#U.S. labor market

[voidami]

This article delves into the concept of the reserve army of labor, primarily focusing on the U.S., while recognizing that these dynamics are part of a broader international capitalist system. It examines how economic inequality and politics are entrenched through the marginalization of not only the unemployed but also the underemployed, precariously employed, incarcerated individuals, Migration and the homeless. In the U.S., over 50 million people fall into these categories, kept on the fringes to maintain low wages and worker exploitation. The article concludes that true solidarity across national and economic lines is essential to challenge the capitalist structures perpetuating this reserve army of labor.

[abignewscom]

How Trump's Victory Could Affect the U.S. Economy

How Trump’s Victory Could Affect the U.S. Economy In the wake of Donald Trump’s recent election win over Democratic Vice President Kamala Harris, questions are emerging about how his economic policies might shape the future of the U.S. economy. With a Republican-led Senate and possible House control, Trump’s plans for tariffs, tax cuts, and immigration reforms are expected to take centre stage,…

[youthchronical]

10-year Treasury yield rises above 4.3% as traders ignore noisy jobs report

The yield on the 10-year Treasury rose as traders downplayed October jobs data showing meager job growth that was hurt by hurricanes and striking workers, and was far below what Wall Street was expecting. The 10-year Treasury yield jumped nearly 10 basis points at 4.382%. The 2-year Treasury yield was higher by 5 basis points at 4.216%. The uptick in yields marks a continuation of their recent…

[financia012]

Why Investors Should Focus on Jobs Reports Amid Market Volatility

As October kicks off, many investors grow anxious about potential market turbulence. Historically, this month has seen notable market downturns, fueling fear among investors. However, rather than succumbing to market speculation, a more grounded approach involves analyzing key economic indicators. One of the most significant reports to watch is the U.S. jobs report, which offers crucial insights…

[minnesotafollower]

Minnesota Will Suffer from a Crackdown on U.S. Immigration  

Today “Minnesota is home to about 480,000 foreign-born residents, comprising about 8.5% of the population, according to the state Department of Employment and Economic Development (DEED). Those residents tend to be younger than Minnesota’s native-born population, and most are in their prime working years, filling jobs from agriculture to education to health care. Between 2011 and 2021, immigrants…

[hislop3]

FTC Bans Employment Non-Compete Provisions - Healthcare Implications Aplenty

On Tuesday, the Federal Trade Commission issued a final rule effectively, banning non-compete agreements, provisions, etc. for employees, including executives. The final rule contains separate provisions defining unfair methods of competition for the two subcategories of workers. Specifically, the final rule provides that, with respect to a worker other than a senior executive, it is an unfair…

[moneyecon]

U.S. Economy Grows Faster than Expectations

Good News! U.S. Economy Grows faster than expectations, despite the fear of recession which was always around the corner from the last year. The Economy grew faster than expected. On 29th November, 2023, the Bureau of Economic Analysis (BEA), released the Third Quarter GDP data and the data from the Bureau of Economic Analysis (BEA) reveals a resilient economy driven by increased consumer…

[reasonsforhope]

Green energy is in its heyday. 

Renewable energy sources now account for 22% of the nation’s electricity, and solar has skyrocketed eight times over in the last decade. This spring in California, wind, water, and solar power energy sources exceeded expectations, accounting for an average of 61.5 percent of the state's electricity demand across 52 days. 

But green energy has a lithium problem. Lithium batteries control more than 90% of the global grid battery storage market. 

That’s not just cell phones, laptops, electric toothbrushes, and tools. Scooters, e-bikes, hybrids, and electric vehicles all rely on rechargeable lithium batteries to get going. 

Fortunately, this past week, Natron Energy launched its first-ever commercial-scale production of sodium-ion batteries in the U.S. 

“Sodium-ion batteries offer a unique alternative to lithium-ion, with higher power, faster recharge, longer lifecycle and a completely safe and stable chemistry,” said Colin Wessells — Natron Founder and Co-CEO — at the kick-off event in Michigan. 

The new sodium-ion batteries charge and discharge at rates 10 times faster than lithium-ion, with an estimated lifespan of 50,000 cycles.

Wessells said that using sodium as a primary mineral alternative eliminates industry-wide issues of worker negligence, geopolitical disruption, and the “questionable environmental impacts” inextricably linked to lithium mining. 

“The electrification of our economy is dependent on the development and production of new, innovative energy storage solutions,” Wessells said. 

Why are sodium batteries a better alternative to lithium?

The birth and death cycle of lithium is shadowed in environmental destruction. The process of extracting lithium pollutes the water, air, and soil, and when it’s eventually discarded, the flammable batteries are prone to bursting into flames and burning out in landfills. 

There’s also a human cost. Lithium-ion materials like cobalt and nickel are not only harder to source and procure, but their supply chains are also overwhelmingly attributed to hazardous working conditions and child labor law violations. 

Sodium, on the other hand, is estimated to be 1,000 times more abundant in the earth’s crust than lithium. 

“Unlike lithium, sodium can be produced from an abundant material: salt,” engineer Casey Crownhart wrote ​​in the MIT Technology Review. “Because the raw ingredients are cheap and widely available, there’s potential for sodium-ion batteries to be significantly less expensive than their lithium-ion counterparts if more companies start making more of them.”

What will these batteries be used for?

Right now, Natron has its focus set on AI models and data storage centers, which consume hefty amounts of energy. In 2023, the MIT Technology Review reported that one AI model can emit more than 626,00 pounds of carbon dioxide equivalent. 

“We expect our battery solutions will be used to power the explosive growth in data centers used for Artificial Intelligence,” said Wendell Brooks, co-CEO of Natron. 

“With the start of commercial-scale production here in Michigan, we are well-positioned to capitalize on the growing demand for efficient, safe, and reliable battery energy storage.”

The fast-charging energy alternative also has limitless potential on a consumer level, and Natron is eying telecommunications and EV fast-charging once it begins servicing AI data storage centers in June. 

On a larger scale, sodium-ion batteries could radically change the manufacturing and production sectors — from housing energy to lower electricity costs in warehouses, to charging backup stations and powering electric vehicles, trucks, forklifts, and so on. 

“I founded Natron because we saw climate change as the defining problem of our time,” Wessells said. “We believe batteries have a role to play.”

-via GoodGoodGood, May 3, 2024

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Note: I wanted to make sure this was legit (scientifically and in general), and I'm happy to report that it really is! x, x, x, x

[headlinehorizon]

Goldman Sachs Lowers Probability of U.S. Recession, Citing Strong Labor Market and Cooling Inflation

According to Goldman Sachs strategists, the U.S. economy has a better chance of avoiding a recession than previously believed, as cooling inflation and a resilient labor market contribute to a more positive outlook. This latest news from Goldman Sachs offers a contrasting perspective amid concerns of a potential economic downturn.

[thisway-global]

Episode 10: Cary Sparrow - Greenwich.HR

[metamatar]

Employers desire foreign workers who are accustomed to the hazardous work sites of industrial construction; in particular, they specifically solicit migrants who do not have a history of labor organizing within SWANA. In response, labor brokerage firms brand themselves as offering migrant workers who are deferential. Often, labor brokers conflate the category of South Asian with docility; [...] as inherently passive, disciplined, and, most important, unfettered by volatile working conditions. "We say quality, they [U.S. employers] say seasoned. We both know what it means. Workers who are not going to quit, not going to run away in the foreign country and do as they are told.” [...]

For migrants, the U.S. oil industry presents a rare chance to apply their existing skill set in a country with options for permanent residency and sponsorship of family members. Migrants wish to find an end to their tem­porary worker status; they imagine the United States as a liberal economy in which labor standards are enforced and there are opportunities for citizenship and building a life for their family. [...] What brokers fail to explain is that South Asian migrants are being recruited as guest workers. Migrants will not have access to U.S. citizenship or visas for family members; in fact, their employment status will be quite similar to their SWANA migration.

While nations such as the Philippines have both state-mandated and independent migrant rights agencies, the Indian government has minimal avenues for worker protection. These are limited to hotlines for reporting abusive foreign employers and Indian consulates located in a few select countries of the SWANA region. [... Brokers] emphasize the docility of Indian migrants in comparison to the disruptive tendencies of other Asian migrant workers. [...] “Some of these Filipino men you see make a lot of trouble in the Arab countries. Even their women, who work as maids and such, lash out. The employer says one wrong thing and the workers get the whole country [the Philippines] on the street. [...] But you don’t see our people creating a tamasha [spectacle] overseas.” [...] Just as Filipinx migrants are racialized to be undisciplined labor, Indian brokers construct divisions within the South Asian workforce to promote the primacy of their own firms. In particular, Pakistani workers are racialized as an abrasive population.

[...] While the public image of the South Asian American community remains as model minorities, presumed to be primarily upwardly mobile professionals, the global reality of the population is quite to the contrary. [...] From the historic colonial routes initiated by British occupation of South Asia to the emergence of energy markets within the countries of SWANA, migrants have been recruited to build industries by contributing their labor to construction projects. Within the last decade, these South Asian migrants, with experience in the SWANA oil industry, have been actively solicited as guest workers into the energy sector of the United States. The growth of hydraulic fracturing has opened new territory for oil extraction; capitalizing on the potential market are numerous stakeholders who have invested in industrial construction projects across the southwestern United States. The solicitation of South Asian construction workers is not coincidental. [...] Kartik, a globally competitive firm’s broker, explains the connection of Indian labor to practices of the past. “You know we come from a long history of working in foreign lands. Even the British used to send us to Africa and the Arab regions to work in the mines and oil fields. It’s part of our history.”

Seasoning Labor: Contemporary South Asian Migrations and the Racialization of Immigrant Workers, Saunjuhi Verma in the Journal of Asian American Studies

[usaitbari]

Here's where the jobs are for November 2022 — in one chart

Here’s where the jobs are for November 2022 — in one chart

The U.S. job market beat expectations again in November, adding 263,000 payrolls led by the service sector. Leisure and hospitality was the top category for job gains, according to a report from the U.S. Bureau of Labor Statistics, adding 88,000 jobs. Roughly 62,000 of those jobs were in food and drink services, the report said. Health care and social assistance was the second-biggest category…

[probablyasocialecologist]

There is no obvious path between today’s machine learning models — which mimic human creativity by predicting the next word, sound, or pixel — and an AI that can form a hostile intent or circumvent our every effort to contain it. Regardless, it is fair to ask why Dr. Frankenstein is holding the pitchfork. Why is it that the people building, deploying, and profiting from AI are the ones leading the call to focus public attention on its existential risk? Well, I can see at least two possible reasons. The first is that it requires far less sacrifice on their part to call attention to a hypothetical threat than to address the more immediate harms and costs that AI is already imposing on society. Today’s AI is plagued by error and replete with bias. It makes up facts and reproduces discriminatory heuristics. It empowers both government and consumer surveillance. AI is displacing labor and exacerbating income and wealth inequality. It poses an enormous and escalating threat to the environment, consuming an enormous and growing amount of energy and fueling a race to extract materials from a beleaguered Earth. These societal costs aren’t easily absorbed. Mitigating them requires a significant commitment of personnel and other resources, which doesn’t make shareholders happy — and which is why the market recently rewarded tech companies for laying off many members of their privacy, security, or ethics teams. How much easier would life be for AI companies if the public instead fixated on speculative theories about far-off threats that may or may not actually bear out? What would action to “mitigate the risk of extinction” even look like? I submit that it would consist of vague whitepapers, series of workshops led by speculative philosophers, and donations to computer science labs that are willing to speak the language of longtermism. This would be a pittance, compared with the effort required to reverse what AI is already doing to displace labor, exacerbate inequality, and accelerate environmental degradation. A second reason the AI community might be motivated to cast the technology as posing an existential risk could be, ironically, to reinforce the idea that AI has enormous potential. Convincing the public that AI is so powerful that it could end human existence would be a pretty effective way for AI scientists to make the case that what they are working on is important. Doomsaying is great marketing. The long-term fear may be that AI will threaten humanity, but the near-term fear, for anyone who doesn’t incorporate AI into their business, agency, or classroom, is that they will be left behind. The same goes for national policy: If AI poses existential risks, U.S. policymakers might say, we better not let China beat us to it for lack of investment or overregulation. (It is telling that Sam Altman — the CEO of OpenAI and a signatory of the Center for AI Safety statement — warned the E.U. that his company will pull out of Europe if regulations become too burdensome.)

[iww-gnv]

American workers are dying, local businesses are reporting a drop in productivity, and the country's economy is losing billions all because of one problem: the heat. July was the hottest month on record on our planet, according to scientists. This entire summer, so far, has been marked by scorching temperatures for much of the U.S. South, with the thermometer reaching triple digits in several places in Texas between June and July. In that same period, at least two people died in the state while working under the stifling heat enveloping Texas, a 35-year-old utility lineman, and a 66-year-old USPS carrier. According to the Bureau of Labor Statistics, there were 36 work-related deaths due to environmental heat exposure in 2021, the latest data available. This was a drop from 56 deaths in 2020, and the lowest number since 2017. "Workers who are exposed to extreme heat or work in hot environments may be at risk of heat stress," Kathleen Conley, a spokesperson for the Centers for Disease Control and Prevention (CDC), told Newsweek. "Heat stress can result in heat stroke, heat exhaustion, heat cramps, or heat rashes. Heat can also increase the risk of injuries in workers as it may result in sweaty palms, fogged-up safety glasses, and dizziness. Burns may also occur as a result of accidental contact with hot surfaces or steam." While there is a minimum working temperature in the U.S., there's no maximum working temperature set by law at a federal level. The CDC makes recommendations for employers to avoid heat stress in the workplace, but these are not legally binding requirements. The Biden administration has tasked the Occupational Safety and Health Administration (OSHA) with updating its worker safety policies in light of the extreme heat. But the federal standards could take years to develop—leaving the issue in the hands of individual states. Things aren't moving nearly as fast as the emergency would require—and it's the politics around the way we look at work, the labor market, and the rights of workers in the U.S. that is slowing things down.

[fatehbaz]

In fact, far more Asian workers moved to the Americas in the 19th century to make sugar than to build the transcontinental railroad [...]. [T]housands of Chinese migrants were recruited to work [...] on Louisiana’s sugar plantations after the Civil War. [...] Recruited and reviled as "coolies," their presence in sugar production helped justify racial exclusion after the abolition of slavery.

In places where sugar cane is grown, such as Mauritius, Fiji, Hawaii, Guyana, Trinidad and Suriname, there is usually a sizable population of Asians who can trace their ancestry to India, China, Japan, Korea, the Philippines, Indonesia and elsewhere. They are descendants of sugar plantation workers, whose migration and labor embodied the limitations and contradictions of chattel slavery’s slow death in the 19th century. [...]

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Mass consumption of sugar in industrializing Europe and North America rested on mass production of sugar by enslaved Africans in the colonies. The whip, the market, and the law institutionalized slavery across the Americas, including in the U.S. When the Haitian Revolution erupted in 1791 and Napoleon Bonaparte’s mission to reclaim Saint-Domingue, France’s most prized colony, failed, slaveholding regimes around the world grew alarmed. In response to a series of slave rebellions in its own sugar colonies, especially in Jamaica, the British Empire formally abolished slavery in the 1830s. British emancipation included a payment of £20 million to slave owners, an immense sum of money that British taxpayers made loan payments on until 2015.

Importing indentured labor from Asia emerged as a potential way to maintain the British Empire’s sugar plantation system.

In 1838 John Gladstone, father of future prime minister William E. Gladstone, arranged for the shipment of 396 South Asian workers, bound to five years of indentured labor, to his sugar estates in British Guiana. The experiment with “Gladstone coolies,” as those workers came to be known, inaugurated [...] “a new system of [...] [indentured servitude],” which would endure for nearly a century. [...]

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Bonaparte [...] agreed to sell France's claims [...] to the U.S. [...] in 1803, in [...] the Louisiana Purchase. Plantation owners who escaped Saint-Domingue [Haiti] with their enslaved workers helped establish a booming sugar industry in southern Louisiana. On huge plantations surrounding New Orleans, home of the largest slave market in the antebellum South, sugar production took off in the first half of the 19th century. By 1853, Louisiana was producing nearly 25% of all exportable sugar in the world. [...] On the eve of the Civil War, Louisiana’s sugar industry was valued at US$200 million. More than half of that figure represented the valuation of the ownership of human beings – Black people who did the backbreaking labor [...]. By the war’s end, approximately $193 million of the sugar industry’s prewar value had vanished.

Desperate to regain power and authority after the war, Louisiana’s wealthiest planters studied and learned from their Caribbean counterparts. They, too, looked to Asian workers for their salvation, fantasizing that so-called “coolies” [...].

Thousands of Chinese workers landed in Louisiana between 1866 and 1870, recruited from the Caribbean, China and California. Bound to multiyear contracts, they symbolized Louisiana planters’ racial hope [...].

To great fanfare, Louisiana’s wealthiest planters spent thousands of dollars to recruit gangs of Chinese workers. When 140 Chinese laborers arrived on Millaudon plantation near New Orleans on July 4, 1870, at a cost of about $10,000 in recruitment fees, the New Orleans Times reported that they were “young, athletic, intelligent, sober and cleanly” and superior to “the vast majority of our African population.” [...] But [...] [w]hen they heard that other workers earned more, they demanded the same. When planters refused, they ran away. The Chinese recruits, the Planters’ Banner observed in 1871, were “fond of changing about, run away worse than [Black people], and … leave as soon as anybody offers them higher wages.”

When Congress debated excluding the Chinese from the United States in 1882, Rep. Horace F. Page of California argued that the United States could not allow the entry of “millions of cooly slaves and serfs.” That racial reasoning would justify a long series of anti-Asian laws and policies on immigration and naturalization for nearly a century.

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All text above by: Moon-Ho Jung. "Making sugar, making 'coolies': Chinese laborers toiled alongside Black workers on 19th-century Louisiana plantations". The Conversation. 13 January 2022. [All bold emphasis and some paragraph breaks/contractions added by me.]

[eugenedebs1920]

One of the beautiful things about how our representative democratic constitutional republic works is the varying opinions. The array of views and theories, the proposals and approaches, from the patchwork of ideology America has attracted, gives us the opportunity to select the peak ideas of so many backgrounds and cultures. Many of the founders, Washington in particular, were against the formation of political parties. Because of such contrasting views this was unavoidable.

There used to be a dozen or more political parties in the U.S. Wigs, federalist, socialists, labor and others brought their perspectives and that of their constituency to Congress. This enabled a more zoomed in viewpoint of the issues across the nation.

Our Population in this country, and the planet as a whole, has BOOMED! With it, so have perspectives, concerns and opinions. It becomes harder and harder to address everyone’s needs when the diversity and size of those you’re representing is so vast. This becomes even more burdensome when there’s red and blue to choose from. The puppet on the left or the puppet on the right.

I’ll have to do more research into why exactly but some time between the beginning on the twentieth century and 1940’s the cluster of political parties that had existed before pretty much consolidated in the two that dominate now. Sure, there are other parties out there, but not with much influence, or power as there was before the Second World War.

From a business perspective this makes sense, you buy out your rival for less competition so you can set market value to your liking. But this is not a business, some will argue the federal government is the largest business on earth. It goes beyond the financial side to the personal level. These are policies and practices that have real world implications. That affect real people lives in droves.

This “big tent” approach sounds wonderful in theory, but when you start looking at the details it becomes much more complicated. The extremes of both sides tend to be the loudest voices while representing the smallest fraction of the party.

It has proven to be detrimental to the functioning or our democracy! With just the two sides, when one side is unhealthy, unhappy and unwilling to compromise the system bogs. This last House term being an excellent example. These MAGA obstructionist sinking the ship. Making an ass out of themselves and the entire Republican Party. A party that used to be a proud, noble group, resorted to lacking leadership for months, failed vote counts and the title as the least productive Congress in this century. The “big tent” approach for the Republican Party has the loudest voices being heard while the mature, responsible, more centered Republicans are lumped in with them.

The same can be true of the left to an extent. Dems will kick those with unacceptable behavior words or conduct to the curb though, which is a huge difference. Yet there are extremes on the left that don’t necessarily reflect the views of most Democrats.

This, winner take all grasp for power has lessened the effectiveness and stature of the political spheres in this country. So it’s down to the puppet on the left or the puppet in the right. A brown paper bag with a name on it.

So we have the two parties with the two extremes. One party despite its downfalls wants to govern. Wants to see progress. Wants to enact change.

The other is fighting culture wars, denying science, and tiptoeing a line on bigotry that is stepped over habitually. Their method as the “party of no” which they labeled themselves during the Obama years does NOTHING for the citizens of this country. The obstructionist approach of saying no because the other side proposed it is not helpful, if you’d call it governing at all! The “war on woke” and this owning the libs thing is some childish, useless sh*t! Cutting off your nose to spite your face. Can we have representatives who actually work together and find compromise to accomplish SOMETHING!!!?

Anyway… There’s only one healthy party in America right now. And it sure ain’t the Republican MAGA Party…