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HA! A setback for Willie Green! Jobs for Americans!!!
ap-yahoo ^
| 02.17.03
| AP
Posted on 02/17/2003 2:01:17 PM PST by Registered
|
Mon Feb 17, 4:50 PM ET |
In May, 2003, Nissan North America Inc. will open the first phase of its $1.5 billion assembly plant in Canton, Miss., shown in this Dec. 2002 handout photograph. The plant will make Nissan's new full-sized Titan pickup, Quest minivans and new full-sized Nissan and Infinity sports-utility vehicles. It will be Mississippi's first auto plant, and excitement is high among job applicants angling for jobs with starting wages between $13.25 and $18.50 an hour. (AP Photo/Mississippi Development Authority, File) |
TOPICS: News/Current Events
KEYWORDS: busheconomy; jobs; jobsand; maglev; morejobs; nafta
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To: Registered
LOL. And in an odd turn of events, Registered posts a photo that has not been doctored in any way.
To: Registered
--wonder if they've knuckled under to the United Auto Workers yet?
To: Registered
Great, Japan is going to hire some American's at it's Canton Mississippi plant.
The economy is saved.....
To: Registered
Thank you!
I have been waiting for years for some one to serve as the inverted Willie Green! If his posts represented the total picture we'd have a national unemployment rate of 85%.
5
posted on
02/17/2003 2:08:28 PM PST
by
shempy
To: Joe Hadenuf; Registered; Willie Green; Sabertooth; Tancredo Fan
6
posted on
02/17/2003 2:11:53 PM PST
by
Shermy
To: Registered
Toyota's building a new plant in San Antonio expected to create around 16,000 new jobs, directly employing 2,000.
I don't know why Willie loves the bummer news so much.
7
posted on
02/17/2003 2:14:29 PM PST
by
jimt
To: Registered
U.S. economy bouncing back, reports should indicate
By CARLOS TORRES and KRISTY McKEANEY
Bloomberg News
Last Updated: Feb. 16, 2003
Washington - Housing is continuing to support economic growth, and the nation's factories are increasing production, evidence that the economy is rebounding, reports this week are expected to show.
"The economy is looking solid," said James O'Sullivan, an economist at UBS Warburg LLC in Stamford, Conn. "It's not booming, but it's not terribly weak, either."
Housing and factory figures this week should offer fresh evidence that economic growth this quarter is gaining momentum. Economists said the pace of expansion this quarter may be four times as high as the 0.7% annual rate in the final three months last year.
A report from the Commerce Department on Wednesday will probably show that builders broke ground on new homes at an annual rate of 1.78 million in January, compared with a total of 1.705 million last year, based on the median of 46 estimates in a Bloomberg News survey of economists.
Indexes measuring manufacturing in New York state and the area surrounding Philadelphia are expected to show that factory activity in both regions expanded for the fourth straight month, suggesting that production across the country is strengthening.
The prospect of war with Iraq pushed crude oil prices to a 29-month high last week. The steeper petroleum costs are starting to show up in price indexes. At the wholesale level, producer prices probably rose 0.4% in January, the biggest gain in three months, after holding steady the previous month, economists said they expect the Labor Department to report Thursday.
Excluding food and energy, the index probably rose 0.1% for the month after falling 0.3% in December, the economists survey found.
Rising gasoline and home-heating costs probably also pushed consumer prices higher last month, economists said they expect the Labor Department to report Friday. The consumer price index probably gained 0.3% last month, three times the 0.1 increase in December. Core prices are expected to rise 0.2% after climbing 0.1%.
Other reports this week:
# On Thursday, the Commerce Department will probably report that the nation's trade deficit narrowed in December to $38.5 billion from a record $40.1 billion in November, which reflected a surge in imports following the shutdown of West Cost docks a month earlier.
# Also Thursday, the Labor Department will probably report that 385,000 people filed initial applications for unemployment benefits in the week ended Saturday. It would be the seventh week in the last eight that claims have been lower than 400,000.
# On the same day, the Conference Board, a New York research group, is expected to report that January's leading indicators, a gauge of how the economy will perform in three to six months, held steady, restrained by falling stock prices, after rising 0.1 in December.
8
posted on
02/17/2003 2:14:47 PM PST
by
UB355
To: jimt; Willie Green
Willie just posts that info as FYI material. Why kill the messenger? It's just information, take it as you will.
To: Shermy; Registered
Thanks Shermy, but I've selected some excerpted facts from a related thread:
Mississippi Nissan plant attracts 61,000 job seekersAll things being equal, the odds of Eric Gilkey landing a job at Nissan's sprawling new assembly plant are a slim 1-in-15. It's just that Gilkey must compete with the 61,000 others who have applied for one of 4,000 well-paying positions the plant must fill by the end of the year. Nissan North America will open the first phase of its $1.5 billion assembly plant in May. Last year, the state lost a record number of manufacturers: 103 closed their doors taking 10,238 jobs with them. The state, as part of a $695 million incentive package to Nissan, is paying $23.5 million for its worker training.
So the Nissan plant is heavily subsidized by the state, hoping to recoup less than 40% of the jobs lost last year.
To: jimt
Toyota's building a new plant in San Antonio expected to create around 16,000 new jobs, directly employing 2,000.How many American automobile manufacturers are building new plants in Japan?
To: Willie Green
Im concerned that we Americans are loosing our really low paying jobs....Burger King ,McDonalds,and KMart are having a hard time
12
posted on
02/17/2003 2:20:38 PM PST
by
woofie
To: rellimpank
The UAW has been trying for years to get into these Japanese plants here in North America, and they are rarely successful.
The best cases involve former Big Three auto plants that were shut down, then re-opened some years later by a Japanese manufacturer. The UAW has a very hard time organizing the workers in those plants.
"I don't work for the UAW -- I work for Nissan," is a common sentiment among those (former UAW) workers.
To: babaloo999
Why kill the messenger? Killing the messenger is a long-standing human tradition, and I don't see why we should stop it now. Besides, it's fun.
14
posted on
02/17/2003 2:22:18 PM PST
by
Dog Gone
To: Joe Hadenuf
None, land in Japan is too damned expensive. That's part of why they're building plants here. Plus we're the biggest car market in the world, and the tarriffs a lot cheaper on raw material (what you import into a factory) than finished goods (what you import into a dealership). And finally the American manufacturers are still making second rate cars and having a hard time earning any money with crappy cars.
15
posted on
02/17/2003 2:23:51 PM PST
by
discostu
(This tag intentionally left blank)
To: Willie Green; Registered
"hoping to recoup less than 40% of the jobs lost last year."So the glass is "half empty?"
This should read, "It will almost increase ,by 40%, the jobs lost".
Willie, I am your Burgh friend, always will be. But you really must start thinking more positively.
Registered, why does the old song "Devil or Angel" come to mind? Good one.
To: rellimpank
I'd bet you the farm that one of the reasons they located in Mississippi is because the UAW has as much clout there as the Israeli Ambassador has at the Arab Caucus of the UN.
To: Registered
I think Willie will be disappointed they are building automobiles there. He seems to really want everyone into mass transit.
18
posted on
02/17/2003 2:29:43 PM PST
by
saminfl
To: woofie
Im concerned that we Americans are loosing our really low paying jobs....Burger King ,McDonalds,and KMart are having a hard time As you should be, it's getting to be a real problem.
19
posted on
02/17/2003 2:33:22 PM PST
by
thepitts
To: Dog Gone
Heh, it does make for some good entertainment sometimes.
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