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Disclaimer
Links on
these pages to commercial sites do not represent endorsement by
the University of California or its affiliates.
The opinions
expressed on this Weblog are the responsibility of the contributing
authors and do not reflect the opinion of the Institute of Industrial
Relations, The University of California, or the Regents of the
University of California
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Institute
of Industrial Relations Library
Labor and Employment Weblog
University of California, Berkeley |
Updated
5/24/2004; 11:10:24 AM
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Tuesday, May 04, 2004 |
US economy is 'most competitive'. The US has the world's most competitive economy, with the Chinese region of Zhejiang the most improving according to the 2004 World Competitiveness Yearbook by Swiss business school IMD. The survey, which takes in more than 300 different factors from government to private sector data, found Singapore had jumped two places to come second. [BBC News | Business | Economy | World Edition]
12:22:13 PM 
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U.S. steel industry on the rebound. It's been a good year,'' said Bob Smith, president of USS-Posco Industries, a joint venture of U.S. Steel and South Korea's Pohang Iron and Steel Co. in Pittsburg. The joint venture "added about 40 to 50 people'' to its 850-strong staff early this year, Smith said. Business, he said, is driven largely by the housing construction boom in California, where some 80 percent of USS-Posco's steel is sold. Most of the remaining 20 percent goes to other Western states. San Francisco Chronicle May 4 2004 12:28PM GMT
12:16:19 PM
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Reasonable Discussions On Offshoring. News.com has a fantastic "offshoring roundtable" (mislabeled as an "outsourcing" roundtable) where they have a number of industry folks talk about issues concerning offshoring. Most of the pieces are fairly balanced (and you can tell the various biases) - and the whole thing stays away from the typical useless rhetoric concerning offshoring. The final piece, by Bruce Mehlman of the Computer Systems Policy Project may be the best, where he explains that those who are 100% pro-offshoring aren't using their hearts, while those who are 100% against offshoring aren't using their heads. He also comes up with a balanced approach to dealing with the downsides of offshoring, while still embracing the opportunity it represents. He points to the importance of opening up more markets, improving retraining and "lifelong learning environments," promoting innovation and improving our education. [Techdirt]
11:48:15 AM
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New Zealand banks change tack on staff cutbacks The annual KPMG Financial Institutions Performance Survey, released yesterday, painted a picture of banks returning big profits but also spending more to increase staff and branch numbers. The country's 18 registered banks added 840 employees to their operations last year, with the big five accounting for 691 of those people. [The New Zealand Herald: Business]
11:26:35 AM
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Bankruptcy warning for Alitalia. The Italian government warns the airline could go bankrupt if it does not secure union agreement for its restructuring plan. But unions have so far refused to accept plans to cut jobs, and staff have instead gone out on strike. The Italian government, which owns 62% of the airline and is politically wary of plans to cut up to 16% of Alitalia's 20,000-strong workforce, was also involved in the talks. [BBC News | News Front Page | World Edition]
11:17:07 AM
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Copyright
2004
Janice Kimball
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