Word: labor
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...creation is like every other part of the economic fabric. Even when an economy is at its worst, some small set of firms which usually have capital and a need for workers find that labor costs are so low that the risks of bringing in a new person or people is extremely modest. And, of course, if the burden of employing new workers is too great or the company's prospects turn worse, the most recent people hired are often the first people fired...
...rallies—held at 12:30 p.m. and 4:00 p.m.—were comprised by members of the Harvard Union of Clerical and Technical Workers, the Services Employees International Union, the Student Labor Action Movement, and the Cambridge political group Socialist Alternative...
...ARRA now includes a “Buy American” clause, which stipulates that all steel and manufactured goods produced with stimulus money will have to be made in America. The bill also makes it practically impossible for any company receiving federal funds to hire foreign labor, no matter how skilled...
...food or bad execution. That proved to be more than true at the Encore's pan-Asian offering, Wazuzu, where mediocrity ruled, from the bland shumai to the uninteresting sushi to the disinterested service - our waitress abandoned us midway through the meal for her break. She was following labor rules, we presume, but the handoff was less than smooth...
...dramatic 12 billion euro ($16 billion) takeover of a larger rival that left most of Germany breathless - but not quite with admiration. Such buyouts had more often been associated with predatory foreigners (e.g., Americans) than with fellow Germans. The audacious bid smacked of hubris to many Germans and angered labor unions, who warned that the Schaeffler Group was biting off more than it could chew. Indeed, it soon came under immense pressure as the global financial crisis slammed headlong into the German car industry and orders dried up almost overnight. By the end of 2008, the once proud matriarch...