of people who applied for unemployment benefits fell sharply in the week before the U.S. Thanksgiving holiday, putting jobless claims back near historic lows and reflecting the persistent strength in the U.S. labor market. Initial jobless claims declined by 15,000 to 213,000 in the seven days ended Nov. 23, the government…

The numbers: The number of people who applied for unemployment benefits fell sharply in the week before the U.S. Thanksgiving holiday, putting jobless claims back near historic lows and reflecting the persistent strength in the U.S. labor market. Initial jobless claims declined by 15,000 to 213,000 in the seven days ended Nov. 23, the government said Wednesday. Last week claims had touched a five-month high.

Economists polled by MarketWatch had forecast new claims to total 220,000 after seasonal adjustments. The report came out a day earlier due to the U.S. holiday on Thursday. Read: U.S. consumer confidence falls for the fourth month in a row on labor-market worries What happened: Jobless claims are often volatile during the holiday season that begins in November, a month that includes Veterans Day and Thanksgiving. Shifting dates of Thanksgiving in particular can play havoc on the government’s efforts to adjust the data for seasonal swings in employment. That’s what looks to have happened this month. By and large, jobless claims have ranged around 220,000 or less f
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WeWork offered about 1,000 people a surprisingly good deal to move to a contractor then sent some of them a letter with another deal

This story requires our BI Prime membership. To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content. In addition to cutting 2,400 jobs last week, WeWork is also moving roughly 1,000 people on its janitorial and facilities staff off its payrolls by sending…

This story requires our BI Prime membership. To read the full article,

simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

In addition to cutting 2,400 jobs last week, WeWork is also moving roughly 1,000 people on its janitorial and facilities staff off its payrolls by sending them to contract companies.Business Insider has learned the details of the job offers that cleaning staff received.The offer retains their current salary, seniority, includes benefits. But workers are still concerned about job security.Then, on Friday, WeWork sent a letter to some of these employees that work at select buildings and offered them a different deal: stay on the payroll until the end of February without coming into work.For more stories about WeWork, click here. In addition to cutting 2,400 jobs last week, WeWork is also moving roughly 1,000 people on its janitorial and facilities staff off its payrolls by sending them to contract companies like JLL, Unity, and ABM, sources tell Business Insider.Business Insider has learned more details about this offer, including who got it, who didn’t, and the reasonably good terms these contractor companies offered WeWork employees.We’ve also learned about a last minute letter WeWork sent to some of these employees telling them they could skip the new job offer and instead take a layoff package that would keep them on the payroll, without coming into work, until late February.Not a perfect deal — but offer letters matched salaries and seniorityMultiple sources said that the new offer letters matched employees’ WeWork salaries and kept their seniority intact. After questions from CNN about how WeWork would treat its year-end 401K match — it required employment at year’s end — the company also committed to issue a lump sum equivalent to the 401K match. It did not give that same offer to the 2,400 people it laid off in November, sources say.The contract worker deal wasn’t perfect. They were not guaranteed that they would be working at the same building locations or shifts, or informed if they would be mov
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CN, Teamsters reach tentative deal, but shipping backlog to linger – CTV News

MONTREAL — An end to a nationwide rail strike that has gripped the country for eight days is within sight, but concerns linger over the economic fallout. Canadian National Railway Co. and Teamsters Canada reached a tentative deal Tuesday to renew a collective agreement for more than 3,000 workers, ending a strike that halted shipments,…

MONTREAL — An end to a nationwide rail strike that has gripped the country for eight days is within sight, but concerns linger over the economic fallout.

Canadian National Railway Co. and Teamsters Canada reached a tentative deal Tuesday to renew a collective agreement for more than 3,000 workers, ending a strike that halted shipments, triggered layoffs and disrupted industries across the country.

Normal operations at CN will resume Wednesday at 6 a.m. local time across Canada, the union said.

Details of the settlement agreement, which must be ratified by union members, were not immediately available. Ratification is expected within eight weeks.

CN chief executive JJ Ruest thanked the railway’s customers for their patience. “I would also like to personally thank our employees who kept the railroad moving safely at a reduced capacity” — about 10 per cent — Ruest said in a statement.

The union thanked the prime minister for respecting the workers’ right to strike and acknowledged the help of federal mediators and ministers Tassi and Garneau in reaching the deal.

“This government remained calm and focused on helping parties reach an agreement, and it worked,” Teamsters Canada president Francois Laporte said.

The federal government had faced mounting pressure to resolve the strike — either through swift mediation, binding arbitration or back-to-work legislation — as premiers and industry voiced concerns about lost profits and a critical propane shortage in Quebec.

About 3,200 CN conductors, trainpersons and yard workers across the country, who have been without a contract since July 23, walked off the job on Nov. 19 over worries about long hours, fatigue and what they consider dangerous working conditions.

Labour Minister Filomena Tassi and Transport Minister Marc Garneau congratulated the two sides for staying at the bargaining table and reaching a settlement.

“Had we taken an approach like the previous government in deciding to legislate back to work, we would not have had a solution today,” Garneau told reporters in Ottawa.

In 2012 federal legislation ended a nine-day strike at Canadian Pacific Railway Ltd.

Tuesday’s deal came a day after Nutrien
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