Category : Labor/Labor Unions/Labor Market

(NPR) Heroes Of The Taj Hotel: Why They Risked Their Lives

Often during a crisis, a single hero or small group of heroes who take action and risk their lives will emerge. But what happened at the Taj was much broader.

During the crisis, dozens of workers ”” waiters and busboys, and room cleaners who knew back exits and paths through the hotel ”” chose to stay in a building under siege until their customers were safe. They were the very model of ethical, selfless behavior.

What could possibly explain it?

Read (or better listen to) it all (another from the long queue of should-have-already-been-posted material).

Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, Asia, Corporations/Corporate Life, Death / Burial / Funerals, Economy, Ethics / Moral Theology, India, Labor/Labor Unions/Labor Market, Parish Ministry, Psychology, Terrorism, Theology

(USA Today) America's long-term jobless still struggling

“Every day is a struggle,” …[J.R. Childress] says in a soft drawl. “The struggle is the unknown. You’ve worked your way up the ladder and you get to a point in life and a position in work where you’re comfortable ”¦ then all of a sudden everything goes away. It’s like being thrown into a hole and you’re climbing to get up, but it’s greased. There’s no way of getting out.”

The frustrations of one 53-year-old North Carolina man are multiplied millions of times over across time zones and generations in a country still gripped by economic anxiety, despite increasing signs of recovery. And they resound in a presidential campaign pitting an incumbent defending his economic record against GOP opponents who are attacking it.

Read it all.

Posted in * Economics, Politics, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--

(NPR) Helicopter Parents Hover In The Workplace

With millennial children now in their 20s, more helicopter parents are showing up in the workplace, sometimes even phoning human resources managers to advocate on their child’s behalf.

Megan Huffnagle, a former human resources manager at a Denver theme park, recalls being shocked several years ago when she received a call from a young job applicant’s mother.

“An employee was hired as an IT intern, and the parent called and proceeded to tell me how talented her son was, and how he deserved much more [compensation], and that he could make much more money outside of this position,” Huffnagle says.

Read (or better listen to) it all.

Posted in * Culture-Watch, * Economics, Politics, Children, Economy, Labor/Labor Unions/Labor Market, Marriage & Family, Psychology, Young Adults

Kendall Harmon–The Case for Perspective on Employment/The Labor Market–Watch U-6 Carefully

The U6 unemployment rate tabulates not only people without work who are seeking full-time employment but also counts “marginally attached workers and those working part-time for economic reasons.”

Now, study this graph of U-6 at the top and look carefully at the other numbers. What do you see? Seasonally adjusted U-6 unemployment is now [for January 2012] at 15.1%. In January 2011 it was 16.1% and in January 2010 it was 16.7%.

Good news–we are moving the right direction. But bad news–to get back even to 2007 levels [in the 8% range] there is a LONG, LONG way to go!

Those of you who are data hounds (like yours truly) will appreciate the table here–KSH.

Posted in * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The U.S. Government

U.S. Jobless Rate Falls to 8.3 Percent, a 3-Year Low

The front wheels have lifted off the runway. Now, Americans are waiting to see if the economy can truly get aloft.

With the government reporting that the unemployment rate and the number of jobless fell in January to their lowest levels since early 2009, the recovery seems to finally be reaching American workers.

The Labor Department’s latest snapshot of the job market, released on Friday, makes clear that employers have been hiring more in recent months, with 243,000 net new jobs in January. The unemployment rate now stands at 8.3 percent, down from 8.5 percent a month earlier and 9.1 percent as recently as last August.

Read it all.

Posted in * Economics, Politics, Economy, Labor/Labor Unions/Labor Market

(Washington Post) Long-term factors Weigh on Middle Class

While he has addressed the issue throughout his presidency, [President] Obama began late last year to shower even more attention on the importance of lifting middle-class wages. In the days after his address to Congress, he traveled the country to make arguments in favor of new investments in manufacturing, energy and college affordability.

But it is not clear that the measures ”” or any others ”” could compensate for the factors behind the decline of the middle class, including the rise of nations with abundant cheap labor and the development of new technologies that allow companies to operate with far fewer workers. Nor is it clear that the bruised American economy of 2012, with a growing population of retiring workers to support, can sustain a prospering middle class.

“There has been an avalanche of developments that have played out in the last 30 years or so that make it a huge challenge to think about real increases in wages and therefore a sustained rise in incomes,” said Lane Kenworthy, a sociologist at the University of Arizona. “I think, in truth, a lot of people are at a loss for what exactly can be done.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Corporations/Corporate Life, Economy, History, House of Representatives, Labor/Labor Unions/Labor Market, Office of the President, Personal Finance, Politics in General, President Barack Obama, Senate, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--

(McClatchy) F-35 story shows why it's so hard to cut a federal program

Conceived in the heady post-Cold War 1990s, the futuristic fifth-generation [F-35] jet fighter was to be a technological marvel built in a rush and paid for with “peace dividend” dollars.

But now with the economic crash, the fighter is billions over budget and years behind schedule.

Here’s part of the problem: axing the F-35 would eliminate tens of thousands of jobs in 47 states. Few members of Congress are willing to go along.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Budget, Defense, National Security, Military, Economy, House of Representatives, Labor/Labor Unions/Labor Market, Office of the President, Politics in General, Science & Technology, Senate, The National Deficit, The U.S. Government

U.S. workers fight loophole switch to uninsured church pension plans

Mary Rich worked for a hospital in northern New Jersey for 25 years, first as a registered nurse and later as an executive. One of the job’s benefits was a traditional pension that she expected to receive at retirement. Now that benefit seems unlikely to be around by the time she retires.

Rich’s financially troubled former employer, the Hospital Center at Orange (HCO), shut down in 2004. The pension plan currently has $5.25 million in assets, which are being distributed at the rate of $2.7 million per year. By the time Rich reaches retirement 12 years from now, the money will be gone.

Under normal conditions, a pension plan such as HCO’s would have been back-stopped by the Pension Benefit Guarantee Corporation, the federally sponsored agency that insures most private sector pension plans. When plans go belly up, PBGC takes them over and continues to make payments; most participants receive 100 percent of promised benefits. But HCO’s case wasn’t typical. A year before it closed, HCO had declared itself to be a “church plan” ”“ meaning that it was claiming an exemption to federal pension law and PBGC coverage.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Law & Legal Issues, Pensions, Personal Finance, Religion & Culture

(Economist) China's Paradox of Prosperity

[A]..mix of political control and market reform has yielded huge benefits. China’s rise over the past two decades has been more impressive than any burst of economic development ever. Annual economic growth has averaged 10% a year and 440m Chinese have lifted themselves out of poverty””the biggest reduction of poverty in history.

Yet for China’s rise to continue, the model cannot remain the same. That’s because China, and the world, are changing.

China is weathering the global crisis well. But to sustain a high growth rate, the economy needs to shift away from investment and exports towards domestic consumption. That transition depends on a fairer division of the spoils of growth. At present, China’s banks shovel workers’ savings into state-owned enterprises, depriving workers of spending power and private companies of capital. As a result, just when some of the other ingredients of China’s boom, such as cheap land and labour, are becoming scarcer, the government is wasting capital on a vast scale. Freeing up the financial system would give consumers more spending power and improve the allocation of capital.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Asia, China, Consumer/consumer spending, Corporations/Corporate Life, Economy, Foreign Relations, History, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Politics in General

([London] Times) Jobless record shows European dream has forsaken the young

It wasn’t supposed to be like this. After six decades of peace, Europe should be basking in a golden age of prosperity. Instead its young are being ravaged by unemployment, with a record 5.6 million under-25s out of work.

Just over a million of the young unemployed are in Britain, the worst level in the country since figures began to be collected by Eurostat, the EU statistics agency, in 1983.

Bleak as Britain’s young jobless rate of 22.3 per cent is, the picture is far worse in eurozone countries enforcing deep austerity measures. As Spain’s jobless count broke the 5 million barrier yesterday, unemployment for those aged 16 to 24 was put at 51.4 per cent, meaning that for the first time in a modern European country a majority of the young are out of work.

In Greece the young jobless figure is 46.6 per cent, and in Portugal 30.7 per cent, according to Eurostat.

Read it all (requires subscription).

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, --European Sovereign Debt Crisis of 2010, Corporations/Corporate Life, Economy, England / UK, Europe, Labor/Labor Unions/Labor Market, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, Young Adults

(Anglican Ink) Government backs down in face of Nigeria’s general strike

The Bishop of Lagos has called upon the President of Nigeria to convene an all-party, all-ethnic congress to negotiate the future of the West African nation in the wake of a week-long general strike that followed the government’s lifting of price controls on fuel.

On 16 January 2012 President Goodluck Jonathan capitulated to union demands and partially restored the state-subsidy on fuel. The week of civil strike saw the military deployed in the streets of Lagos and most major cities.

President Jonathan conceded that the “government appreciates that the implementation of the deregulation policy would cause initial hardships” and agreed to subsidize the price of fuel.

Read it all.

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Africa, Anglican Provinces, Church of Nigeria, Defense, National Security, Military, Economy, Labor/Labor Unions/Labor Market, Law & Legal Issues, Nigeria, Politics in General, Religion & Culture, Terrorism

Thomas Friedman–Average Is Over

In the past, workers with average skills, doing an average job, could earn an average lifestyle. But, today, average is officially over. Being average just won’t earn you what it used to. It can’t when so many more employers have so much more access to so much more above average cheap foreign labor, cheap robotics, cheap software, cheap automation and cheap genius. Therefore, everyone needs to find their extra ”” their unique value contribution that makes them stand out in whatever is their field of employment. Average is over.

Yes, new technology has been eating jobs forever, and always will. As they say, if horses could have voted, there never would have been cars. But there’s been an acceleration. As Davidson notes, “In the 10 years ending in 2009, [U.S.] factories shed workers so fast that they erased almost all the gains of the previous 70 years; roughly one out of every three manufacturing jobs ”” about 6 million in total ”” disappeared.”

And you ain’t seen nothin’ yet….

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Economy, Education, Globalization, History, Labor/Labor Unions/Labor Market, Science & Technology

(NY Times) The Federal Reserve Signals That a Full Recovery Is Years Away

The Federal Reserve said on Wednesday that it was likely to raise interest rates at the end of 2014, but not until then, adding another 18 months to the expected duration of its most basic and longest-running response to the financial crisis.

The announcement means that the Fed does not expect the economy to complete its recovery from the 2008 crisis over the next three years. By holding short-term rates near zero beyond mid-2013, its previous estimate, the Fed hopes to hasten that process somewhat by reducing the cost of borrowing.

The Fed said in a statement that the economy had expanded “moderately” in recent weeks, but that unemployment remained at a high level, the housing sector remained in a deep depression, and the possibility of a new financial crisis in Europe continued to threaten the domestic economy.

Read it all.

Posted in * Economics, Politics, Consumer/consumer spending, Corporations/Corporate Life, Economy, Federal Reserve, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Politics in General, The Banking System/Sector, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The U.S. Government

(Archbishop Timothy Dolan) ObamaCare and Religious Freedom

Scarcely two weeks ago, in its Hosanna-Tabor decision upholding the right of churches to make ministerial hiring decisions, the Supreme Court unanimously and enthusiastically reaffirmed these longstanding and foundational principles of religious freedom. The court made clear that they include the right of religious institutions to control their internal affairs.

Yet the Obama administration has veered in the opposite direction. It has refused to exempt religious institutions that serve the common good””including Catholic schools, charities and hospitals””from its sweeping new health-care mandate that requires employers to purchase contraception, including abortion-producing drugs, and sterilization coverage for their employees.

Last August, when the administration first proposed this nationwide mandate for contraception and sterilization coverage, it also proposed a “religious employer” exemption. But this was so narrow that it would apply only to religious organizations engaged primarily in serving people of the same religion. As Catholic Charities USA’s president, the Rev. Larry Snyder, notes, even Jesus and His disciples would not qualify for the exemption in that case, because they were committed to serve those of other faiths.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * Religion News & Commentary, --The 2009 American Health Care Reform Debate, Corporations/Corporate Life, Economy, Health & Medicine, Labor/Labor Unions/Labor Market, Law & Legal Issues, Office of the President, Other Churches, Politics in General, President Barack Obama, Religion & Culture, Roman Catholic, The U.S. Government

(LA Times) Germany has the economic strengths America once boasted

Every summer, Volkmar and Vera Kruger spend three weeks vacationing in the south of France or at a cool getaway in Denmark. For the other three weeks of their annual vacation, they garden or travel a few hours away to root for their favorite team in Germany’s biggest soccer stadium.

The couple, in their early 50s, aren’t retired or well off. They live in a small Tudor-style house in this middle-class town about 30 miles northwest of Frankfurt. He’s a foreman at a glass factory; she works part time for a company that tracks inventories for retailers. Their combined income is a modest $40,000.

Yet the Krugers have a higher standard of living than many Americans who have twice that income.

Read it all.

Posted in * Economics, Politics, * International News & Commentary, America/U.S.A., Consumer/consumer spending, Corporations/Corporate Life, Economy, Europe, Germany, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Personal Finance, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--

(NPR) The Secret Document That [Financially] Transformed China

In 1978, the farmers in a small Chinese village called Xiaogang gathered in a mud hut to sign a secret contract. They thought it might get them executed. Instead, it wound up transforming China’s economy in ways that are still reverberating today.

The contract was so risky ”” and such a big deal ”” because it was created at the height of communism in China. Everyone worked on the village’s collective farm; there was no personal property.

“Back then, even one straw belonged to the group,” says Yen Jingchang, who was a farmer in Xiaogang in 1978. “No one owned anything.”

Read (or better listen to) it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Asia, China, Corporations/Corporate Life, Economy, History, Labor/Labor Unions/Labor Market

(CNS) Supreme Court Ruling over teacher's firing could have far-reaching implications

Some commentators have been quick to hail the ruling. It’s “the greatest Supreme Court religious liberty decision in decades,” opined the Becket Fund for Religious Liberty, which acted as co-counsel to Hosanna-Tabor.

On the other side, David Gibson, a columnist for Commonweal, observed in a post on the magazine’s blog that while the ruling “is clearly the right one,” celebration seems premature. Under the headline “High court: Religions are free to be jerks,” Gibson cautioned about how churches might exercise their protected right.

“How can churches be held to account?” he wrote. “This is a real difficulty, given that religious institutions behave just as badly as secular groups, and often worse. And that truly does hurt the witness of religious communities.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * Religion News & Commentary, Economy, Labor/Labor Unions/Labor Market, Law & Legal Issues, Other Churches, Religion & Culture, Roman Catholic

(Washington Post Editorial) Obama’s Keystone pipeline rejection is hard to accept

We almost hope this was a political call because, on the substance, there should be no question. Without the pipeline, Canada would still export its bitumen ”” with long-term trends in the global market, it’s far too valuable to keep in the ground ”” but it would go to China. And, as a State Department report found, U.S. refineries would still import low-quality crude ”” just from the Middle East. Stopping the pipeline, then, wouldn’t do anything to reduce global warming, but it would almost certainly require more oil to be transported across oceans in tankers.

Environmentalists and Nebraska politicians say that the route TransCanada proposed might threaten the state’s ecologically sensitive Sand Hills region. But TransCanada has been willing to tweak the route, in consultation with Nebraska officials, even though a government analysis last year concluded that the original one would have “limited adverse environmental impacts.” Surely the Obama administration didn’t have to declare the whole project contrary to the national interest ”” that’s the standard State was supposed to apply ”” and force the company to start all over again.

Read it all.

Posted in * Economics, Politics, * International News & Commentary, Canada, Economy, Energy, Natural Resources, Foreign Relations, House of Representatives, Labor/Labor Unions/Labor Market, Office of the President, Politics in General, President Barack Obama, Senate, The U.S. Government

(WSJ) Long-Term Unemployment Ripples Through One Georgia Town

Roswell, Georgia–The waiting list for subsidized housing here, just 40 families long a year ago, is up to 500. The number of children eligible for free or reduced lunch is up 50%. A little more than a year ago, the Methodist church began seminars for marriages strained by job losses.

Roswell is a pre-Civil War cotton mill town that grew into a wealthy bedroom community of Atlanta as the metro area prospered. More than half the city’s 88,000 residents have four-year college degrees. But Roswell sits in a region with an unusually severe case of long-term unemployment: About 40% of the unemployed in the Atlanta metro area in 2010, the most recent local data available, were out of work for a year or more versus the national average of 29%.

One of them is Marcy Bronner, 57 years old. When she lost her job at Pennzoil back in 2000, it took her seven months to find a new one at Quintiles, a bio- and pharmaceutical-services company….

Read it all.

Posted in * Culture-Watch, * Economics, Politics, City Government, Economy, Labor/Labor Unions/Labor Market, Politics in General, Rural/Town Life, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--

(NC Reporter) Seismic shifts reshape US Roman Catholicism

From Philadelphia to Newark, N.J., New York to Boston, Cleveland to Chicago to Detroit and beyond, the church of the immigrants is going the same route as the old industrial America of our forebears. The huge plants — churches, schools and parish halls — markers of another era, like the hulking steel mills and manufacturing plants of old, can no longer be sustained. There aren’t enough Catholics left in those places, not enough priests and nuns and certainly not enough money to maintain the church as it once was.

According to the Center for Applied Research in the Apostolate at Georgetown University in Washington, the church in the United States has lost 1,359 parishes during the past 10 years, or 7.1 percent of the national total, and most of those have been in the Northeast and the Upper Midwest.

“I’m developing a theory that one of our major challenges today is that American Catholic leadership is being strangled by trying to maintain the behemoth of the institutional Catholicism that we inherited from the 1940s and ’50s,” New York Archbishop Timothy Dolan told NCR’s John Allen in the recently released book-length interview A People of Hope.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, * Religion News & Commentary, America/U.S.A., Census/Census Data, Economy, Labor/Labor Unions/Labor Market, Other Churches, Religion & Culture, Roman Catholic, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The U.S. Government

RNS–Supreme Court Sides with Churches in Employment Fights

“The court hasn’t spoken this clearly on a church-state matter in almost 20 years,” said Rob Garnett, a law professor at the University of Notre Dame who wrote an amicus brief on the case in support of the Hosanna-Tabor Evangelical Lutheran Church and School.

“This is bedrock,” Garnett continued. “All the justices came together to say if religious freedom means anything, it means governments can’t interfere with religious institutions’ decisions on who is going to be their minister or teacher.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Law & Legal Issues, Religion & Culture

A New York Times Editorial on this week's Supreme Court Decision

Ms. [Cheryl] Perich spent most of her time teaching nonreligious subjects with about a sixth of her time on religion classes, so the United States Court of Appeals for the Sixth Circuit concluded that she was not a ministerial worker and that she could sue. In overturning that decision, the Supreme Court ruled that the question could not be “resolved by a stopwatch” and that Ms. Perich’s limited teaching about religion helped qualify her as a minister.

The court’s conception of the ministerial role is more encompassing than it has been defined by state and federal appellate courts. Its sweeping deference to churches does not serve them or society wisely.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Law & Legal Issues, Religion & Culture

Religious Groups Greet recent Supreme Court Ruling With Satisfaction

Among the more or less predictable reactions from legal adversaries to the Supreme Court’s finding that ministers may not bring employment discrimination suits against their churches, there is a pious sentiment to be found here and there ”” an appeal to an even higher law.

Even those who agreed with the unanimous court ”” and who have argued all along that the First Amendment provides an exception that lets churches, synagogues and other religious institutions hire and fire ministers and other religious leaders without government interference ”” can be heard cautioning the churches not to abuse that right.

Writing on the Web site of the Baptist Joint Committee for Religious Liberty, which had filed a brief urging the court to affirm the ministerial exception, Don Byrd, a blogger who teaches at a Christian university, said, “This particular case though can be a difficult one to think about for those of us who stand firmly against employment discrimination.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Law & Legal Issues, Religion & Culture

YouTube redefines TV with $ 100 million plan

R.J. Williams, host and founder of Young Hollywood…is betting most of his personal savings and free time that two things will make him a next-generation media titan: hard work and YouTube.

That bet goes both ways. Beginning this month, YouTube is gambling $100 million that by seeding professional production firms such as Young Hollywood — whose slate of YouTube-only programming premieres Monday — it will draw more eyeballs for longer viewing sessions.

Williams calls the online video giant’s move a “game-changer” and argues that the growing number of stars who sit on his white sofa — Cruz came to see Williams straight from Jay Leno’s Tonight Show couch — spotlights the emerging clout of Web-only shows.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Blogging & the Internet, Consumer/consumer spending, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market, Movies & Television, Science & Technology

(SMH) An Australian Article on the coming U.S. Presidential Election that is actually worth Reading

(“US election race baffles the punters” is the title SMH gives it)….

Assuming no imminent foreign policy crisis, the election will depend on two things: whether undecided voters blame the congressional Republicans more than the President for the state of the economy, and how many potential supporters the candidates can motivate to vote….

Voting for a president is also voting for a certain image of America, which explains the jubilation felt by so many when a young African-American with a radical past broke through conventional assumptions. Rekindling that excitement is difficult for Obama, but no one has claimed Romney is a charismatic candidate.

He will, however, be seen as safe, prepared for the job, and able to re-energise American business. Expect a Republican campaign that promises a more aggressive and dominant United States, and remember that American campaigns do not revolve around policy details in the way to which …[Australians] are accustomed.

Read it all.

Posted in * Economics, Politics, * International News & Commentary, America/U.S.A., Australia / NZ, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market, Office of the President, Politics in General, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--

In a unanimous Decision, the Supreme Court seeks to protect Churches Freedom

In what may be its most significant religious liberty decision in two decades, the Supreme Court on Wednesday for the first time recognized a “ministerial exception” to employment discrimination laws, saying that churches and other religious groups must be free to choose and dismiss their leaders without government interference.

“The interest of society in the enforcement of employment discrimination statutes is undoubtedly important,” Chief Justice John G. Roberts Jr. wrote in a decision that was surprising in both its sweep and its unanimity. “But so, too, is the interest of religious groups in choosing who will preach their beliefs, teach their faith and carry out their mission.”

The decision gave only limited guidance about how courts should decide who counts as a minister, saying the court was “reluctant to adopt a rigid formula.” Two concurring opinions offered contrasting proposals.

Read it all.

Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Law & Legal Issues, Parish Ministry, Religion & Culture

(NY Times on the Republican Primary) In South Carolina, Challenges Await on Ideology and Faith

A Republican Party whose more energetic precincts have been gripped throughout the Obama presidency by a desire to expel moderates and upend the establishment will have put itself in the hands of a candidate who, more than anyone in the race, comes out of a moderate, establishment Republican tradition.

But to get there ”” or get there without a protracted battle ”” he will have to fend off efforts by his rivals in South Carolina to emerge as the singular anti-Romney candidate.

With little left to lose, Newt Gingrich and Gov. Rick Perry of Texas are already assailing him as a heartless job killer in South Carolina, a state hit far harder by the economic downturn than Iowa and New Hampshire were.

But just fending off that attack may not be enough. He is also heading smack into an issue that has followed him through his national political career: his Mormon faith and the suspicion many evangelical Christians have of it.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * South Carolina, Economy, Labor/Labor Unions/Labor Market, Politics in General, Rural/Town Life, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, Urban/City Life and Issues

(WSJ) Unemployment Scars Likely to Last for Years

The U.S. job market is showing signs of a sustained recovery. But the country’s prolonged struggle with unemployment will leave scars that are likely to remain for years, if not generations.

The latest labor-market snapshot, out Friday, gave cause for continued, if tepid, optimism. U.S. employers added 200,000 jobs in December, and the unemployment rate ticked down to 8.5%, its lowest level since early 2009.

But economists gathered here [in Chicago] for the American Economic Association’s annual convention took a longer and generally dimmer view. Even if recent progress continues, the recession already has had a lasting effect on a generation of workers. Worse, the crisis has laid bare problems in the U.S. labor market that won’t quickly recover when the economy eventually rebounds. And the longer that unemployment remains high, the greater the risk that it will create structural problems that will endure.

Read it all.

Posted in * Economics, Politics, Economy, Labor/Labor Unions/Labor Market

A Great Video Piece on Portland, Maine's Communal Efforts to Help Creatively in Tough Times

Watch it all.

Posted in * Culture-Watch, * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Pastoral Theology, Theology, Urban/City Life and Issues

(WSJ) Lawmakers Reach Payroll-Tax Deal

Congressional leaders reached an agreement Thursday to temporarily extend a payroll-tax cut by two months and begin negotiations on a yearlong extension, aides said.

he agreement could end a political stalemate over the payroll-tax cut, which lowered Social Security taxes for 160 million Americans in 2011. Under the tentative agreement, the House will vote again on a two-month extension and the Senate will prepare to negotiate for an extension that will run through 2012.

Aides said House Speaker John Boehner (R, Ohio) has agreed to hold a new vote Friday on extending the tax cut, bowing to increasing pressure to end an impasse that threatened to leave workers with a tax increase next year.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Budget, Consumer/consumer spending, Economy, Health & Medicine, House of Representatives, Labor/Labor Unions/Labor Market, Medicare, Office of the President, Personal Finance, Politics in General, President Barack Obama, Senate, Social Security, Taxes, The National Deficit, The U.S. Government