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- Toyota Motor Q2 FY 2027 Results – First Growth in Three Years!
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- Annals of Marketing – Dodge Returns to NASCAR
- Acura Begins U.S. Sales of NSX Reproduction Parts
- Lexus Recall for Instrument Panel Display Failures
- Audi to Build First American Plant in Georgia
- GM Q3 2026 Net $3.3B. More Share Buybacks Coming
- Toyota Installs Two Hydrogen Fueling Stations in Ontario CA
- WEC Barcelona – Toyota Racing Takes Manufacturers’ Title
- Park Outside! Genesis Recall for Power-Seat Motor Fires
- New UAW International Executive Board Sworn In
- First Look – Porsche Mission S Sports Car Concept Debut
- HondaJet APMG S Upgrade Approved by EASA
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- Governor Gretchen Whitmer on Trump Mis-Administration – Record High Gas Prices Persist
- NHTSA on Steering Loss – Ford Recalls F-Series Trucks
- AAA on AAA – August 20 Gasoline Prices Highest Ever!
- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
- Jeff Badman on Ford Motor Recalls 850,000 Vehicles for Sudden Stalling
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Tag Archives: unemployment
GM to Invest $2 Billion in U.S. Plants, Depending on Tax Breaks
Critics, of course, say the cost per job – when you total all the loans and tax breaks – is exorbitant, especially since what is mostly going on these days is the retention of existing jobs long after jobs move South to non-union transplants. Continue reading
Unemployment Insurance Claims Rise for Fourth Straight Week
This is a clear sign that the U.S. economy is not creating jobs as both political parties maneuver for advantage in the upcoming presidential election with no apparent desire to address current economic problems. Continue reading
Posted in auto news, economy, labor issues, transportation
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, job creation, jobs, Ken Zino, u.s. economy, unemployment
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U.S. Unemployment Remains Above 9% in December. Economy Adds Few Jobs. More than 14 Million People Out of Work
In spite of massive, multi-billion dollar deficit spending by the federal government, job growth is virtually non-existent and well below the rate of population growth of people entering the workforce, according to year end statistics.
In December, the unemployment rate fell by 0.4% of a percentage point to 9.4%, and nonfarm payroll employment increased by a mere 103,000. More than 14.5 million people are out of work. Official statistics drastically understate the actual number of unemployed or under employed people in the United States. It appears there is no end in sight to massive unemployment, decreased tax revenues and record breaking deficit spending.
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Posted in auto news
Tagged auto informed, auto news, autoinformed.com, automotive news, bls, bureau labor statistics, Ken Zino, u.s. unemployment, unemployment, zino
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UAW Defends Korean FTA as Other Unions Protest Deal
In a late Friday afternoon e-mail to its members and supporters, the United Auto Workers Union defended its endorsement of the revised and still controversial Korean FTA or so called Free Trade Agreement. The defense came after the heads of … Continue reading
Posted in auto news, economy
Tagged afl-cio, auto informed, autoinformed, autoinformed.com, cwa, eu korean fta, Ford, hyundai, Ken Zino, kia, Korean free trade agreement, Korean fta, richard trumka, trade, trade imbalances, u.s trade deficit, uaw, unemployment, usw, zino
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Fuel Economy Regulations Risk Huge Job Losses, While Increasing Environmental Damage, CAR Study Predicts
This comes as the U.S. national unemployment rate hovers at an official 9.8%, which is an understated number since it doesn’t include under-employed, forced retirees or beaten down job seekers who are the victims of Republican ‘socialism and tax cuts for the rich’ policies. Continue reading
Posted in auto news, AutoInformed Editorial, economy, environment, fools 'n frauds, fuel economy or emissions, global warming, public health
Tagged auto informed, autoinformed, autoinformed.com, cafe, car, center for automotive research, economy, fuel economy regulations, ghg, job losses, Ken Zino, mcalinden, regulations hurting jobs, unemployment, zino
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AFL-CIO Rejects Korean FTA. New Trade Policy Called For
The proposed Korean Free Trade Agreement (FTA) with the U.S. should be rejected by the Congress because its investment and government procurement provisions will encourage “offshoring,” according to AFL-CIO President Richard Trumka. His statement came after the Detroit Three auto companies … Continue reading
Posted in auto news, economy
Tagged afl-cio, auto informed, autoinformed, autoinformed.com, cwa, eu korean fta, Ford, hyundai, Ken Zino, kia, Korean free trade agreement, Korean fta, richard trumka, trade, trade imbalances, u.s trade deficit, uaw, unemployment, usw, zino
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Korean Free Trade Agreement gets UAW, Ford Support
Two of the biggest automotive opponents of the controversial Korean Free Trade Agreement – the Ford Motor Company and the UAW – have reversed their opposing positions following modifications late last week that keeps tariffs on Korean auto exports to the U.S. while eliminating them on U.S. automotive exports.
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Posted in auto news, economy
Tagged auto informed, autoinformed, autoinformed.com, Ford, hyundai, Ken Zino, kia, Korean free trade agreement, Korean fta, trade imbalances, u.s trade deficit, uaw, unemployment, zino
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U.S. Unemployment Rises to 9.8% in November
As the lame duck U.S. Congress bickers along partisan lines, unemployment rose to 9.8% in November. Continue reading
Posted in auto news, economy
Tagged auto informed, auto news, autoinformed, autoinformed.com, bls, bureau labor statistics, Ken Zino, new car sales, u.s. unemployment, unemployment, zino
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