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-- 2016 --
December 26: Trump swears his administration
will only 'buy American and hire American'
What he didn't explain in his Instagram vow, however, is why his businesses
haven't yet followed those rules that he claims to be so "simple." In the last
15 years, Trump's businesses have hired "at least 1,256 foreign guest workers,"
CNN
reported. Since Trump launched his presidential campaign in 2015, his
companies
have requested "at least 190 foreign visa workers."
Most recently, it was reported that the Trump Winery vineyard is looking to hire
six foreign workers to start just days after Trump is sworn in as president.
Trump also reportedly got approval from the U.S. Labor Department in October to
hire
64 foreign workers to fill temporary jobs over the winter at his Mar-a-Lago
Club in Florida.
http://theweek.com/speedreads/669936/trump-swears-administration-only-buy-american-hire-american
-- 2017 --
January 17:
General Motors (GM)
announced plans to invest at least $1 billion in U.S. factories. The company
also committed to creating or retaining about 7,000 U.S. jobs in the next few
years ... These plans have been in the works for some time, according to a company
executive, and aren't part of any arrangement with President Trump.
http://money.cnn.com/2017/02/17/news/companies/donald-trump-jobs-watch/index.html
January 17:
CEOs Rush to Avoid
Trump’s Wrath With Stops at the Gilded Tower
https://www.bloomberg.com/news/articles/2017-01-17/ceos-seek-to-avoid-trump-s-wrath-with-stops-at-the-gilded-tower
January 21: Trump: Jobs Returning ‘Because
of Me’ ... Two days before becoming president, Donald Trump tweeted that GM,
Ford, Lockheed Martin and others announced investments and job creation in the
U.S. “because of me!” But industry experts and company officials say the recent
moves were largely market-driven and were in the works before Trump was elected.
To be sure, CEOs at the companies Trump listed — all of whom have met personally
with Trump since his election — have said they are encouraged by Trump’s
promises to cut regulations and lower corporate taxes, moves they said that will
allow them to grow.
But are the flurry of recent corporate announcements about investments and job
creation in the U.S. symptomatic of the Trump effect? The answer is more complex
than Trump’s tweets suggest. Many of the company announcements tweeted by Trump
— especially those from GM and Ford — fit a years-long trend.
https://www.factcheck.org/2017/01/trump-jobs-returning-because-of-me/
February 9:
Intel repeats Obama-era pledge to
invest billions in a new factory
... just last year, the
company laid off more than 12,000 employees to restructure
operations. Also, this isn't the first time Intel has committed to creating jobs
and investing billions to make Fab 42. It made a similar announcement in
2011 but then backed
off [due to lack of demand for the product].
https://www.pcworld.idg.com.au/article/613974/intel-repeats-obama-era-pledge-invest-billions-new-factory/
February 9: Intel regularly establishes new
factories to create smaller, powerful and more power-efficient chips.
http://gosporttimes.com/2017/02/09/intel-ceo-makes-oval-office-appearance-days-after-opposing/
March 7:
Trump and jobs: A running fact check
http://money.cnn.com/2017/02/17/news/companies/donald-trump-jobs-watch/
March 7: ExxonMobil announced plans Monday to create 45,000 jobs along the Gulf Coast
by 2022. In a White House video, Trump said it was happening "to a large extent
because of our policies and the policies of this new administration."
But those jobs are part of an Exxon project launched four years ago.
... The project is resuming now that demand is picking up again.
http://money.cnn.com/2017/02/17/news/companies/donald-trump-jobs-watch/
March 10:
Trump did not add 235,000 jobs to the economy. Obama did.
“One of the most important elements of analyzing labor market reports is that
they’re lagging indicators so they tend to be a reflection of what has been
happening in the economy in the prior six months to a year,” Frances Donald,
senior economist at Manulife Asset Management, told the publication. “The jobs
numbers that we’ll see six months from now will probably be a better reflection
of the new administration.”
https://newrepublic.com/minutes/141266/trump-not-add-235000-jobs-economy-obama-did
March 14: Why Donald Trump Is Wrong About
Manufacturing Jobs and China
https://www.newyorker.com/business/currency/why-donald-trump-is-wrong-about-manufacturing-jobs-and-china
March 17: Trump touted January gains that
occurred before his inauguration.
It’s true that the U.S. economy has added 473,000 jobs this year,
according to the Bureau of Labor Statistics. But Trump wrongly takes credit
for the 238,000 jobs added in January to make the claim that “nearly half a
million” jobs have been created “since I took the oath of office.”
The BLS measures payrolls as of
the week containing the 12th day of the month. Trump wasn’t sworn in until
Jan. 20. So the January numbers were based on a survey that was concluded
before Trump took office.
We also note that this positive jobs trend is not something that began in
January, or even since the election. As we have
noted previously, the economy added more than 250,000 new jobs a month in
20 of the 96 months under President Obama. Overall, the nation’s economy
added
11.5 million jobs under Obama, including a record 75 straight months of job
growth — which was extended to 76 months in February.
https://www.usatoday.com/story/news/politics/2017/03/17/fact-check-trump-twists-jobs-numbers/99298802/
April 11: "We've created over 600,000 jobs already over a very short
period of time and it's going to really start catching on now," Trump said
Tuesday at the White House, flanked by his top advisers and the CEOs who are
members of his
Business Advisory Council. ... 317,000 jobs have been created since Trump
took office. The president is trying to take credit for nearly double that
number of jobs.
http://money.cnn.com/2017/04/11/news/economy/donald-trump-jobs/index.html
April 12: Amazon Touts Job-Creation Plans,
Patching Up Rift With Trump ... The additional jobs would swell Amazon’s U.S.
workforce, which stood at 180,000 last year
https://www.wsj.com/articles/amazon-to-create-more-than-100-000-full-time-jobs-in-u-s-1484233541
April 18:
USCIS is working on a combination of rulemaking, policy memoranda, and
operational changes to implement the Buy American and Hire American Executive
Order. We are creating and carrying out these initiatives to protect the
economic interests of U.S. workers and prevent fraud and abuse within the
immigration system.
https://www.uscis.gov/legal-resources/buy-american-hire-american-putting-american-workers-first
April 18: Trump’s ‘Hire American’ overhaul
could damage pro-business agenda
https://www.cnbc.com/2017/04/18/trumps-hire-american-overhaul-could-damage-pro-business-agenda.html
April 25:
Betraying 'Hire American' Pledge, Trump Rewards Companies Offshoring US Jobs ...
Though he has the
power, President Trump has yet to wield his executive authority to stop U.S.
jobs from being shipped abroad
All told, in the year since Trump was elected, more than
93,000 jobs have been certified by the Department of Labor as lost to
outsourcing or trade competition, slightly higher than the average of about
87,000 in the preceding five years. But federal contractors made up 10% of
that number, rather than the previous average of 4%. That suggests companies
that work for the government like General Motors, Boeing and United
Technologies aren’t worried about political repercussions from the man in
the White House.
https://qz.com/1144201/under-trump-us-jobs-are-moving-overseas-even-faster-than-before/
December 2: GE lays
off 12,000
https://www.daytondailynews.com/business/will-000-power-layoffs-affect-dayton/MZZcu3UOF1y7bU4gdTrEUO/
December 5:
"You may not agree with him," said Ma, the billionaire executive chairman of
the Chinese e-commerce behemoth.
But he urged people to give Trump a chance. "You can never achieve something
within one year."
"At least he's trying," Ma added in an interview on "Squawk
Box."
December 8: President Trump's Record On
Jobs And Stocks
https://www.npr.org/2017/12/08/569451704/fact-check-president-trumps-record-on-jobs-and-stocks
December 8: [Trump says] the Keystone XL,
Dakota Access pipelines will bring 48,000 jobs.
False. A State Department report ... put the total number of
Keystone XL jobs at 42,100, defined as a position filled for one year. Also,
the estimate counted direct jobs involved in the pipeline’s construction and
manufacturing as well as indirect jobs spurred by the impact of workers’ wages
in the economy. The construction phase, with 3,900 workers hired over two years,
was expected to take only one to two years.
After construction, the total number of
long-term jobs, primarily for maintenance, was about 50.
http://www.politifact.com/truth-o-meter/article/2017/dec/08/fact-checking-trumps-make-america-great-again-spee/
December 31: Donald Trump's jobs promise
just about holding up but trouble may lie ahead ... Jobs lay at the heart of
the president’s campaign but, while employment has continued its Obama-era
upward trend, the figures mask lurking structural issues
https://www.theguardian.com/us-news/2017/dec/31/donald-trump-jobs-analysis
-- 2018 --
January 6: Trump’s first-year jobs numbers
were very, very good ... On Friday morning, the government’s Bureau of Labor
Statistics released employment numbers for December, bookending President
Trump’s first year in office. While the number of jobs added was lower than many
analysts expected —
up 148,000 — it was a continuation of the trend of growth seen over the
course of 2017.
With those numbers in hand, we can now compare Trump’s first year in office to
his predecessors’. And in that comparison, Trump comes out looking pretty good.
https://www.washingtonpost.com/news/politics/wp/2018/01/05/trumps-first-year-jobs-numbers-were-very-very-good/?utm_term=.1aa560d329e2
January 6: President Trump's First Year Of
Job Growth Was Below President Obama's Last Six Years ... Over the September to
December timeframe, there were 163,000 additional jobs per month and for the
year 171,000 jobs were added monthly. This compares to President Obama’s last
six years where the job market averaged at least 174,000 per month and hit
250,000 in 2014. It isn’t too surprising that job growth has slowed since the
unemployment rate has dropped to very low levels.
https://www.forbes.com/sites/chuckjones/2018/01/06/president-trumps-first-year-of-job-growth-was-below-president-obamas-last-six-years/#25801ece25ab
January 7: Bright spot for Trump in 2017,
job creation faces new challenges ... Despite a bumpy first year, President
Donald Trump can point to at least one important success: the number of jobs
grew and the unemployment rate fell in 2017. Friday’s government jobs report
showed 148,000 new jobs created and the unemployment still at a 17-year low of
4.1 percent.
How big of an accomplishment was that? That’s a question that can be answered in
a lot of different ways.
https://www.nbcnews.com/politics/first-read/bright-spot-trump-2017-job-creation-faces-new-challenges-n835341
January 16:
The new economics of jobs is bad news for working-class Americans
-- and maybe for Trump
In
the latest survey covering December 2017, the number of college graduates with
jobs jumped by 305,000—while the numbers of employed Americans with no high
school degree fell by 132,000. High school graduates with jobs dropped by
38,000, and employees with some college but no degree declined by 45,000.
https://www.brookings.edu/blog/fixgov/2018/01/16/the-new-economics-of-jobs-is-bad-news-for-working-class-americans-and-maybe-for-trump/
January 22:
President’s Decision on Solar
Tariffs is a Loss for America
The Solar Energy Industries Association (SEIA) – the national trade association
for the U.S. industry - and its members expressed disappointment in the decision
by President Trump to impose 30 percent tariffs on imported solar cells and
panels.
The decision effectively will cause the loss of roughly 23,000 American jobs
this year, including many in manufacturing, and it will result in the delay or
cancellation of billions of dollars in solar investments.
https://www.seia.org/news/presidents-decision-solar-tariffs-loss-america
January 22:
Whirlpool Says It's
Adding Jobs After Trump Tariff Decision
Whirlpool Corp. said it’s adding 200 jobs after the
Trump Administration
imposed a tariff of up to 50 percent on large residential washing machines,
a penalty aimed at imports from rivals
Samsung Electronics Co. and
LG Electronics Inc.
The new full-time employees will work at a factory in Clyde, Ohio, Whirlpool
said on Monday. The American appliance maker also vowed to make broader
investments in manufacturing and innovation.
https://www.bloomberg.com/news/articles/2018-01-22/whirlpool-says-it-s-adding-jobs-in-wake-of-trump-tariff-decision
January 22: The
U.S. government's decision to
impose tariffs on imported solar cells will destroy local jobs, raise electric
bills and hurt the environment, according to former New York City Mayor
Mike Bloomberg.
https://www.cnbc.com/2018/01/22/mike-bloomberg-trumps-solar-tariff-destroy-us-jobs-raise-bills.html
January 23:
Mr. Trump's Tariffs Will Not Bring Back Manufacturing Jobs
Whirlpool, which sells more washing machines in the United States than any other
company, says that the Trump administration's decision, which will
apply tariffs to imports from most countries, will lead to the creation of 200
jobs at a factory in Ohio, in anticipation of increased sales.
https://www.nytimes.com/2018/01/23/opinion/trumps-tariffs-manufacturing-jobs.html
January 23: Trump's new solar tariffs could
kill 23,000 US jobs ... "It boggles my mind that this president -- any
president, really -- would voluntarily choose to damage one of the
fastest-growing segments of our economy,"
added Standard Solar's Tony Clifford.
https://www.engadget.com/2018/01/23/trump-30-percent-solar-tariffs-job-losses/
January 24: Tourism to the U.S. has dropped
since President Donald Trump took office, and it has cost the country 40,000
jobs even as the president has repeatedly claimed credit for job creation.
Inbound travel has dipped 4 percent and travel spending has declined 3.3
percent, according to
recent data from the National Travel and Tourism Office. This “Trump slump”
translates to losses of tens of thousands of jobs and $4.6 billion in spending.
http://www.newsweek.com/tourism-tanks-under-trump-costs-america-40000-jobs-report-finds-789452
January 29: Hung out to dry twice, Tennessee
city stumped by Trump's washer tariffs
https://www.reuters.com/article/us-usa-trade-tariffs-jobs/hung-out-to-dry-twice-tennessee-city-stumped-by-trumps-washer-tariffs-idUSKBN1FI0G1
January 29: What Happened to All the Jobs
Trump Promised? ... Since the election, President Trump has made 31 specific
claims about companies adding or saving American jobs thanks to his
intervention. We went back to see what’s become of those announcements.
President Trump has made many claims promising that individual companies such as
Amazon, Alibaba and Boeing will hire large – and specific – numbers of American
workers, a total of 2.4 million in all.
https://projects.propublica.org/graphics/trump-job-promises
January 30: As President Donald Trump
prepares to address the State of the Union for the first time since assuming
office, his pro-business agenda and victories are expected to take center stage.
From economic growth and job creation, to the surging stock market, business has
boomed in America over the past year; spurred in large part by expectations –
and the resulting fulfillment – of a longstanding promise to overhaul the U.S.
tax code.
Here’s a look at what has changed since the president was inaugurated one year
ago:
http://www.foxbusiness.com/markets/2018/01/30/trumps-economy-state-growth-jobs-and-stocks.html
February 2: The U.S. economy added 200,000
jobs in January, and wages grew at the fastest pace in eight years.
... experts say wages had to rise at some point as the country kept adding jobs
and unemployment stayed low.
In a tight job market, there are more jobs available than there are workers to
fill them. That forces employers to offer higher pay to attract and keep
workers.
http://money.cnn.com/2018/02/02/news/economy/january-jobs-report-2018/index.html
February 9:
At about 8:40 a.m. Friday, President Donald Trump tweeted that he "just signed
[spending] Bill. Our Military will now be stronger than ever before. We love and need our
Military and gave them everything — and more. First time this has happened in a
long time. Also means JOBS, JOBS, JOBS!"
https://www.politico.com/story/2018/02/08/congress-massive-budget-deal-2018-398189
February 13: 3 Trump properties posted 144
openings for seasonal jobs. Only one went to a US worker.
“America First” doesn’t seem to apply to the president’s own businesses.
https://www.vox.com/2018/2/13/16466542/trump-h-2b-guest-workers
March 9:
U.S. economy gained 313,000 jobs
last month, surpassing expectations
Monthly data released Friday morning by the Bureau of Labor Statistics showed
that for the fifth straight month, unemployment held at a steady rate of 4.1
percent, still the lowest level in 17 years.
The only black cloud was wage growth, which was up just 0.1 percent.
https://www.nbcnews.com/business/economy/economy-added-more-jobs-last-month-any-time-1983-n855136
March 15: Toys "R" Us closing leaves
workers, customers hanging
https://www.cbsnews.com/news/toys-r-us-closing-messy-ending-leaves-workers-customers-hanging/
March 15: Without Toys R Us, 30,000 jobs, a
black hole for toy makers
http://www.wral.com/toys-r-us-downfall-to-have-impact-on-toy-makers-to-landlords/17418195/
March 17: Toys R Us closing all U.S. stores
... There is a chance that the stores could be sold.
http://www.wral.com/toys-r-us-closing-all-u-s-stores/17418380/
May 17:
Here's How America's Biggest
Companies Are Spending Their Trump Tax Cuts (It's Not on New Jobs)
http://time.com/money/5267940/companies-spending-trump-tax-cuts-stock-buybacks/
May 24: Supreme Court Deals Blow to Workers’
Rights in 5-4 Decision Against Collective Action
https://www.democracynow.org/2018/5/23/supreme_court_deals_blow_to_workers
May 31: Immigrants helped found more than
half of the U.S.'s 87 startup companies valued at more than a billion dollars in
2016, according to a study by the National Foundation for American Policy, with
the 11 biggest of those companies employing more than 17,000 people.
The Trump administration
recently proposed to cancel an Obama-era visa aimed at helping foreign
entrepreneurs start new businesses in the U.S. The president and other advocates
for cutting immigration levels argue that immigrants are taking jobs from U.S.
workers, but in many instances, immigrants not only contribute to the U.S.
economy, but create more jobs for Americans.
https://www.axios.com/immigrant-founders-billion-dollar-companies-15277776-206bb073-2f74-4c14-94c9-841e4d12b1ed.html
May 31: Sears Holdings Corp., which controls
Sears and Kmart, says it has "identified approximately 100 non-profitable
stores, 72 of which will begin store closing sales in the near future," in the
latest sign of the retailer's struggles to stay afloat.
The figure represents about 8 percent of Sears' remaining stores. Sears Holdings
announced the
closures in its quarterly results released on Thursday, in which it reported
total revenues of approximately $2.9 billion — down from $4.2 billion in the
same quarter a year ago.
https://www.npr.org/sections/thetwo-way/2018/05/31/615741603/sears-will-close-72-more-stores-after-quarterly-drop-in-sales-of-nearly-12-perce
June 1:
With a gain of 223000
jobs and unemployment at its lowest point
since 2000, the trends ... It was the 92nd
consecutive month of job creation [7.6 years
of growth, from 2011 to 2018)
https://www.nytimes.com/2018/06/01/business/economy/jobs-report.html
June 20: Starbucks Announces Plans To Close
150 Underperforming Stores ... No word yet on how many workers will lose their
jobs when the stores close.
The world’s largest coffee chain is facing competition both from upscale coffee
houses and lower-priced fast-food chains like McDonald’s Corp and Dunkin’
Donuts.
It has missed analysts’ estimates for same-store sales in the U.S.-dominated
Americas region in five of the last six quarters.
https://www.huffingtonpost.com/entry/starbucks-closing-150-stores_us_5b29d549e4b05d6c16c8c202
June 25: Harley-Davidson will move some
production out of US after retaliatory tariffs
Harley-Davidson's move is some of the most direct evidence yet that tit-for-tat
trade fights between the United States and other countries have consequences for
American companies. Harley-Davidson said it stood to lose as much as $100
million a year.
The company did not say whether any jobs are at risk. Harley-Davidson, based in
Milwaukee, employs more than 6,000 people globally. Spokesperson Michael
Pflughoeft said the company was "assessing the potential impact" on jobs.
It makes most of its motorcycles in the United States, at plants in Wisconsin,
Pennsylvania, and Missouri.
Europe is its second-largest market behind the United States. In 2017, nearly
40,000 European customers bought new Harleys, compared with about 148,000 in the
United States.
http://money.cnn.com/2018/06/25/news/companies/harley-davidson-motorcycles-tariffs-trump/index.html
June 26: Trump threatens Harley-Davidson: If
it moves operations overseas, 'they will be taxed like never before!'
https://www.cnbc.com/2018/06/26/trump-says-harley-davidson-using-trade-tensions-as-an-excuse.html
May 15:
The Last Shift: What Really Happened To Those Carrier Jobs Trump Saved
There are still jobs at the fan-coil assembly plant in Indianapolis. The workers
who survived the layoffs, the senior-most members of Carrier’s Indianapolis
assembly process, are there. These are the jobs President Trump
claims to have saved. About 700. “There were five production lines there
before the announcement,” the local union head says. “There are three now.”
https://www.popularmechanics.com/technology/infrastructure/a20066498/carrier-factory-donald-trump-jobs/
May 22: Employers can restrict workers’
ability to band together to pursue legal claims on matters such as wages,
age discrimination, sexual harassment and other workplace issues, the
Supreme Court ruled Monday.
In the 5-4 decision, the court said private-sector workers can be required to
settle disputes against their company one-on-one through arbitration. This is a
blow to workers’ rights, advocates say, because employees often need to join
together to file expensive lawsuits and win meaningful awards.
https://www.aarp.org/politics-society/government-elections/info-2018/supreme-court-class-action.html?cmp=SL-DSO-OUTBRAIN-DESK-POLITICS-POL-ELECTION-POLRTG-MIXED-CPC-RTG_New+Supreme+Court+Ruling+Is+Bad+News+for+Class+Action+Suits_00e1f9df2f8721ff308d9592ade6027cad_Fox+News+US
June 1: President Trump on Friday shattered
several decades of protocol — and possibly violated a federal directive — by
hinting strongly that the monthly U.S. jobs report would be a rosy one 69
minutes before its release.
https://www.washingtonpost.com/
June 1: With a gain
of 223000 jobs and unemployment at its lowest point since 2000, the
trends ... It was the 92nd consecutive month of job creation
[7.6 years of growth, from 2011 to 2018)
https://www.nytimes.com/2018/06/01/business/economy/jobs-report.html
July 6: Trump Scoreboard still showing
better numbers on jobs than wages as total hiring tops 3 million for the
presidency
But wage growth, as measured by the 12-month change in average hourly earnings
for production and nonsupervisory workers, is still mediocre. After 2.7% growth
in June, median wage growth for his presidency stands at 2.4% — slower than the
3-plus percent gains during the presidencies of George W. Bush and Bill Clinton.
https://www.marketwatch.com/story/trump-scoreboard-still-showing-better-numbers-on-jobs-than-wages-as-total-hiring-tops-2-million-for-the-presidency-2018-07-06
July 20:
Democrats Denounce
Ivanka Trump For Hypocrisy After She Touts American Jobs
“Faux feminist” first daughter champions U.S. workers, but her products are made
exclusively overseas.
https://www.huffingtonpost.com/entry/ivanka-trump-american-jobs_us_5b525ab1e4b0b15aba8ee190
July 23:
Trump's tariff war could devastate Detroit
If the full-size pickup segment were to open up with the ending of the 'chicken
tax,' it could wipe out earnings at Ford, GM, and Fiat Chrysler.
Industry officials
have long warned that tariffs could add thousands of dollars to the cost of
a new car, truck or crossover and, at a time when the U.S. vehicle market is
already softening, lead to a sharp downturn in sales — and American jobs.
But some experts are now warning that the tariff war could backfire in an even
bigger way, potentially costing Detroit’s Big Three their dominance in the
profitable full-size pickup market.
https://www.nbcnews.com/business/autos/trump-s-tariff-war-could-devastate-detroit-n892781
July 24:
Ivanka Trump is
shuttering her clothing line in order to focus on her role as senior adviser in
her father's White House, the company announced Tuesday.
The closure of Ms. Trump's business, which was first reported by the
The Wall Street Journal, will reduce its entanglements in
President Donald Trump's "America First" agenda and protectionist trade
practices. According to a report, workers at one of the Chinese factories of
Ivanka Trump's clothing line were
paid $62 a week. Her business employs 18 people.
But in 2017 as
anti-Trump backlash began to grow over connection to her father's divisive and
controversial policies, retailers began distancing themselves from the Trump
line
https://www.nbcnews.com/business/consumer/ivanka-trump-closing-down-her-fashion-business-citing-conflict-white-n894141
July 24: New York Daily News cuts half of
its staff
The New York Daily News announced on Monday plans to eliminate half of its
newsroom as part of a broader effort to refocus the newspaper.
The Daily News, once the country's largest-circulation newspaper, has been among
the most aggressive New York City publications in its coverage of President
Donald Trump, with the newspaper's cover often needling Trump about recent
scandals or missteps.
https://www.nbcnews.com/business/business-news/new-york-daily-news-cuts-half-its-staff-n893631
July 27: Advocates warn of cover-up as Trump
moves to scrap worker-safety rule
The administration has moved to roll back an Obama-era requirement that big
employers submit info about workplace injuries to the government.
The Department of Labor said the original rule threatened workers' privacy, as
detailed data about individual incidents could be subject to Freedom of
Information Act requests. The proposed changes would "better protect personally
identifiable information or data," while reducing the burden on employers, it
said in a press release.
The proposal drew sharp criticism from public health advocates and former Labor
Department officials who developed the rule.
https://www.nbcnews.com/politics/white-house/advocates-warn-coverup-trump-moves-scrap-worker-safety-rule-n895416
August 30: President Trump on Thursday
headed off a potential substantial raise for federal workers in the event of a
congressional budget deadlock, repeating his call for lawmakers to freeze the
salaries of 2 million federal employees in 2019.
The House has passed legislation making no mention of a raise, effectively
endorsing the freeze that Trump originally proposed in February. The Senate has
passed a competing measure allowing a 1.9 percent increase, a dispute that adds
another sticking point to already delicate budget talks on Capitol Hill.
https://www.washingtonpost.com/politics/trump-seeks-to-freeze-pay-in-2019-for-federal-workers/2018/08/30/b00be5cc-ac78-11e8-a8d7-0f63ab8b1370_story.html?utm_term=.ad72f3250723
September 9: ... hourly earnings went up by
an average of 10 cents last month.
The economy added a total of 201,000 jobs in August, keeping the topline
unemployment rate steady at 3.9 percent, even though the last two months’ worth
of job gains were revised down by 50,000 jobs.
Other sources confirmed that the labor market still has momentum. Payroll
processor ADP reported that 163,000 private-sector jobs were added in August — a
drop from the 219,000 added in July — with mid-sized businesses responsible for
the lion’s share of the growth.
https://www.nbcnews.com/business/economy/unemployment-so-low-companies-have-poach-means-higher-salaries-n907556
September 20: Alibaba
Backpedals On Promise To Bring 1 Million Jobs To U.S., Blames Trump Tariff War
Company chairman Jack Ma said the commitment had been predicated on a “friendly
U.S.-China partnership.”
https://www.huffingtonpost.com/entry/alibaba-jobs-jack-ma-trump-tariff-war-china_us_5ba336c0e4b069d5f9cfda9a
October 15: Sears Holdings plans to close another 142
unprofitable stores, as part of its
Chapter 11 bankruptcy, on top of 46 store closings announced in August.
Liquidation
sales at the additional stores are expected to begin within two weeks,
according to a court filing.
"As we look toward the holiday season, Sears and Kmart stores remain open for
business and our dedicated associates look forward to serving our members and
customers," Sears chairman Eddie Lampert said in a statement.
The company has 687 stores remaining, including Kmart locations.
https://www.usatoday.com/story/money/2018/10/15/sears-holdings-bankruptcy-store-closures/1645971002/
November 26: The number of farms filing for
bankruptcy is increasing across the Upper Midwest.
A new analysis from the Federal Reserve Bank of Minneapolis shows 84 farms filed
for bankruptcy in Wisconsin, Minnesota, North Dakota, South Dakota and Montana
in the 12 months that ended in June. That’s more than double the number over the
same period in 2013 and 2014.
The Star Tribune
reports the increase in Chapter 12 filings reflect low prices for corn,
soybeans, milk and beef. The situation has gotten worse for farmers since June
because of the retaliatory tariffs that have closed the Chinese market for
soybeans and held back exports of milk and beef. Chapter 12 bankruptcy allows
for repayment of debt over three years.
https://minnesota.cbslocal.com/2018/11/26/farm-bankruptcies-on-rise-in-midwest/
November 26: GM to slash over 14,000 jobs
from North American workforce
The reduction could include the closing of up to five domestic plants.
In the most far-reaching shake-up since the company emerged from bankruptcy more
than eight years ago, General Motors will shutter three North American assembly
plants and two other facilities, while also eliminating 15 percent of its
salaried and salaried contract workforce, moves that together will cost an
estimated 14,700 jobs.
The cuts are part of a plan to adapt to changing market demands favoring
SUVs over sedans and coupes, while also shifting focus to the electrified and
self-driving vehicles GM sees as central to the industry’s future.
https://www.nbcnews.com/news/us-news/gm-slash-over-14-000-jobs-north-american-workforce-n940091
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