Major labor unions urge Biden to halt military aid to Israel
A group of leading labor unions wrote to President Biden on Tuesday urging him to halt military aid to Israel as it continues its war on Hama in the Gaza Strip. “We believe that a peaceful resolution to this conflict requires an immediate end to U.S. military assistance to the government of Israel.” letter Read. […]
UPS misses quarterly estimates on high labor costs, weak small-package demand
Gargi Chaudhuri, Chief Investment and Portfolio Strategist at BlackRock, discusses the value rally and earnings growth potential of small-cap stocks on “The Craman Countdown.” United Parcel Service Inc. on Tuesday reported second-quarter profit that fell short of Wall Street expectations, due to weak demand for package deliveries and higher costs caused by the Teamsters labor […]
Union leader’s provocative RNC speech draws ire from some in organized labor
Teamsters Chairman Sean O’Brien, who broke with tradition and caused controversy by speaking at the Republican National Convention, has said the organization will not endorse any presidential candidate during the election cycle. “A final decision has yet to be made,” The Teamsters told Reuters.He added that reports to the contrary were mere speculation. The Teamsters […]
Self-Described ‘Most Pro-Union President’ Joe Biden Facing Skepticism From Labor Leaders Following Debate Debacle
Following President Joe Biden’s poor performance in the June debates, some union leaders have questioned his chances of winning the election, according to multiple reports. Leaders United Auto Workers (UAW) and National Education Association (NEA) According to multiple media reports, Biden has publicly expressed concern about whether he can beat former President Donald Trump in […]
Wendy’s, Jersey Mike’s franchise owners slash hours, jobs to offset labor costs from California’s new $20 minimum wage
Wendy’s and Jersey Mike’s franchise owners in California have cut hours and staff to offset higher labor costs caused by the state’s new $20 minimum wage. Lawrence Chen, who owns seven Wendy’s franchises with his family in Southern California, said he has not only cut his hours but also helped fill shifts at his burger […]
4 Indian nationals accused of trafficking 100 people or more in Texas and forcing them to perform tech labor: Report
Four people of Indian descent have been arrested and charged in Texas for allegedly forcing possibly more than 100 people into confined housing and doing computer-related labor. A pest control company became concerned after offering bedbug treatment at a home in Princeton, Texas, about 40 miles northeast of Dallas, in March: When its crew arrived, […]
15 women found living in bare Texas home were victims of a ‘forced labor’ scheme: police
In Texas, four people were arrested for running a “forced labor” scheme in a nondescript home on a quiet residential street, stunning neighbors. The home in Princeton, about 45 miles northeast of downtown Dallas, was found to be home to 15 women who had been on welfare checks and were forced to sleep on the […]
Labor market nearing pre-pandemic conditions, Fed report says
Olu Omodunbi, chief economist at Huntington Private Bank, told Craman Countdown that the jobs report points to a slowdown in the labor market. of Federal Reserve The U.S. labor market has returned to the “tight but not overheated” conditions it was in before the coronavirus pandemic threw the economy into turmoil, the Treasury Secretary said […]
Biden's labor secretary laughs off 25th Amendment question
Acting Labor Secretary Julie Su, in an interview with Fox News after Friday’s latest jobs report, laughed off a question about whether members of President Biden’s Cabinet had invoked the 25th Amendment to the Constitution. “Have there been any discussions among your Cabinet colleagues about invoking the 25th Amendment?” Fox Business’ Edward Lawrence asked Su […]
‘The Labor Market Is Supported by Government Payrolls’
Good news in a vacuum The U.S. economy added 206,000 new jobs in June, and even the left and mainstream media were quick to acknowledge that. The overall numbers weren’t that great.. The Bureau of Labor Statistics announced on Friday that nonfarm payrolls rose more than forecasters expected in June. On the surface, this sounds […]