May Day demos, Muhaimin appreciation of labour

Finance Info -the Minister of manpower and transmigration (Menakertrans), Muhaimin Iskandar convey appreciation and the appreciation of the workers and trade unions action May Day demos held safe and orderly.

"On behalf of the Government, we convey the appreciation and the appreciation of workers ' demonstrations today running a safe, orderly, and peaceful," he said in affidavits to Sindonews, Wednesday (1/5/2013).

Although still tinged rallies and demonstrations in various areas, but overall, the May Day celebrations take place in a conducive environment are assessed. Although tinged variety of dynamics of workers/labourers in conveying the aspirations.

He hopes all parties can sit together and dialogue to seek the best solution in solving some problems in the field of employment in Indonesia.

"The Government does not stay silent in response to the aspirations of the various demands of the workers/labourers. We continue to strive to find solutions that benefit all parties either employers or workers. All aspects of employment we solve a gradual and sustainable both in terms of regulation and supervision of the pelaksanaanya, "he explained.

Muhaimin said, during a Government attempt to accommodate the demands of workers/labourers, including feedback from the employers. In this regard, on the one hand the Government continues to encourage the corporate world/national industry can continue to grow and on the other workers/labourers could prosper and avoid layoffs.

Ministers of origins of the National Awakening Party (PKB) said, the workers were able to use the Institutions of cooperation (LKS) National Tripartite between workers, employers and Government to dialogue-related wage increases, outsourcing, social security and more.

"The process of dialogue between unions, the Government and entrepreneurs in the Tripartite National forum. The most important thing is preventing and avoiding LAYOFFS of workers/labour-related increase in the UMP, "said Menakertrans.

(izz)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

Fed official: labour market reform may take years

Janet Yellen, Vice President of the Federal Reserve, believed both Congress and the Fed needs to do more to lift the economy.

Janet Yellen as Vice Chairwoman of the Federal Reserve "is number two in command to Ben Bernanke and believes that the Central Bank should focus its policies on boosting the economy and the labour market.

"It will be a long road back to the market for the work." "It will be years before many workers feel they have recovered the ground lost since 2007."

As a dove, as inflation moderated more about the weak labour market the possibility of a rapid rise in prices any time soon. Those on the other side of the spectrum, known as the inflation hawks, criticism of the Fed's policy of weakening the dollar and fueling asset bubbles could, for example, in bonds or agricultural land.

Related: Federal Reserve hawks vs. doves

UMA relents to these critics in her, but due to the current low rate of inflation, said "it is entirely appropriate to" take center stage. "

It also cited the unemployment rate to 7.9 per cent and the poverty rate 15% as the signs that both Congress and the Fed needs to do more to boost the economy.

"These are not just statistics for me." "We know that long-term unemployment is devastating for workers and members of their families".

Recent policies of the Federal Reserve to keep interest rates at record lows and entails the purchase of 85 $ ?????? a month in Treasury bonds and mortgage-backed securities in an effort to lower interest rates more.

Hope to make it cheaper for consumers and businesses to borrow money, they will spend more on homes, cars and other items.

Yalin said "I believe that these steps will increase demand, and more demand means more jobs."

First published: 11 February 2013: 1: 33 pm et

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics