Harley Shaiken
Harley Shaiken
costs coverage defined insurance means onto puts risk
When you have a defined contribution, it puts more of the risk onto the recipient, ... If insurance costs go up, that means that your coverage is affected.
across bargaining begins clout happens influenced means message political showing table visibility
They're getting their message across before bargaining begins in earnest. Showing a lot of visibility and political clout means bargaining will be influenced by not just what happens at the table but what happens in the community.
airlines allowing bad bankruptcy clean emerge fewer lower mean news pensions wages
Bankruptcy is allowing airlines to emerge with a clean slate, but it's bad news for workers. Pensions will be affected, and it will mean lower wages and probably fewer jobs.
ball both game hard means pitch union
This is the first pitch in the game of hard ball and I think the union is both angered and not by any means intimidated.
caught gave global key minimal preserved structural union
The union was caught in a global hurricane, and they managed to come out of it with minimal structural damage. They preserved key principles; they gave up some money.
critical debate economy gains immigrants moment study total view workers
These are very important findings that come at a critical moment in the immigration debate. What the study indicates is that if we view the contribution of immigrants to the total economy there may be important gains to all workers that have previously been ignored.
rhetoric time
The rhetoric is much different this time - this time they're really out to get each other.
cushion pain prevent stability successful
There's a cushion but it doesn't prevent the fall. It eases the pain but it's not the same as having the stability of a successful company.
chair empty frame
There's no other way to diplomatically frame it - there's an empty chair there.
both chavez domestic fox political serving
Fox and Chavez are both serving important domestic political purposes for each other.
bring chooses company contract dominates largest powerful social symbol
Caterpillar is a powerful symbol of this process. It dominates its field. It is one of America's largest exporters, and it is very profitable. If there ever was a company that could bring back the social contract of the mid-20th century, it is Caterpillar. But it chooses not to.
closing consequences enormous future losing major
Losing 30,000 jobs, closing 14 plants, has enormous consequences not just for the union, but for the future of their members. It is a major blow.
benefits companies decision easy looking roll says top
Many companies are looking to roll back benefits, and benefits for retirees are at the top of the list. This decision says that while they may be first on the list, they may not be easy to cut.
bankruptcy bargaining begin chinese chosen clearly collective direction judge miller moving using wages
Miller has clearly chosen bankruptcy over collective bargaining to restructure the company. Delphi is using a bankruptcy judge to begin moving in the direction of Chinese wages and benefits.