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Institute
of Industrial Relations Library
Labor and Employment Weblog
University of California, Berkeley |
Updated
5/3/2004; 3:26:52 PM
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Monday, April 26, 2004 |
Caterpillar workers nix contract offer. PEORIA, Ill. -- Some 8,000 Caterpillar Inc. workers rejected a six-year contract that the heavy equipment giant has called its final offer, but employees remained on the job, company and union officials said. The United Auto Workers told employees to report to work Monday even though an extension of their current contract expired Sunday night. AP via Seattle Post Intelligencer Apr 26 2004 3:22PM GMT
3:16:59 PM 
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G7 underestimating China risks, analysts say. "I am surprised that nothing was said about the risk that China poses to the world economy," said Wells Fargo Bank chief economist Sung Won Sohn. "There is overinvestment and overheating going on in China and that is not only boosting commodity prices, but the bubble could be pricked and that could adversely affect the rest of the world. A supportive statement from the G7 would have emphasised the concerns around the world." Melbourne Age Apr 26 2004 5:09PM GMT
3:08:22 PM
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Aviation workers in Nigeria fault recruitment for new national carrier. In a statement by the National President of the association, Mr. Kunle Martins, NACCA said it recognised the urgent need for a national carrier but regretted that experienced cabin crew members from Nigeria Airways and other domestic airlines were not invited for the interview. Martins, who expressed disappointment at the procedures adopted, said the facilitator had digressed from the plan and promise of the Minister of Aviation, Mallam Isa Yuguda, who declared that Nigerians would not be excluded from employment in the national carrier. Nigeria Guardian Apr 26 2004 7:29PM GMT
2:45:24 PM
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Hungarian strike forces carrier to cancel flights. BUDAPEST - The Hungarian national airline Malev on Monday said it had cancelled 20 flights to European destinations on Tuesday, when one of its six labour unions is staging a one-day strike. "We are cancelling 20 flights on Tuesday because of a strike by the Independent Union of Air Traffic Workers," Malev spokeswoman Adrienn Krebszt said, adding that the strike would last from 4.30 am (0230 GMT) until midnight. Business Day South Africa Apr 26 2004 3:23PM GMT
2:40:37 PM
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EU 'lagging behind' in competitiveness. A study by the World Economic Forum suggests that most EU countries, including those who are to join on 1 May, are lagging behind the US on most measures of competitiveness. The survey suggests that four years after EU leaders agreed a set of structural and economic reforms to make the EU the most dynamic economy in the world by 2010, progress has been slow and uneven, with only the Scandinavian countries surpassing the USA. [BBC News | Europe | World Edition]
2:11:42 PM
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Back On the Bus. Every day in America, 85,444 workers lose their jobs. 14.7 million people are jobless, underemployed or have given up looking for work. 43.6 million people have no health insurance. 4,227 people file for personal bankruptcy. 12,878 workers are injured or made ill by their jobs. 6.8 million people are in the workforce but are still poor. 11 million children attend broken-down schools. [AlterNet]
1:27:44 PM
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Copyright
2004
Janice Kimball
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