Dairy State Senator Will Block Mike Lee’s Giveaway to India Tech Workers

Sen. Mike Lee’s S.386 green card giveaway to India’s U.S.-based workers has created a new opponent: dairy farmers who fear his bill will kill their ability to recruit and reward long-serving dairy workers with U.S. green cards. The result is that South Dakota Sen. Mike Rounds will block Lee’s next attempt to pass his giveaway … Read moreDairy State Senator Will Block Mike Lee’s Giveaway to India Tech Workers

Singapore – Ministry responds to concerns about gig workers

Singapore’s Ministry of Manpower responded to debates in The Straits Times newspaper over the treatment of gig workers. One letter writer to the newspaper had raised concerns that gig economy workers were not able to make ends meet despite working all day and holding multiple jobs. In its response, the agency said that over the … Read moreSingapore – Ministry responds to concerns about gig workers

Kitchen Sink From The Fed – Up To $365 Billion In The Next Month!

The Fed appears to be concerned about end of the year liquidity, judging by their latest statement on their repo operations. The Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York has released the schedule of repurchase agreement (repo) operations for the monthly period from December 13, 2019 through January … Read moreKitchen Sink From The Fed – Up To $365 Billion In The Next Month!

Stepping on America’s Green Gas Pedal

Some news you may have missed: On Dec. 11 Rep. Jackie Speier (D-CA) announced the Affordable American-made Automobile Act. Through a big point-of-sale tax credit, the legislation would encourage drivers to consider buying a new and used electric vehicles (EV). Additionally, the bill would provide incentives to build out the next generation of charging stations, … Read moreStepping on America’s Green Gas Pedal

U.S. Interior Immigration Arrests Fell Despite Admin Push

Thu, Dec 12th 2019 @ 5:04 pm EST Non-border immigration arrests in the United States fell by 10 percent in the year to September from a year earlier, the latest U.S. data shows, a drop the head of Immigration and Customs Enforcement (ICE) said was partly due to the diversion of the agency’s resources to … Read moreU.S. Interior Immigration Arrests Fell Despite Admin Push

Where Are the ‘High Crimes’?, by Pat Buchanan

“Quid pro quo” was the accusatory Latin phrase most often used to describe President Donald Trump’s July 25 phone call asking for a “favor” from the president of Ukraine. New Year’s prediction: The Roman poet Horace’s Latin depiction: “Parturient montes, nascetur ridiculus mus” — “The mountains went into labor, and brought forth a mouse” –…

MYEFO – What To Expect

On Monday the Australian government will release the Mid-Year Economic and Fiscal Outlook (MYEFO). This will – as required by the Charter of Budget Honesty – provide an update on the key assumptions made in this year’s budget, and track the implications of decisions made since the budget for the projected surplus. Via The Conversation. … Read moreMYEFO – What To Expect

Has Deutsche Bank’s Tide Turned?

On 10 December, Deutsche Bank AG hosted an investor day following the announcement this summer of its more radical shift in strategy. Via Moody’s. We see the bank as being on track to achieving the majority of the plan’s targets, in particular with regard to the proposed de-risking, downsizing and cost-cutting measures, while achievement of … Read moreHas Deutsche Bank’s Tide Turned?

I Am Crying, You’re Crying. But Our Day Will Come.

The exit polls from the British election are a devastating blow. Allowing the Tories to pose as the defenders of Brexit ensured defeat — and has handed historic Labour areas over to the party of bosses and landlords. But with resolute socialist organizing, we will have another shot at power. Darren Staples / Getty Images If … Read moreI Am Crying, You’re Crying. But Our Day Will Come.

Rep. Axne Votes to Lower Prescription Drugs Price for Iowa Seniors and Families, Adds Amendment to Cut Red Tape

Washington D.C. — Today, Rep. Cindy Axne (IA-03) voted for passage of H.R. 3, the Lower Drug Costs Now Act, a measure that will lower prescription drug prices and improve the quality of health care for Iowa seniors and families. Prior to passage of the final bill, the House voted unanimously to add Rep. Axne’s … Read moreRep. Axne Votes to Lower Prescription Drugs Price for Iowa Seniors and Families, Adds Amendment to Cut Red Tape

CEOs cautious about economy; uncertainty over trade policy, global growth

The Business Roundtable reported Wednesday that its CEO Economic Outlook Index fell to a reading of 76.7 for the fourth quarter, down 2.5 points from the previous quarter. The index declined for the seventh consecutive quarter and remains below its historical average of 82.7, indicating continued moderation in the pace of economic growth. CEOs remain … Read moreCEOs cautious about economy; uncertainty over trade policy, global growth

Former temp agency owner must pay back nearly $1 million

The former owner of a temporary employment agency in Modesto, California, has been convicted of fraud and ordered to pay $944,718 in restitution to the State Compensation Insurance Fund after underreporting about $4.9 million in payroll to get a lower workers’ compensation insurance premium, according to the California Department of Insurance. Michael Zendejas, the former … Read moreFormer temp agency owner must pay back nearly $1 million

Chartis acquires The Greeley Co.

The Chartis Group, a provider of advisory services and analytics to the healthcare industry, acquired The Greeley Co., whose services include healthcare staffing solutions. Chartis also provides limited staffing services. The transaction closed in late November; terms were not disclosed. The Greeley Co. brand will remain and its executives will stay with the firm. Headquartered … Read moreChartis acquires The Greeley Co.

Nearly half of employers expect ‘very good’ job market for college grads in 2020

Employers believe college grads from the class of 2020 will find a robust job market, according to a fall survey by the National Association of Colleges and Employers. Nearly half of employers polled for NACE’s Job Outlook 2020 survey rated the job market for next year’s graduating class as “very good” and nearly 10% ranked it “excellent.” … Read moreNearly half of employers expect ‘very good’ job market for college grads in 2020

Talent shortages, healthcare and diversity among top HR challenges for 2020

Finding high-quality applicants, preparing for the future of healthcare and the Affordable Care Act, and managing diversity are among the most difficult challenges facing employers in 2020, according to a survey released today by XpertHR. The survey found 30% of human resource professionals viewed recruiting and hiring as their top challenge, across all areas. Of … Read moreTalent shortages, healthcare and diversity among top HR challenges for 2020

Initial jobless claims jump to two-year high

US initial jobless claims rose to a two-year high in the week ended Dec. 7, according to seasonally adjusted data released today by the US Department of Labor. Total initial jobless claims for the week rose to 252,000, up 49,000 from the previous week’s unrevised level. This is the highest level for initial claims since … Read moreInitial jobless claims jump to two-year high

Op-ed: Steel Tariffs Are Reviving Forgotten U.S. Communities

Excerpt:The tariffs are speeding the evolution of U.S. steelmaking into a world-class, state-of-the-art industry. Steelmakers, like U.S. Steel and AK Steel, have eliminated some jobs. But the cuts are being made to older, less-efficient plants. Media commentators often criticize the Trump Administration’s steel tariffs. But the evidence from around the United States shows that the … Read moreOp-ed: Steel Tariffs Are Reviving Forgotten U.S. Communities

Glad I Didn’t Say That! The Epic Fail of Tariff Fear-Mongering

“Trump’s trade war may soon hit consumers’ wallets and paychecks.” –NBC News, July 18, 2018 “Tariffs will surely lead to higher prices for imported goods and, to a lesser extent, prices for non-imported goods that use imported materials.” –Wharton School of Business, University of Pennsylvania, July 18, 2018 “Tariffs are about to hit consumers, and … Read moreGlad I Didn’t Say That! The Epic Fail of Tariff Fear-Mongering

The Corporate Media Has No Idea What to Do With the Fact That Bernie Sanders Is Jewish

The mainstream press loves attacking Bernie Sanders for either being too Jewish or not Jewish enough. It’s a cynical ploy to undermine his unapologetically left-wing campaign. Sen. Bernie Sanders appears on television screens in the Media Center during the Democratic Presidential Debate at Otterbein University on October 15, 2019 in Westerville, Ohio. Chip Somodevilla / … Read moreThe Corporate Media Has No Idea What to Do With the Fact That Bernie Sanders Is Jewish

Trump tweets ‘very close’ to China trade deal

US President Donald Trump on Thursday tweeted that the United States is “VERY close” to a trade deal with China, days before new tariffs are due to take effect. The two largest economies in the world are locked in a wide-ranging trade war but negotiators have been working to reach at least a partial resolution … Read moreTrump tweets ‘very close’ to China trade deal