Word: laboral
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Dates: during 2000-2009
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...only $16.9 billion in ready cash reserves in place as of Sept. 30. Buried in the same voluminous report is a note indicating that GM has tucked away another $13.5 billion, in trust, to pay for health care for current and future blue-collar retirees covered by labor contracts with the United Auto Workers...
...chairman and CEO Richard Wagoner. Ford's health-care expenses for both active and retired employees now run $2.2 billion, a figure that will drop significantly thanks to the solution provided by the trusts. Once the retiree-health-care liabilities are removed from company balance sheets, the gap in labor costs between Detroit and its nonunion competitors in the South should drop to $250 per vehicle or even less, according to one estimate by the Center for Automotive Research. (Read "Don't Call It Bankruptcy...
...problems China now faces are a result of economic policies that are finally kicking in at an inopportune time. Concerned earlier this year about spiking inflation and a blistering yearly growth rate of 11% or more, China's economic czars set out to cool things down. They introduced tough labor laws designed to decelerate production of lower-value-added goods. It's in that sector that hundreds of thousands of workers are now losing jobs. The same holds true for the bubbling property market, where Chinese authorities conveyed to potential home buyers that they would be wise to hold...
Later that day: When I get home, I really feel as if I've done a day's labor. It's not just that my mind is weary. My whole body is. Very satisfying. Bonus: too tired to tidy...
...from immigration,” Dominguez said. He discussed the barriers inherent in pursuing immigration reform, particularly devising a method for currently illegal immigrants to obtain citizenship. Although a path toward legalization is favorable in that it would lead to decreased law-breaking and a more manageable flow of labor, a system allowing undocumented immigrants to eventually become citizens may motivate more immigrants to enter illegally. He acknowledged the proposal of a mandatory citizenship ID, though not supported by any political party, may be a boon for more effective immigration policy, by allowing for protection of the rights of citizens...