Thursday, October 25, 2012

Today's Teamster News 10.25.12

Standard of Living Is in the Shadows as Election Issue  New York Times   ...By last year, family income was 8 percent lower than it had been 11 years earlier, at its peak in 2000, according to inflation-adjusted numbers from the Census Bureau. On average in 11-year periods in the decades just after World War II, inflation-adjusted median income rose by almost 30 percent...
New report shows growth in American footwear and apparel manufacturing  manufacture this   ...In 2011, domestic apparel manufacturing grew 11.1 percent and, for the first time ever, domestic production’s share of the U.S. market grew, driving import penetration in the U.S. apparel market below 98 percent...
Federal Prosecutors Sue Bank of America Over Mortgage Program  New York Times   ...They accused it of carrying out a scheme, started by its Countrywide Financial unit, that defrauded government-backed mortgage agencies by churning out loans at a rapid pace without proper controls...
Maricopa County Puts Out Another Spanish-Language Flyer With Wrong Election Date  Huffington Post   ...The general election is Nov. 6, but Spanish-speakers in Maricopa County, Ariz., are being told otherwise, with now two documents from the county's elections department stating the date -- in Spanish -- as Nov. 8...
Union says employer failed to make pension fund payments  NWI Times   ...Trustees of the Teamsters Union No. 142 Pension Trust filed a civil lawsuit last week in Hammond federal court against IB&B LLC. IB&B does business in the area as Illiana Block & Brick Inc., Critser Companies Inc. and Gary Material Supply LLC, according to the lawsuit...
Manufacturing Company Rollex Demands Drastic Wage Cuts For Union Members  Local 727   ...Building materials manufacturer Rollex is making radical demands to cut workers' wages and benefits while claiming the company's profits have nothing to do with its proposals...