08152018Wed
Last updateTue, 14 Aug 2018 7pm

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Kohl Among Senators Urging Full Funding For Manufacturing

A group of 50 U.S. senators, including Sen. Herb Kohl of Wisconsin, has requested that a federal appropriations bill include $131.8 million in funding for the Manufacturing Extension Partnership.

The partnership is a nationwide network of not-for-profit centers in nearly 400 locations in all 50 states and Puerto Rico, whose purpose is to provide small- and medium-sized manufacturers with help in implementing the most advanced manufacturing technologies and processes to make them more competitive globally.

Source: Business Journal of Milwaukee

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Duke Energy Ditches Manufacturing Group

Duke Energy won’t renew its membership in the National Association of Manufacturers, in part because of disagreements with the lobbying group’s stance on climate change policy.

Duke, one of the largest utilities in the country, supports passing legislation that caps greenhouse gas emissions.

Source: Politico

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Jobless Claims Decline, Productivity Increases

Fewer Americans filed claims for unemployment benefits last week and workers were more productive in the first quarter, signs that the worst of the job cuts may be over.

Applications for jobless benefits unexpectedly dropped by 34,000 to 601,000 in the week ended May 2, the least since late January, figures from the Labor Department showed today in Washington. Productivity rose at a 0.8 percent annual rate from January through March, rebounding from a 0.6 percent decline in the fourth quarter, Labor also reported.

Source: Bloomberg

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Senator Signals EFCA Compromise Without 'Card Check'

The controversial "card check" provision in the Employee Free Choice Act (EFCA) may be dropped in a compromise, one of the bill's Democratic sponsors in the Senate said Monday.

"Compromises are going to be made," Sen. Tom Harkin (D-Iowa) told Bloomberg News. "It [the bill] probably wont be card-check because too many people are opposed to it now."

Source: The Hill

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Private-Sector Employment Falls by 491,000 in April

Private-sector employment in the United States fell by 491,000 jobs in April, the smallest decline in six months, according to the ADP employment index released Wednesday.

The relative improvement was widespread across industries, said Joel Prakken, chairman of Macroeconomic Advisers, the consulting firm that computes the index for payroll giant Automatic Data Processing Inc. from hundreds of thousands of anonymous payroll reports.

Source: Market Watch

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