National Economy
| Use attributes for filter ! | |
| Google books | books.google.com |
|---|---|
| Originally published | 1917 |
| Authors | Henry Higgs |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1963477 |
About National Economy
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. . . .
The deep rooted problem holding back the UK economy
... Ahead of the last general election, former Prime Minister Boris Johnson made a push to increase this to 3% of the size of the National Economy - the long term average...
UAW strike: Why are US car workers walking out?
... It comes at a time of broader labour unrest and casts a cloud of uncertainty over an industry that accounts for 3% of the National Economy...
The Australian climate protesters cast as extremists
... With an annual output of more than A$100bn (£52bn; $67bn), it powers the National Economy and is home to global mining giants, including Rio Tinto and BHP...
Greek elections: Rail tragedy hangs over vote dominated by dynasties
... " Despite the National Economy bouncing back, more than a third of Greeks say they can t pay their bills each month - the highest proportion in the European Union...
US midterms: Abortion, guns and crime - it's all on in Texas
... He blames a National Economy that is sputtering under high inflation on Democratic President Joe Biden s policies...
HS2 wins route-wide court injunction
... A High Court judge sitting at Birmingham s Civil Justice Centre, Mr Justice Julian Knowles, said the injunction struck " a fair balance between the rights of the individual protestors and the general right and interests of HS2 and others who are being affected by the protests, including the National Economy...
Freebies: The row over handouts and welfare schemes in India
... While hearing arguments in the case, Chief Justice Ramana said the court s main concern was that largesse " dressed as freebies should not bleed the National Economy dry"...
Rural areas held back by housing and infrastructure woes, report warns
... Calling it " one of the most comprehensive inquiries into the productivity of the rural economy" the co-chairman of the APPG, Lord Cameron of Dillington, said, " It is vital that government understands that rural Britain is not a museum, but instead is an important part of the National Economy that deserves the chance to succeed...
UAW strike: Why are US car workers walking out?
By Natalie ShermanBusiness reporter, New York
The United Auto Workers (UAW) union has declared a strike targeting Ford, General Motors and Stellantis, in a bid to put pressure on the carmakers to grant higher pay and make other improvements in new labour agreements.
It Comes at a time of broader labour unrest and casts a cloud of uncertainty over an industry that accounts for 3% of the National Economy .
US President Joe Biden has been forced to, which is playing out in states that have disproportionate importance in national elections.
What is the UAW?The UAW was founded in 1935 to represent workers at America's motor giants: Ford, GM and Chrysler - Now part of Stellantis.
It was a hugely powerful force in US politics after World War Two, at a time when those companies were The World 's pre-eminent car giants and manufacturing jobs in the motor industry were seen as a path to the Middle Class .
UAW membership peaked in 1979 at almost 1. 5 million.
Today, it represents More Than 400,000 active workers across a wide range of sectors, including hospitals and universities, including More Than 140,000 members who work at Ford, GM and Stellantis.
This is the First Strike in the UAW's 88-year history to target all Three companies - known as the Detroit Three - at once.
The Action is the brainchild of Shawn Fain, a fiery former electrician in the industry who was narrowly elected this spring promising a more transparent and combative approach to contract negotiations.
His win followed an embezzlement scandal at The Union .
Where is The Strike happening?The Work stoppage currently affects just Three factories, which together employ fewer than 13,000 workers.
They are:
The UAW has said it may switch its targets and widen The Action as talks proceed.
The Car companies have already warned about the ripple effects of the current shutdowns, including the temporary layoff of hundreds of other staff whose work depends on those factories.
The Three companies account for roughly 40% of car sales. These shutdowns affect a small fraction of their production.
But with inventories sitting at relatively low levels, analysts have warned that a prolonged stoppage could still lead to higher prices for buyers.
What are the UAW demands?The walkout after the expiration of 2019 Labour Contracts between The Union and Three companies on 14 September.
The Two Sides are negotiating over issues such as pay, days off and cost of living adjustments.
UAW president Shawn Fain has cast The Fight as part of a broader battle over economic justice and The Billionaire class.
The UAW opened negotiations seeking a 40% pay rise over the Four Years of The Contract .
The Union has rebuffed claims that the figure is outlandish, noting double-digit jumps in the pay packages for company bosses, a surge in profits - and money the companies have spent buying their own shares - as well as decades of declining pay power in the industry, including in recent years, when prices surged.
The Chief executives of all Three companies had pay packages Last Year worth More Than $20m.
The Fight also comes as the industry is investing heavily in electric vehicles. The Union is worried About That shift, since producing such cars requires fewer workers and currently involves non-union labour.
What is the latest update on the negotiations?GM boss Mary Barra said The Union 's initial demands amounted to $100bn in costs. Ford chief Jim Farley said they would drive his firm to bankruptcy.
The Car companies face fierce competition from the likes of Toyota and Tesla, which do not have unionised workforces and enjoy lower labour costs. The Detroit Three are also Under Pressure to spend heavily on electric vehicle investments.
The UAW reduced its pay demands to a 36% rise, but The Car companies maintain its requests are still too onerous. Their recent counter-offers include raises of roughly 20%.
Mr Fain has said The Strike will expand on Friday, a week after its start, unless The Talks make progress.
Former President Donald Trump , who is running for re-election, is reportedly planning A Trip to Detroit next week to address auto workers.
How long will this last?The Last time the UAW went on strike, against GM during 2019 negotiations, the walkout lasted Six Weeks .
The UAW has $825m on hand to support workers participating in The Strike , enough to last about two months with all members participating.
The decision to take targeted action is aimed at preserving that fund - and limiting The Pain felt by workers, who are eligible for $500 a week from The Union , less than typical wages.
Related TopicsSource of news: bbc.com