MEMBERS IN THE NEWS:
MYRIAD GENETICS INVESTS IN FUTURE SCIENTISTSUtah Business
As a sign of their commitment to supporting future scientists, Myriad Genetics recently announced a $300,000 gift to Westminster College’s science programs. The gift will create eight undergraduate science scholarships, including awards for biology, chemistry, physics and a “Woman in Science” award, as well as one faculty leadership award. “Life science companies, like Myriad, benefit from talented science graduates who can think critically and work collaboratively,” explained Peter Meldrum, Myriad CEO.
View Full Article
BOEING POSTS STRONG REBOUND IN 2010, BEATING TARGET
Quick Manufacturing News
Boeing Commercial Airplanes topped its 2010 forecast of 460 new deliveries, and continues to boast a strong order book "... thanks to airliners...transition from economic recovery to expansion." As a result, Boeing continued to rely on demand for its 737 jets, increasing production schedules, taking 486 new orders, and delivering 376 of the single-aisle passenger jets. Click to continue
WHY P&G'S NEW PRODUCTS TARGET THE WORLD'S POOREST PEOPLE
SmartBrief on Leadership
Procter & Gamble is pouring R&D cash into the hunt for products that appeal to poor consumers in developing economies. The aim is not just to make products cheaper, but also to create products that serve the specific needs of low-income consumers. "Our innovation strategy is not just diluting the top-tier product for the lower-end consumer. You have to discretely innovate for every one of those consumers on that economic curve, and if you don't do that, you'll fail," says P&G chief executive Robert McDonald. CNNMoney.com/Fortune
PR NewswireProcter & Gamble is pouring R&D cash into the hunt for products that appeal to poor consumers in developing economies. The aim is not just to make products cheaper, but also to create products that serve the specific needs of low-income consumers. "Our innovation strategy is not just diluting the top-tier product for the lower-end consumer. You have to discretely innovate for every one of those consumers on that economic curve, and if you don't do that, you'll fail," says P&G chief executive Robert McDonald. CNNMoney.com/Fortune
PARK CITY, Utah, Jan. 6, 2011 /PRNewswire/ -- The 2011 Salary Survey, just released by Janco Associates and eJobDescription.com, is good news for IT job seekers.
{read more}
THE TANGLED WEB - WORKERS COMP, ADA, & FMLA -- SEMINAR
Employers CouncilCan you terminate an employee who is on Workers’ Comp? Do you have to keep an employee who exhausted FMLA and still can’t return to work? Before you hand the employee a termination notice, consider whether the employee may be eligible for additional time off under another law. The tangled web of Workers’ Compensation (WC), the Americans with Disabilities Act (ADA), and the Family Medical Leave Act (FMLA) continues to plague employers, but we can help sort it out. In this interactive seminar, knowledgeable Council staff will unravel the knots and provide practical guidance for moving forward. Topics to be covered include:
Basic overview of each law - who, what, when, and how long
Interplay between WC, ADA, and FMLA
Practical tips for managing employee absence and the return to work
Steps to consider before terminating an employee on leave
Dates and Locations
Ogden - Thursday, January 20 -- Comfort Suites -- 2250 S 1200 W, Ogden
Salt Lake City - Tuesday, January 25 -- Red Lion Hotel -- 161 W 600 S, Salt Lake City
Time -- Seminar: 8:00 a.m. - 12:00 noon (registration & breakfast buffet: 7:15 to 8:00 a.m.)
Cost -- $125 per Council member; $199 per non-member (includes full breakfast buffet and materials)
Call the Council or reply to this email with registration information or questions. You can download the registration form at http://ecutah.org/tangledweb.pdf. Full refund or credit will be given if cancellation is received one week prior to meeting.
Certification: This program is approved for 3.5 general recertification hours toward PHR, SPHR, and GPHR recertification through the Human Resource Certification Institute.
According to a report from ADP Employers Service, "Companies in the US boosted payrolls in December by the most since records began in 2001, showing a stronger labor-market recovery at the end of last year.” Employment increased by 297,000, exceeding the highest projection in a Bloomberg News survey, after a revised 92,000 rise in November."
Bloomberg projects that, "faster job growth will fuel the income gains necessary to further spur consumer spending, which accounts for about 70 percent of the economy.
A Labor Department report about to be released will show companies added 150,000 workers last month and the unemployment rate eased to 9.7 percent.
WILLIAM DALEY A STRONG CHOICE FOR WHITE HOUSE CHIEF OF STAFF
National Association of ManufacturersNAM Looks Forward to Working with Daley to Enhance Manufacturing Competitiveness
The National Association of Manufacturers (NAM) Executive Vice President Jay Timmons issued the following statement today on President Obama’s announcement that William Daley will be appointed White House chief of staff:
“Manufacturers congratulate William Daley on his appointment as the new White House chief of staff. He is a very accomplished and strong business leader. The NAM had a strong relationship with him during his days as secretary of Commerce, and we look forward to working with him again on policies that will move our country forward – especially on job creation, economic growth and global competitiveness.”
Shopfloor Blog – Carter Wood
From the Bureau of Labor Statistics, the Employment Situation Summary for December, 2010.
The unemployment rate fell by 0.4 percentage point to 9.4 percent in December, and nonfarm payroll employment increased by 103,000, the U.S. Bureau of Labor Statistics reported today. Employment rose in leisure and hospitality and in health care but was little changed in other major industries.
Dave Huether, chief economist of the National Association of Manufacturers, observes that the notable drop in the unemployment rate is the most positive news to come from the monthly BLS report.
“The fall in the unemployment rate is a good signal,” Huether said. “The improving jobs picture should boost consumer confidence early this year, and that in turn should give some momentum to the housing recovery. Housing and construction are big contributors to the economy, the manufacturing sector included, so this report overall sends a positive signal to manufacturers in the United States.”
Still, taken as a snapshot, the December figures for manufacturing are uninspiring.
Manufacturing employment changed little over the month (+10,000). Following job growth earlier in 2010, employment has been relatively flat, on net, since May. Construction employment also was little changed overall in December (-16,000). Within construction, there were job losses in heavy and civil engineering (-13,000) and in residential building (-6,000).
With just 10,000 additional jobs in manufacturing, a small sample, one should not read too much into the subcategories. Still, most of that gain of 10,000 manufacturing jobs came in durable goods: fabricated metal products, which added 4,100 jobs; transportation equipment, which includes motor vehicles and parts, up 5,500 jobs; and computers and electronic products, which rose 3,600 jobs.
The largest drop came in machinery, down 2,800 jobs.
On a year to year basis, the unemployment rate in manufacturing did improve throughout 2010. The unemployment rate for manufacturing in December 2010 was 10 percent, down from 11.9 percent a year earlier.
As for manufacturing in durable goods industries, the unemployment rate was 10.4 percent last month, compared to 13.3 percent in December 2009.
The NAM’s Huether will have more on the BLS employment report later today here at the blog.
Dave Huether – Shopfloor Blog
Today’s report by the Labor Department that the unemployment rate fell by 0.4 percentage point – the biggest drop in a dozen years – to 9.4 percent is an encouraging sign for the economy and should be a boost to consumer confidence early this year. Also, the 70,000 jobs added in October and November due to revisions from previous reports is a positive signal that the labor market gained more momentum in the fourth quarter than previously thought. However, the fact that the economy created just 103,000 jobs in December shows that employers remain somewhat cautious in their outlook.
A closer look at the report shows that in December 80 percent of the private sector job growth was concentrated in just two sectors: leisure and hospitality and education and health services. In other sectors employment edged up just 22,000.
Manufacturing ended 2010 on a somewhat positive note gaining a modest 10,000 jobs and breaking a string of four consecutive monthly losses. This is consistent with a number of previous reports that showed manufacturing conditions improved last month. For the year overall, manufacturers expanded payrolls by 136,000 in 2010, the largest yearly gain since 1997. Still, after falling by 2.2 million during the previous two years, a much-more robust and broad-based economic recovery will be needed for manufacturers to make a more serious dent in the employment losses that occurred during 2008 and 2009.
Today in Manufacturing
The nation's economy added 103,000 jobs in December and the unemployment rate dropped to 9.4 percent last month, its lowest level in 19 months ... continue
Today in Manufacturing
China is tightening environmental standards for rare earths, limiting pollutants allowed in waste water and emissions of radioactive elements and phosphorus ... continue
Quick Manufacturing News
However, the unemployment rate did fall to 9.4% in December. Click to continue
Quick Manufacturing News
The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) has a new hours of service proposal that would retain the '34-hour restart' provision allowing drivers to restart the clock on their weekly 60 or 70 hours by taking at least 34 consecutive hours off-duty. Click to continue
2011 RESOLUTIONS FOR THE REVOLUTIONS
Global Utah WeeklyFellow Globalists,
The New Year brings numerous resolutions for change and improvement. One week into 2011, I have pretty much burned out on my own personal resolutions; however, in this revolutionary new global world of challenges, we at World Trade Center Utah are TOTALLY committed to these 2011 Resolutions for this year and the future as the Global Revolutions continue:
Focus on Utah becoming a globally-minded state. At every opportunity, WTCU will remind, cajole, cheerlead, educate, motivate and facilitate the citizens of our great state to compete successfully in the rapidly expanding global marketplace. To copy from Home Depot's former slogan: Utah can go global; we can help! (and for those readers not yet proud residents of Utah, we can direct you to similar resources in your home area.)
Invest in the skills, training and education to prepare for international opportunities. My father continually reminded me that the best investment one could ever make was in education (next to buying the right engagement ring!). The STEM focus on Science, Technology, Engineering, and Math becomes more critical daily, beginning with the early grades. Utah's Dual Immersion K-12 in Chinese, Spanish and French languages is a national leader. Education is the jet fuel for preparing for global completion—we MUST be fully invested in it.
Think globally: take a trip overseas. Learn another language. Watch a foreign news channel and movie. Read The Economist or Financial Times. Shop in a non-traditional grocery store. Renew your passport. Review a world map. Quiz your children on geography, currency conversions, time zones. In short, open your mind to a very big world out there—after all, 95% of the world is outside of the United States.
Be prepared for challenges ahead. Even though Utah had the best export growth in America in 2009 (measured by expansion of our merchandise exports); and through October 2010, we are 40% ahead of the previous year's record, we have LOTS of challenges ahead of us in this new decade—we need to continually reevaluate, reinvigorate, and renew how we are preparing and responding to our international competitors, who are definitely NOT slowing down. One key approach: if you are not yet exporting, commit to evaluating how and where you could/should be selling overseas. And if you are already in one overseas market, look at which additional markets you should enter.
Plan on doubling Utah's exports in the next five years. Utah exports mean Utah jobs. Imports are obviously a key part of international trade, but by reviewing the trade deficit numbers, it's clear that Americans have figured out extremely well how to import. It's UTAH EXPORTS that drive jobs and economic growth in our great state. World Trade Center Utah will celebrate five years of existence this year, and we also plan to celebrate doubling of our exports for those five past years (from approximately$6.8 billion to about $13.6 billion). Not bad for a small state in the middle of the Rocky Mountains without a seaport! And that's only the beginning---our goal is to double exports again in the next five years, creating thousands of new, higher paying jobs in the process.
It is a constant pleasure to join with you in creating an even more successful and globally minded state—MANY THANKS to each of you for your support, example and leadership in the past and going forward.
Go Global Utah,
Lew CramerPresident and CEO, World Trade Center Utah
LETTER TO CHAIRMAN ISSA
NAM – Jay Timmons
The new chairman of the House Oversight and Government Reform Committee, Rep. Darrell Issa (R-CA-49), has asked the NAM for guidance on examples of regulations that would have a detrimental effect on manufacturers. We appreciate the new Chairman’s efforts and believe this is an important first step in working with the new Congress to ease the regulatory burden imposed by the federal government on the nation’s manufacturing base. I wanted to share with you the NAM’s response to the Chairman’s request and encourage you and your members to reach out to your elected officials to share your own stories and advice. This is not an exhaustive list of regulations that are important to the NAM.
Letter to Chairman Issa
As ever, if you have any questions or concerns, please do not hesitate to contact me at the number listed below, or by return email.
UMA WORKING FOR YOU:
MERIT/UMA HONOR SENATOR BENNET ON BEHALF OF NAMOn January 13, Merit Medical Systems in South Jordan has agreed to host a reception to honor Senator Robert with the presentation of the National Association of Manufacturers’ Award for Manufacturing Legislative Excellence. Senator Bennett was unable to attend the UMA banquet in November where other awards to Utah’s delegation were presented. Senator Bennett’s term has since expired and he is retired from the U.S. Senate.
The NAM award for legislative excellence is awarded to Congressmen who vote at least 70% of the time favorably on the NAM key issues. UMA continues to assist NAM in helping to honor the Utah Delegation.
Today in Manufacturing
Aluminum maker Alcoa said Friday it plans to restart three idled U.S. smelters, bringing back about 260 laid-off workers and hiring some new ones ... continue
EXERPTS FROM SENATOR ORRIN HATCH ON FIRST WEEK OF NEW CONGRESS
The Constitution is not ‘Proganda’-January 6, 2011"Who would have thought that simply reading the Constitution out loud on the House floor — by the very House members who the day before took an oath to support and defend it — would be met with such cynicism. Many belittled it as “symbolism,” as if that were a bad thing. One Democratic congressman dismissed reading the Constitution as nothing but “propaganda.” He is — seriously — the previous chairman of the House Judiciary Subcommittee on, yes, the Constitution.
I think this just confirms why America’s founders wrote the Constitution down in the first place. It appears that some in Congress would be just fine with the American people mistaking or forgetting the limits that the Constitution places on federal power.
Only a quarter of the people who say a detailed knowledge of the Constitution is necessary say that they have such knowledge. Reading it is the least we can do." Read the whole op-ed here.
Obama Administration must cut spending if they want the debt ceiling raised- January 6, 2011
"The Administration must understand that if Congress considers a debt limit increase, it should occur after meaningful and significant spending cuts are enacted. That means the White House will have to exert its influence over Senate Democrats to follow House Republicans’ lead to dramatically bring down spending." Read the full statement here.
No comments:
Post a Comment