Word: labors
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Dates: during 2000-2009
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...will most other people. That will stall the recovery process because everyone is waiting to see what happens. But in the long run, roughly three things help the economy improve. First of all, those not laid off - the majority - start consuming again. Second, a new cohort comes into the labor market and is likely to benefit from the recovery, so it's spending more. Third, those who experienced a negative shock, either from a layoff or from graduating in a recession, begin to spend again as well; however, they're likely to save less...
...other end of the spectrum are businesses that have planned for the flu but don't necessarily know how far they can go legally. "The question I'm hearing a lot is, Can employers send workers home involuntarily?" says Daniel P. O'Meara, a labor lawyer at Montgomery, McCracken, in Berwyn, Pa. The Occupational Safety and Health Act contains a general duties clause that specifies that employers must keep a safe workplace, which can be used to justify sending a sick employee home, he says. In this sluggish economy, however, resistance is to be expected...
...audiences are attracted to and entertained by Moore--but what is the political effect of his star quality? In Capitalism, after cogently diagnosing the collusion of Wall Street and Congress in cooking this mess, he ends not by urging tough legislation but by calling for community activism and labor-union muscle. The problem is that movies, even Michael Moore movies, aren't an efficient method for rousing a constituency. Fahrenheit 9/11 didn't do half the damage to George W. Bush that the Swift Boat smears did to John Kerry. Sicko couldn't change lawmakers' minds on health care...
...unemployment enigma is not solely the result of the recession but also the cumulative effect of a decade of negative labor practices like cutting pensions, avoiding hiring workers by extending the hours of salaried employees, and outsourcing [Sept. 21]. I was laid off from a temporary tax job in April, and I have been unemployed since. On paper, my unemployment appears to be a consequence of the recession. In fact, it is a result of the 2002 offshoring of my prior job: a well-paying, 24-year IT career with AT&T and IBM. Had that not happened, I most...
...bill once it hits the floor of his chamber. He must also contend with the fact that it takes 60 votes on almost anything to overcome a filibuster. Reid must also grapple with the two bills passed by his committees - the Finance Committee and the Health, Education, Labor and Pensions (HELP) Committee - which approach the health-reform issue in significantly different ways. By comparison, the measures passed by three House committees are far more similar to each other...