Tag Archive: United States Department of Labor


Obamacare Could Force Thousands Of Volunteer Fire Departments To Close

 

 

 

 

 

” Volunteer fire departments all across the U.S. could find themselves out of money and unable to operate unless Congress or the Obama Administration exempts them from the Affordable Care Act.

‘ I thought the kinks were worked out of Obamacare at the first of the month, Central Florida volunteer firefighter Carl Fabrizi told Sunshine State News.  ‘Man, oh, man, this could potentially destroy some real good companies in Florida.’

  The U.S. Department of Labor takes the term ‘volunteer’ literally, but the IRS says volunteer firefighters are technically employees if they’re on the job more than 30 hours per week, making them subject to Obamacare’s employee-mandate rules.

  Since the Obamacare law doesn’t specifically carve out an exemption for them, fire departments where 50 or more people work – either as volunteers or real employees – are expected to provide health insurance for every one of them. 

  In towns with more than one volunteer fire department, all the staffers will likely be lumped together for tax purposes, pushing many above the 50-worker threshold. 

  That could cost department of life-savers hundreds of thousands of dollars each year. Those that dump their volunteers into the federal insurance exchanges would still have to pay an annual $2,000 fine for each ’employee’ after the first 30.”

 

 

     The law of unintended consequences is the only consistent expectation one should have of any State policy . Due to the pols desire to always be passing some law or other and being seen as doing something no law is ever well thought out enough that it doesn’t end up generating more problems than it solves .

 

 

” Nationally, the Federal Emergency Management Agency reports that volunteer fire departments make up 71 per cent of America’s 1 million firehouses. Another 16 per cent are ‘mostly volunteer…’ “

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stocks Slump 1% After Jobs Report, Dow Skids 150; Vix Spikes 10%

 

 

Stock

 
” Stocks dropped more than 1 percent across the board Friday, with all key S&P sectors in the red, following a much weaker-than-expected March unemployment report in addition to ongoing worries over North Korea.

The Dow Jones Industrial Average tumbled more than 150 points, dragged byCisco and Bank of America.

The S&P 500 and the Nasdaq also slumped sharply. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, spiked above 15.

All key S&P sectors were firmly in negative territory, led by techs and financials.

U.S. employers hired at the slowest pace in nine months in March, adding just 88,000, while the unemployment rate notched lower to 7.6 percent, largely due to people dropping out of the work force, according to the Labor Department. The unemployment rate is the lowest since December 2008, while the labor force participation rate is at the lowest since 1979. Analysts polled by Reuters had expected a gain of 200,000.

Earlier this week, private sector employment and jobless claims data indicated weakness in the labor market. Reports on the manufacturing and services sectors also disappointed.”

 

 

 

 

—-

New U.S. Jobless Claims Climb 20,000 To 362,000

 

 

 

” Yet economists caution that claims could get whipsawed again, as they often do, if Washington proceeds with a so-called sequester that requires the federal government to cut as much as $85 billion in spending in the next six months. That could result in workers being temporarily furloughed or laid off, making them eligible for jobless benefits.

The monthly average of jobless claims, a more accurate number that smooths out weekly volatility, rose by 8,000 to 360,750. That’s the highest level since the first week of January

In the week ended Feb. 9, meanwhile, continuing claims increased by 11,000 to a seasonally adjusted 3.15 million.”

FEDS EXEMPT FROM UNPAID INTERN LAWSUITS SPURRED BY DOL REGULATIONS

 

 

 

 

” The lawsuit noted that unpaid internships have proliferated among many white-collar professions, including film, journalism, fashion and book publishing. As more interns have complained and the Labor Department has threatened taking action, some companies have changed their compensation policy. Fox Entertainment started paying its interns in July 2010 — most were unpaid before that — and Condé Nast adopted a policy of giving its interns a $550 stipend per semester.

Although more private sector businesses are now paying their interns, the federal government continues to offer unpaid internships. The White House internship program is an unpaid internship. Each semester, 100 interns are selected from 6,000 applicants to work at the White House. Politics Daily reported in 2010 about a happy White House intern who worked for First Lady Michelle Obama:

For the 100 interns selected every term out of a pool of 6,000, menial work like being “the bag girl” is accompanied by unique opportunities and an experience of a lifetime.

Dorsainvil, a 2009 women’s studies graduate of Emory University, was placed in the Office of the First Lady last fall. Her primary task was to read, sort, process and respond to constituent letters — hundreds of them every week. She also worked with the office’s deputy director to coordinate volunteer work and assisted with the First Lady Social Office on such events as the RFK Human Rights Awards and the state dinner for India’s prime minister.”

The Real Reason Unions Are Targeting Wal-Mart

 

The Same Reason Unions Do Everything … Hint ( It’s Not For Your Benefit

 

It’s All About The Money 

 

 

Wal-Mart employees may not know this, but the United Food and Commercial Workers International Union, which organized Black Friday’s “strikes” outside their stores, has a serious problem. Its pension funds are failing.

Most are in critical status (defined as less than 65 percent funded) or in endangered status (less than 80 percent funded), according to the union’s own reports to the U.S. Labor Department. Without an infusion of new cash, they will not be able to pay all their obligations to future retirees.

That’s why the UFCW seeks to sign up 1.4 million Wal-Mart employees — to inject fresh money into its failing plans. This union, with 1.3 million members in North America, has been unsuccessfully battling for years to organize Wal-Mart, the world’s biggest retailer. ”

 

 

If You Want To See What The Unions Are Really All About Go To UNION FACTS And See Where Their Priorities Lie .