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Blue Collar Workers

All articles tagged with #blue collar workers

business1 year ago

"UPS Slashes 12,000 Jobs Amid Declining Package Volume"

UPS is set to cut 12,000 mostly management positions and is considering selling off its Coyote truckload brokerage business in an attempt to save $1 billion amid sinking revenue, signaling a swing in fortunes between blue-collar and white-collar workers. The company's earnings call focused on slipping profits, attributed to the economic climate and lower demand for small packages, as well as higher costs associated with the new labor contract. With the decline in revenue, UPS plans to rely more on technology at the expense of warehouse workers' jobs, and the laid-off managers' jobs are unlikely to return. The shift reflects a broader trend of job cuts in white-collar roles, while blue-collar workers with union backing have seen gains in stability and benefits.

via Fortune|
#blue-collar-workers#business#job-cuts
economy2 years ago

The Impact of a Cooling Job Market on American Employment

Blue-collar workers in the United States have experienced stronger hiring, more job opportunities, and faster pay growth compared to their white-collar counterparts. While the job market is slowing down, unemployment remains low and labor force participation is high. However, job gains have slowed, and white-collar employers, particularly in the tech sector, have reduced hiring. In contrast, job postings for manufacturing roles have increased significantly. Blue-collar workers with lower education levels have seen substantial employment growth, while wages in blue-collar fields have outpaced inflation. Nonetheless, the earnings gap between blue-collar and white-collar workers persists, and the economic situation for blue-collar workers, despite wage gains, remains challenging.

via NBC News|
#blue-collar-workers#economy#job-market
politics2 years ago

"Trump and Biden Battle for Union Support in Michigan"

Donald Trump plans to address blue-collar workers in Michigan, attempting to upstage Joe Biden's appeal to union members amidst the ongoing United Auto Workers (UAW) strike. Trump has shown sympathy towards the striking workers but has not explicitly endorsed their demands. Instead, he has criticized the UAW's leadership and attacked Biden's clean energy policy. Despite implementing a tax cut favoring the rich and corporate America, Trump has a track record of winning support among union members and narrowly won Michigan in 2016.

via The Guardian US|
#blue-collar-workers#donald-trump#joe-biden
economy2 years ago

"Premier Urges Increase in Blue-Collar Workers to Address Skills Shortage"

Chinese Premier Li Qiang has called for better training and education to address the acute shortage of skilled blue-collar workers in China. The country aims to become a hi-tech power by the middle of the century, but estimates suggest that nearly 30 million manufacturing roles will go unfilled by 2025. The Ministry of Human Resources and Social Security has identified 100 jobs with severe labor shortages, with 41 of them in manufacturing. The government plans to set up pilot programs in various industries and encourages collaboration between occupational schools, companies, and research institutions to meet market needs.

via South China Morning Post|
#blue-collar-workers#china#economy
politicseconomy2 years ago

"Bidenomics Faces Criticism from Blue-Collar Workers and Low Approval Ratings"

Blue-collar workers in Philadelphia express dissatisfaction with President Biden's economic policies, known as "Bidenomics," ahead of his visit to the city. Despite Biden's claim that wages are at their highest since the pandemic, workers argue that their income hasn't improved significantly and that inflation has made it difficult to make ends meet. Some workers criticize Biden for not doing enough to help improve wages, while others believe that the situation has improved under his administration.

via Fox News|
#bidenomics#blue-collar-workers#inflation