07 March 2013

• U.S. Labor Productivity Down in Q4 2012


Nonfarm business sector labor productivity decreased at a 1.9 percent annual rate during the fourth quarter of 2012. The decrease in productivity reflects increases of 0.5 percent in output and 2.5 percent in hours worked. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

From the fourth quarter of 2011 to the fourth quarter of 2012, productivity increased 0.5 percent as output and hours worked increased 2.5 percent and 1.9 percent, respectively.

Source: USDOL-BLS


• U.S. Trade Deficit Increased in January [Exports, Imports, Trade Balance]


Total January exports of $184.5 billion and imports of $228.9 billion resulted in a goods and services deficit of $44.4 billion, up from $38.1 billion in December, revised.

January exports were $2.2 billion less than December exports of $186.6 billion. January imports were $4.1 billion more than December imports of $224.8 billion.

Source: USDOC-BEA


06 March 2013

• OFCCP Issues Directive on Use of Arrest and Conviction Records in Contractors’ Employment Decisions


“The U.S. Department of Labor Office of Federal Contract Compliance Programs (“OFCCP”) has announced it will be reviewing carefully employer consideration of candidate criminal history information for systematic discrimination. OFCCP’s Directive 306, “Complying with Nondiscrimination Provisions: Criminal Record Restrictions and Discrimination Based on Race and National Origin,” issued on January 29, 2013, and effective immediately, applies to all covered federal contractors and subcontractors.”

Source: JacksonLewis.com


• U.S. Factory Orders Fell in January


New orders for manufactured goods in January, down two of the last three months, decreased $9.6 billion or 2.0 percent to $472.9 billion.

This followed a 1.3 percent December increase.

Excluding transportation, new orders increased 1.3 percent.

Source: USDOC-Census


04 March 2013

• “Ten Things Your Boss Doesn't Want You To Know”


“Your boss is secretly smiling. He knows things you don’t about your workplace rights. And what you don’t know about those rights can destroy your career or even get you fired.

”Understanding those rights can help you wipe that smile right off his face.

”Here are 10 things you need to know.”

Source: Forbes.com


• U.S. DOL Releases New FMLA Model Forms and Notice Poster


“The U.S. Department of Labor has released revised model Family and Medical Leave Act (“FMLA”) forms to administer federal FMLA leave and a notice poster.

”The updated forms should be used by employers immediately, although they include no substantive revisions despite recent rulemaking on the FMLA military caregiver leave provisions (see our article DOL Publishes Final Regulations Addressing Military Family Leave Provisions).

”The new forms expire on February 28, 2015. Following are links to the revised model forms:”

Source: JacksonLewis.com


• Connecticut: “Time to Fix The Jobless Trust Fund Is Now”


”In October 2009, Connecticut began borrowing from the federal government because the state's Unemployment Insurance Trust Fund was running out of money.

”So many people were filing for unemployment benefits because of the economic downturn that the jobless benefits the state was paying out far exceeded what it was taking in from employers for the trust fund.

”Connecticut wasn't alone, of course.”

Source: Rep-Am.com