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BCTGM Report is a monthly newsletter published from the International Union.
Latest Issue:
- 'Death on the Job' Report: More Workers Killed, Fewer Employer Penalties
- Industry Briefs - Ex-Altria CEO Camilleri Receives $22M in 2007
- News Briefs - House Votes to Require New Dust Standards
Click Here to read the newsletter.
Kellogg to Boost Dividends 10 Percent
Though higher tax rates and soaring commodities prices caused a two percent dip in Kellogg Company's first-quarter profits, the company announced it will increase dividends by 10 percent.
The Battle Creek-based cereal and snack giant said its revenue climbed 10 percent to $3.3 billion from $3 billion. Kellogg's net earnings fell to $315 million, or 81 cents per share, compared with $321 million, or 80 cents per share, during the first quarter of 2007.
Click Here to read complete article.
U.S. Jobs Down 20,000 in April The economy shed another 20,000 jobs in April, the fourth monthly decline this year, further confirming that a recession is under way. However, because many economists had predicted an April job loss in the 75,000 range, news headlines and broadcasts are breathing big sighs of relief.
But an improvement in excessively low expectations does not necessarily result in good news. Looking a bit deeper into the report, more troubling signs emerge:
Employees also appear to be working fewer hours, and for less pay. Among rank-and-file workers, who make up about three-quarters of the workforce, average weekly salaries fell 0.2 percent in April, and average hourly earnings rose an anemic 0.1 percent. In addition, some companies may be avoiding layoffs by cutting back on employee hours. The number of hours worked fell in April, by 0.3 percent among private employers, the second decline this year. Click Here to read complete article.
We Want YOU to Fight for Health Care
Our goal is to win secure, high-quality health care for all.
We are mobilizing a 1 million-member army of health care activists to keep comprehensive health care reform at the top of the political agenda in 2008—and to ensure that the real work of fixing the health care system is actually done after the elections.
Sign the petition and tell everyone you know to sign on today. Click Here.
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