Paul Kersey is director of
labor policy at the Illinois Policy Institute.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from
labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or
at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government
policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Market - watchers will get another opportunity to suss out clues later this week when Fed chairwoman Janet Yellen makes her planned speech
at the annual Jackson Hole monetary
policy symposium, where this year's theme, appropriately, focuses on the
labor market.
«The electoral advantages of anti-immigrant politics will only shrink over time, suggesting that Republicans should
at some point — perhaps before the next presidential election — begin to embrace comprehensive immigration reform,» says Mark Price, a
labor economist
at the Keystone Research Center, a nonpartisan economic
policy think tank in Harrisburg, Pennsylvania.
His colleague
at the ILO, Ekkehard Ernst, who heads the Employment Trends Unit
at the ILO Research Department and was the main author of the report, agreed it was «imperative» that «active
labor market
policies be implemented more forcefully to address inactivity and skills mismatch.»
This reality, combined with the fact that just 10 % of the
labor force is now employed in manufacturing, means that there is plenty of electoral support for
policies aimed
at increasing trade.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended
at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and
labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade
policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade
policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or
at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Joseph Blasi is the J. Robert Beyster Distinguished Professor
at Rutgers University's School of Management and
Labor Relations and author of book, The Citizen's Share and the Third Way think tank
policy report, Having a Stake.
«In the presence of uncertainty and the absence of accelerating inflationary pressures, it would be unwise for
policy to foreclose on the possibility of making further gains in the
labor market,» she said, adding that «disinflation pressure and weak demand from abroad will likely weigh on the U.S. outlook for some time, and fragility in global markets could again pose risks here
at home.»
Conservative politicians and hawkish economists have
at times criticized the Fed's «full employment» mandate in large part because the main monetary
policy tool, the short - term interest rate, has only an indirect effect on the
labor market.
In stepped Heidi Shierholz, a former
Labor Wage and Hour staffer who is now senior economist and director of
policy at the left - leaning Economic Policy Inst
policy at the left - leaning Economic
Policy Inst
Policy Institute.
«Boeing and Airbus are catching up with the rest of manufacturing,» said Robert Reich, a professor of public
policy at the University of California
at Berkeley and former
labor secretary in the Clinton Administration.
Robert Reich, a former U.S. Secretary of
Labor, is professor of public
policy at the University of California
at Berkeley and the author of «Beyond Outrage,» now available in paperback.
Robert Reich is the former U.S. Secretary of
Labor and a professor of public
policy at the University of California
at Berkeley.
Robert Reich, former U.S. secretary of
labor, is professor of public
policy at the University of California
at Berkeley and the author of «Aftershock: The Next Economy and America's Future.»
«There are franchise operations in a wide array of locations,» said Marc D. Freedman, executive director of
labor law
policy at the U.S. Chamber of Commerce.
While a tight
labor market provides definite advantages — such as employment opportunities for workers who have struggled to find a job — nonetheless, providing too much stimulus from either monetary or fiscal
policy at this stage of the economic cycle could threaten to create a so - called «boom and bust» economy, which policymakers certainly want to avoid.
Broker - dealers should be «nervous» if they don't have
policies and procedures in place before the Department of
Labor fiduciary rule's first deadline hits next April, Timothy Hauser, one of the chief architects of the rule, said Tuesday
at a Financial Industry Regulatory Authority conference in Washington.
Prior to joining the Obama administration, Bernstein was a senior economist and the director of the Living Standards Program
at the Economic
Policy Institute, and between 1995 and 1996, he held the post of Deputy Chief Economist
at the U.S. Department of
Labor.
Jeremy Bird is a founding partner
at 270 Strategies and a longtime grassroots organizer with broad experience across domestic and international politics,
labor, and
policy.
«We are in a
labor market where more and more emphasis is placed on cognitive skills and education - based skills, the changing economy,» explains Harry Holzer, a
labor economist who is a professor of public
policy at Georgetown University.
«For the Fed, the underlying momentum is more important in terms of
policy decisions, and that looks to be strong, supported by a tightening
labor market, rising incomes and high consumer confidence,» Gregory Daco, head of U.S. macroeconomics
at Oxford Economics, told Reuters.
When the U-3 unemployment rate suggested that the economy was approaching full employment, Chair Yellen held her ground and directed market participants to look
at broader economic indicators for signs of
labor market slack (please see: Yellen's opposition to following «simple monetary
policy rules»).
Every
policy tool available will be thrown
at the
labor markets, up to and including possibly the creation of New Deal - style make - work agencies.
From a
labor market perspective, we think it is hard to justify maintaining interest rates
at zero or to pursue a negative - interest rate
policy in the United States.
The statement repeated that «with further gradual adjustments in the stance of monetary
policy, economic activity will expand
at a moderate pace in the medium term and
labor market conditions will remain strong.»
You must be mistaken... why, the conservatives HAD to be
at the forefront of assuring the rights of freed slaves, ending the deliberate government
policy of destroying native cultures, extending the vote to ex-slaves and women, ending child
labor, creating safer and better working conditions for laborers, etc?
Perusing the index of Origins, the weekly publication of representative documents and speeches compiled by Catholic News Service, our imaginary historian will note, for example, the following initiatives undertaken
at the national, diocesan and parish levels in 1994 - 95: providing alternatives to abortion; staffing adoption agencies; conducting adult education courses; addressing African American Catholics» pastoral needs; funding programs to prevent alcohol abuse; implementing a new
policy on altar servers and guidelines for the Anointing of the Sick; lobbying for arms control; eliminating asbestos in public housing; supporting the activities of the Association of Catholic Colleges and Universities (227 strong); challenging atheism in American society; establishing base communities (also known as small faith communities); providing aid to war victims in Bosnia; conducting Catholic research in bioethics; publicizing the new Catechism of the Catholic Church; battling child abuse; strengthening the relationship between church and
labor unions; and deepening the structures and expressions of collegiality in the local and diocesan church.
Unlike the
labor movement
at its height, this
policy initiative poses no threat to the structures of power in our society.
Prior to joining the Department of
Labor, Ms. Sasser worked on a series of economic and legal reform projects
at the IRIS Center
at the University of Maryland and also worked
at the World Bank designing and conducting
policy and country level evaluations in the Operations Evaluation Department.
Labor has long recognised that effective competition
policy is
at the heart of productivity and a well - functioning economy.
In conclusion,
Labor has long recognised that an effective competition
policy is
at the heart of a well functioning economy, but it's also
at the heart of a fair society that protects the interests of consumers over rent - seeking monopolists.
But
Labor at all levels will be blaming the lack of jobs growth on the Coalition's «hardline»
policies, arguing that greater financial subsidies to various companies are vital to stop a rise in unemployment.
Rudd's comments
at the final debate come just two weeks after he suggested the simplification of foreign investment rules to assist
Labor's northern Australia
policy.
For those who might wonder, the main difference between having a doula and having a relative or friend with you while you
labor is that while your loved ones can share their experiences based on a handful (
at most) births, most doulas have assisted
at dozens or more births (many have assisted hundreds,) know hospital
policies, often know the hospital staff, and are professionals.
He also served in numerous positions
at the U.S. Department of
Labor, culminating as Chief of Staff in the Employment Standards Administration where he coordinated legislative, regulatory, communications, and
policy development.
And honestly, if they can't afford a hospital birth, chances are they can't afford a homebirth midwife — who are generally not cheap, who will not generally make payment arrangements (or rather, will not make the same type hospitals make, payable after the fact and in small monthly increments for years; midwife payment arrangements tend to be along the lines of «Half the fee
at the first appointment, and the other half a month or two later»), and who will not deliver a baby without having been paid in full prior to onset of
labor (I don't have a statistic, but it seems most midwives have this particular payment
policy, and payment is non-refundable).
Amy TraubAmy Traub, director of research
at the Drum Major Institute for Public
Policy, has written about
labor and workplace issues for numerous publications.
Today, tipped wage workers join advocates,
labor leaders, and
policy experts to testify
at the second of seven NYS Department...
We should be looking
at a new top rate for the billionaires or those making $ 100 million, According to Ron Deutsch, executive director of the
labor - backed Fiscal
Policy... (read more)
«Protecting the rights of New York City's working families is a top priority of the de Blasio Administration and is the central focus of the recently - announced Office of
Labor Policy and Standards
at the Department of Consumer Affairs,» said a spokeswoman for the mayor.
At 8 a.m., City & State holds a «Changing the Minimum Wage» forum where speakers will include Senate
Labor Committee Chair Sen. Jack Martins, and Empire Center for Public
Policy President E.J. McMahon, New York Law School, 185 West Broadway, Manhattan.
Frank Mauro of the Fiscal
Policy Institute joined with community, student and
labor groups
at a press conference in the Legislative Office Building in Albany to urge the Legislature to reject the Governor's ill - conceived Tax - Free NY proposal.
At 1 p.m., NY Renews, a coalition of community organizations, environmental justice groups,
labor unions, faith groups, business leaders, and other advocates fighting for equitable climate
policies, holds a telephone press conference to call on Cuomo to step up as a leader for communities hurt most by climate change.
But these very same
policies came
at a political cost to Cuomo within his own party, angering public sector
labor unions and progressives who labeled him «Governor One Percent» and protested him during the 2011 Occupy demonstrations in New York City and Albany.
«Historically, if we look
at the number of subsidies we've already provided to G.E. over the years to locate or continue their employment in New York, they've certainly cut an awful lot of jobs,» said Ron Deutsch, executive director of the Fiscal
Policy Institute, a
labor - backed think tank.
CEJ is a non-profit based in the city of Buffalo that unites
labor and community - based organizations to win needed
policy changes related to economic development, corporate accountability and workers» rights
at the local and state level.
In March, a subsidiary of Related Companies filed a lawsuit against Building and Construction Trades Council of Greater New York and its president, Gary LaBarbera, alleging that the union's
labor policies drove up costs
at Hudson Yards by more than $ 100 million.
«We should be looking
at a new top rate for the billionaires or those making $ 100 million,» said Ron Deutsch, executive director of the
labor - backed Fiscal
Policy Institute.
«It is increasingly important to look
at long - run outcomes of educational
policies, including impacts on educational attainment and
labor market outcomes, rather than just focus on test scores.