Word: labors
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Dates: during 2000-2009
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...plumber and Estonian architect" triggering "the demolition of France's social and economic model." Before the E.U. admitted 10 new members back in 2004, populist fears of unwashed hordes stealing jobs from local workers led most of the old E.U. countries, including Germany, Austria and France, to keep their labor markets closed...
...European Union's then 15 countries, only three - Ireland, Britain and Sweden - agreed to open their labor markets in May 2004. Though East Europeans have settled everywhere from Scandinavia to Spain, the most evident result of the decisions taken on enlargement has been a concentrated flow of Poles into Britain and Ireland. And although politicians and media in those countries warned that an influx of workers from Eastern Europe would undermine local economies, steal jobs and bankrupt the welfare system, the impact has been quite different. Polish migrants like Chudzicka have integrated seamlessly: 75%, in one survey, said the Irish...
...Ireland is just 4.5%, and job vacancy rates reported by Irish businesses in the past two years have actually risen, from 11% to 17%. The positions migrants are filling, economists say, are either ones that locals don't want, or new positions altogether. In fact, the infusion of educated labor drove growth in host countries' most dynamic sectors. Chudzicka arrived with a diploma in economics and now stars in her own Polish-language TV show (see profile). The majority of expatriate Poles have at least a secondary education, and many have a university degree. Most are working at jobs...
That hasn't gone unnoticed in the rest of Europe. The Polish story is feeding the debate as new countries such as Romania and Bulgaria join the E.U. As the Union continues to expand to the east, the toughest question facing its older members is whether to open labor markets. Among ordinary Europeans, opposition to enlargement has focused on the fear of losing jobs and the impact on expensive social welfare systems. (Despite their positive experience with Poland and other Eastern countries, both Britain and Ireland decided to maintain labor restrictions on Romania and Bulgaria for the time being...
...annoyance comes with a price tag. Jeffrey Hammond, senior analyst at Forrester Research, estimates the daylight saving time (DST) switch will cost the average company $50,000 in time and labor expenses - a conservative figure that doesn't take into account missed airline flights or forgotten appointments. That's a total of $350 million for the 7,000 publicly traded companies in the U.S. "In the aggregate it will probably be worth it, but right now it's an unfair tax on corporate America and even businesses worldwide that I don't think Congress thought about," says Hammond. Since most...