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The yield on the two-year U.S. Treasury note fell to a six-month low of 3.6550% and was last at 3.6611%.On April 4, local time on April 3, U.S. Secretary of Health and Human Services Robert Kennedy Jr. said that about 20% of the layoffs in the Department of Government Efficiency were wrong and needed to be corrected. The U.S. Department of Health and Human Services laid off about 10,000 people on the 1st. Kennedy said that people who should not have been laid off were laid off, and the department is restoring their positions. Kennedy said that canceling the entire lead poisoning prevention and monitoring department of the Centers for Disease Control and Prevention was one of the mistakes. At present, it is unclear what other projects Kennedy may plan to restore.Bank of Japan Governor Kazuo Ueda: Will consider the impact of food costs on consumers.On April 4, local time on the 3rd, the automobile company Stellantis said that due to the impact of the US import automobile tariff policy, the company decided to lay off 900 employees in its five US factories and suspend production operations at two assembly plants in Canada and Mexico. Antonio Filosa, Chief Operating Officer of Stellantis Americas, said that the US factories that were laid off were powertrain and stamping parts factories, which produced spare parts for two assembly plants in Canada and Mexico. According to the plan, the assembly plant in Canada will stop production for two weeks, and the assembly plant in Toluca, Mexico will suspend production throughout April. Filosa said the company is "continuing to evaluate the medium- and long-term impact of tariffs on operations."Bank of Japan Governor Kazuo Ueda: Non-weather factors may push up food prices.

Analysis-Amazon Win Offers Unions Hope, But Problems Remain

Haiden Holmes

Apr 02, 2022 09:27

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The news on Friday that the United States' first-ever union would be joining the country's second-largest private employer ricocheted across labor organizations, as they started to see a road forward for enlisting employees and reversing decades of decline in their numbers.


Amazon now seems to be a more manageable target for them, albeit it remains a difficult one. Around 55% of votes cast at the Staten Island site went to the Amazon Labor Union (ALU), a newly formed organization led by former Amazon employee Christian Smalls.


The corporation said that it may submit objections and that regardless of whether or not the ALU's victory is formalized, it must still win a contract.


This may be as difficult as winning an election, according to Gregory DeFreitas, a Hofstra University professor of labor economics.


According to a federal document, Amazon spent more than $4 million on labor consultants in 2021 to attempt to convince employees.


"Amazon just has enormous resources for fighting unions and an enormous willingness to do whatever it takes to stay union-free," said John Logan, a San Francisco State University professor who researches anti-union operations.


Duplicating Amazon's success may be challenging. Local expertise and warehouse experience aided the ALU's leadership, which at times attempted to disassociate themselves from the efforts of national labor organizations.


"What succeeds are the leaders who employees know and trust," said Burt Flickinger, managing director of retail consultant Strategic Resource Group, who assisted several unions on organizing Amazon. Flickinger anticipates union organizing efforts to concentrate on more warehouses and Amazon-owned Whole Foods Market locations, noting that unions will need to rebuild depleted financial coffers in order to organize.


The victory in New York follows numerous previous victories at Starbucks coffee outlets. Additionally, it contributes to the perception that the labor movement is evolving. According to Joshua Freeman, a history professor at the CUNY School of Labor and Urban Studies, the ALU used creative organizing strategies, gaining momentum via social media.

The ALU solicited funds through a GoFundMe page.

Simultaneously, established unions are attempting to assist ALU leader Smalls. The Service Employees International Union (SEIU) is extending "any assistance we can," according to Mary Kay Henry, the union's president.

'SPREAD LIKE A BURNING FIRE'

On Friday, the renewed purpose was obvious among union leaders.


The Teamsters, who have been a stalwart opponent of Amazon's refusal to unionize one of its US locations for years, are continue their struggle "on the work floor, at the negotiating table, and on the streets," General President Sean O'Brien stated after the ALU's triumph.


At the SEIU's national headquarters, people cheered and leapt with excitement.


In an interview, Henry said, "This will spread like wildfire." "It's a great source of encouragement for employees opposing the five main airline businesses, for workers battling Starbucks."


Though not finalized, a lost union vote at Amazon's Bessemer, Alabama warehouse prompted some to fear that the ALU's triumph would be limited to labor-friendly states such as New York. That is not the case, according to Logan, the labor professor.


The next battleground will be on Staten Island this month at a second Amazon facility, but some of the company's food workers, as well as other employees and contractors, are mobilizing in Seattle.


"Suddenly, attempting to create a union at Amazon does not seem so pointless," Logan said, adding, "If you can win at Amazon, you can win elsewhere."