a new kind of specialization of labor and and it's a specialization of labor by gender. he puts more and more of the agricultural work the field work on responsibility of the enslaved women, whereas more and more of the enslaved men are working as artists and craftsmen, but it's a very carefully constructed program to to take the labor that he had it on firm in the slave labor and to apply it to new kinds of farming washington understood that what he was trying to do was unprecedented and certainly he was not going to get any advice on our suggestions from the british agricultural treatises. he wrote i mean that he read and he devises a new kind of supervision of the enslaved. is original to him and it allows him to supervise labor much more closely than he ever had before. he devises these weekly work reports which eventually are kept in the format of of bookkeeping formatted even though there's no money. i mean transferred not know a monetary values being recorded but rather each plantation is in rec is indented for the number of flavors. they had and then credited for

imports are mainly made with forced labor?uest: that is a hard question to answer, but what you pointed out is that the scale is very concerning. a good way to understand that, let me ask you, like in a typical holiday gathering for your family, what is the most number of families and friends that you will see in a thanksgiving gathering before covid? host: i have a big family so let us guess somewhere around 10 to 12 people. guest: 10 to 12 people, so if a uighur family were to hold a family gathering like that about one or two of their family members would be missing because they are in concentration or labor camps. that is how widespread of concern the problem is. what makes policymaking really hard is that forced labor, they do not really just exist in that region. and a bill that just became lost year, the uighur forced labor prevention act, the goal of that act passed by congress and signed by the president was to ban imports to assume that you are -- if you're coming from that province, you are probably made with forced

it is always good to be in the house of labor. want to think you all for the work you do every day. it inspires us. secretary walsh, you are a great partner in this effort. you are a great leader. to our administration. good afternoon. before we get started, i want to say a word about the jobs report that came out today. i believe, we all showed that americans are getting back to work. what we are seeing is that things are happening at a record-setting pace. as a result of the determination and diligence of the american people, and the policy of arbitration, we will have economic recovery that continues, whether there be no doubt, the strongest in the world. again, i want to think you for the introduction the work you do every day. it is great to be back. senators, it is good to be back with you as always. my former colleagues. and of course, to be here, and we need all of you. i know we are all waiting to hear from one of the greatest friends of union labor workers -- joe biden. i've a few comments to make. all of the workers gat

we know our labor market is healing.uestion is where did all of the workers go and are they ever coming back? that is what the fed needs to know to be able to gauge exactly how tight the labor market really is and therefore how they should be set a their rate path going forward. tom: a hallmark of your work is to wait for the data. what you make of the present rate hike guessing parlor game? is there any value to it? are you saying i have to wait for pitchers and catchers to see what the red sox will do and what the rate socks -- what the rate structure will be. megan: more the latter. i think in six to nine months will be having a different conversation around demand. demand will be weakening. supply strain constraint should start to ease, the supply of labor should also start to ease as the virus abates. that is assuming there not more variants and certainly not more deadly variants. as we move through the omicron wave a lot of workers will jump back into the workforce, those who stay home either because they are sick

in addition to the permanent general laborers we are hiring, we are hiring as-needed exempt laborers. we have 15 of those and we are actively recruiting for 40 corridor workers right now. there's a lot -- we are focusing a lot of efforts on filling these critical roles. next slide please. here are some pictures of our amazing employees at work. next slide. so, i have a few slides really on the hiring impacts on public works. the first slide i don't think is is unique to public works but something important to spend a few minutes talking through. covid-19 had an extraordinary impact on us all. what we saw within our department is that really at the beginning of the pandemic, there was pretty much a freeze to hiring in the city because of budget concerns. we were talking about and were concerned about layoffs at that time, positions were not being approved. we were not being asked to fill the majority of our positions. the exception to that, the street cleaning positions and other critical essential workers. as you saw in the numbers overtime, that is an area where we did continue to f

tom: labor participation, actually the needle moved.isa: which is surprising considering a lot of people expected workers to remain on the sidelines. i am looking at moves in the markets. real yields on 10 year treasuries moving to the highest level since midyear 2020. we heard from patrick harker of the philly fed that if there was inflation that came in significantly higher, he would consider a 50 basis point rate hike in the march meeting. you think that is more on the table now that it has been? ira: i think the market is going to price for that possibility. i do not think ultimately the fed will do that. it is much more likely the fed hikes every meeting than they actually go 50 in any particular meeting. when you are leading zero, you do not want to slap the patient and hope they recover. i think it is going to be a real challenge for the fed to basically communicate that we will go regular but we will not go massively. we will not go 50 in march. could they go 50 in june? i think eventually they might do a 50. not as a first move

organized labor but public service because of the people that you know you represent. the people that you know are counting on autophytes for them and make the right decisions that are going to have an impact onnary families and livelihood. regardless of disagreements at the end of the day the underlying message i know that is most important to much of you and i know is important to kill is the fact that we want to fight for better lives for the people we represent. that is why you are going to be serving on this board, and i appreciate and honor that you accepted this opportunity. i am looking forward to seeing something change for the better for workers throughout san francisco. with that let's debt you sworn in. (applause). >> i will put on my mask. covid is running rampant and we are close to each other. place raise your right hand and repeat. i say your name do solemnly swear that i will support and defend the constitution of the united states and the constitution of the state of california against all enemies foreign and domestic that i bear true faith and allegi

the labor crisis, difficulty in getting supplies.you can get supplies, costs are through the roof. so restaurants are really in a bad space and we need the federal government to step up and replenish the restaurant relief act to create a level playing field. matt: and it's important to point out it's not just labor. food cost are at decade highs right now. and those are only some of the costs that you deal with. the irc has been instrumental in getting the help that you have gotten. what is it that you are pushing for now? dwayne: well, a year or so ago, the federal government crated the restaurant relief act, and it was a wonderful attempt at providing relief for restaurants. the restaurant business has borne the brunt of the impact of the pandemic. but it wasn't enough. congress allocated a measly $28 billion when the need was summer around $70 billion. and what that's done is created an uneven playing field where we have a case where some restaurants who did receive funding are better able to weather the storm of increased labor c

forced labor prevention act is?we know how big of an issue this is for american companies having within their supply chain some parts and products that were made using forced labor? >> yes jon it's a very good question. we could spend a long time talking about but i'll try to dissect it very succinctly. the uighurs are ethnic population in the western part of china who have faced discrimination for-- decades. this is not anything new. but what is new are the active measures the chinese government the chinese communist party has taken to enact with the united states and other western nations as well. it is a genocide through imprisonment, through forced labor, through sterilization and through other sorts of mechanisms to eviscerate this culture. and the problem is, for us in addition to be a humanitarian one is that there could be potentially an awful lot of products that are sourced from this forced labor in some way, shape, form. cotton is produced and that reason. poly silicon first solar panels lots of different

now of course is the secretary of labor. how inspiring somebody ends the circuitry of labor cares about workers. a secretary walsh, welcome and thanks for your leadership. >> thank you for that introduction. i want to thank you and every one of the center for american progress as well as my friend for cohosting this important event. it is an honor for me to be here virtually with today's distinguished panelists, not only a friend to me but certainly a champion for the workers all across the country. someone i've worked with very closely over many years and the university has access to good construction jobs because it's one of the issues we talk about more than any other. i want to begin thank you for hosting me in birmingham alabama as we launch the minimum wage federal contractors and the maryland house in the baltimore dc trade. as a former legislator myself, we have a lot in common and i know how hard you are working every single day and i want to thank everyone for tuning in today as part of the event. servants, leaders

i know the labor secretary addressed that.n you've got to think about what is happening in europe as well. b handbrake turn -- the handbrake turn that both christine lagarde and enter bailey delivered yesterday, absolutely i watering. the effect in terms of the rates market continues to be felt. italy up sharply, greece up sharply. the story goes on and on. it has been a story really of a macro mess, a top-down story we are trying to figure out this week, and a bottoms up earnings story we are trying to fold into that story. but the number of the day is definitely 400 sick to 7000. that is the number we got delivered on our bloomberg terminals. the payrolls number blowing past all expectations. even the labor secretary sounding a little bit surprised just a few moment's ago, talking to jon ferro. that brings us to the question of the day. where does this leave us? does that blowout number put 50 basis back on the table? betsey stevenson, university of michigan professor of public policy and former labor department chief econom

everything from merchants and laborers. one of the things we can also find is the existence of women. for example, we see a woman named lydia operating a boardinghouse at 115 broad street in 1810. boardinghouses were popular. we also know that widow, abigail stone operated a lady's boardinghouse with two documented female tenants, a woman named sears. abigail moved her boardinghouse from broad street to purchase street. what do we make of all this evidence? what does this suggest to you when you see the presence of women in spaces designed by this corporate entity? what do you think is happening here? what can we surmise from what we see here? >> i feel like more often it might be married, and it would also be they couldn't have property. >> yeah, she's widowed, and she has more flexibility in society because she's not covered. >> if you are a corporate business owner, and you are constructing these buildings you want to turn a profit, so they will allow women to use them they have to produce some sort of money to make thin

so for those that don't know special labor legislation or special labor laws arose and the late 19th and early 20th centuries as a way to regulate women's working conditions and shield women from economic exploitation. so these were sex-specific labor laws that determined the jobs and tasks that women were allowed to perform right at regulated their work hours for prohibited them from working at night in certain instances. sometimes gave them minimum minimum wage laws, but these these regulations were really based on the idea that all women were mothers or potential mothers and women's roles in the home necessity the extra special oversight of the government right now. so those so you have liberal-minded era opponents who love those labor laws and opposed the era as a threat to those labor laws and you also have conservative minded individuals who do not like labor laws, but they're still opposing the era so both conservative and liberal protectionists believed that women required special protection. they just differed and where that protection should come from. so for conservative p

what's causing the labor shortage?i believe it's a combination of immigration as well i think there's a general movement within our country that everybody needs to go to college and not a clear understanding of the real opportunity that the construction industry offers as far as a career. there are true careers of people making hundreds of thousands of dollars with full benefits and 401(k)s and we need to get people back into our industry. matt that is something hopefully that you can solve in that way. the material shortage maybe you won't have to deal with forever. how does it look to you right now? >> i believe things are starting to stabilize. i think it's going to be a long road until we see any real change. we've got a massive problem with once the things are actually built. there's a shortage of trucks and when the trucks break down, they don't have the appropriate pieces to fix them. it's a real bottleneck right now. matt: what does this mean for builders? i'm sure it makes your job a lot more difficult. what a

, night of labor. norma's labor movement bitterly opposed to industrial capitalism. their 1st organizing effort. first one was in louisiana black workers working in the cotton fields. they've been driven back to something that are truly like slavery. so the knights of labor began organize among them, was very successful, black and white organizing together. local officials, local people. in this town, in louisiana table to louisiana, they heard about it. the organized, organized militias called in the state. oh, state troopers carried out a huge massacre. we don't even know how many people were killed because nobody, even the chick thing was devastated to try to block this blackwood, organizing effort, brutal, vicious massacre. well, there was the 1st went on and many others goes on many other ways. i go back to my childhood, the early 19 thirty's, the labor movement was revising. celia was organizing those through workers. black and white workers were working together. when they were joined in the labor action, they asked grace conflict dissolved just as in the earl

we discussed the decline of the household system of labor. anybody want to remind us what that was all about? finally revolved around an apprentice staying with a master and they would learn the craft from this master for many many years so that they could perfect every aspect of the trade, but that wasn't very efficient. and so it led to them wanting a factory style of work or piecework where one person would specialize in a particular part of an object so that they wouldn't have to be trained as long and things could go a lot quicker rather than knowing every part of the trade in expertise. yeah, excellent. excellent. yeah other things that we want to add to that understanding of the household system of labor and it's decline yeah, annalize summarized it nice for us. that was that was really really nice. okay, so we have this household labor system the system of a master craftsman working in a trade his apprentices and his journeyman living with his family under one roof and as annalize remind us this is a fairly inefficient system and as w

opponents who love those labor laws and oppose the e.r.a. as a threat to those labor laws. and you also have conservative minded individuals who do not like labor laws but they are still opposing the e.r.a. so both conservative and liberal protectionists believed that women required special protection. they just difd in where that protection should come from. so for conservative protectionists, women's protection should primarily come from the male head of the household. they thought that government reform efforts like the sexual labor laws undermined husband's governing authority in the household. now liberal protectionists believed that government reform efforts could also serve as effective instruments of protection for women. even with those differences, show, you still have, like i said before, liberal conservative protectionist believing women needed special consideration and special protection because of their roles as mothers and caretakers of the home. so a shared desire to preserve the law's ability to treat men and women differently on account of sex after the pa

the second aspect of the labor market is our participation of employees in the labor market is back tohe level where it was pretty covid. on those two accounts we have good news to celebrate. what we are not yet seeing is a significant movement in terms of wage increases and then -- and now we are not seeing a lot either expected -- that normally should be the next step that we see. we have lower unemployment, more people living the schemes under the which they were. operating -- the output gap closing gradually, an economy returning to full capacity. we should see movement and we are not seeing a lot of it yet. a lot of the information we are getting is backward looking. we are also very attentive to what is happening and what is likely to happen. that has taken into account in our projection numbers. barely what will happen in the next few weeks and what we can see, both for our march meeting and later in our june meeting will be critically important to determine whether the three criteria of our forward guidance are fully satisfied. >> thank you. the next question goes to reuters. >

i'll ask labor secretary marty walsch next. labor secretary may labor secretary may walsch next.nter your goals and ww designs your individualized plan. with new zero point foods to choose from and ways to help you build healthy habits like drinking water and eating veggies. now is your time to live the life you love and lose the weight you want. get started at ww.com hurry! offer ends february 7th! ♪♪ i'm getting vaccinated with prevnar 20. so am i. because i'm at risk for pneumococcal pneumonia. i'm asking about prevnar 20. because there's a chance pneumococcal pneumonia could put me in the hospital. if you're 65 or older you may be at increased risk for pneumococcal pneumonia. prevnar 20 is approved in adults to help prevent infections from 20 strains of the bacteria that cause pneumococcal pneumonia. in just one dose. even if you've already been vaccinated with another pneumonia vaccine, ask your doctor if prevnar 20 could help provide additional protection. don't get prevnar 20 if you've had a severe allergic reaction to the vaccine or its ingredients. adults with weakened i

we discussed the decline of the household system of labor. anybody want to are mind us what that was about? >> it resolved around an apprentice staying with a master. they would learn the craft for many years. so they could perfect every aspect of the trade, but that wasn't very efficient, and so it lead to them wanting a factory tile of work where one person would specialize in a particular part of an object so they wouldn't have to be trained as long and things could go quicker rather than knowing every part of the trade and expeer tees. >> excellent. yeah, that was nice. that was really nice. so we have this household labor system, the system of a master craftsman working in a trade. his apprentices living with his family under one roof, and this is a fairly inefficient sl. and as we see the rise of factories and more and more folks depending on piece work, the descaling of the labor force, people becomes to rely more and more on wage labor. and we see jobs popping up and things like factories and mills. and the earliest mills happened in

he reconfigured that labor policy quite fundamentally. so layer policies, traditional commitment to public ownership of democratic control over the economy that is abandoned. and the main role for the state is to correct the market failures and try to include more and more people into market society. it's kind of neo liberalism with a more human face or what we might call progressive neoliberalism. tony blair pulled the labor party away from its socialist moors and on could it to the free market. what helped paint the new labor government has progressive with social values such as an outward embrace of multiculturalism, no matter what it was, background go back. all that follow the bottom. one is a great idea that by 2001 standing up for the country was also being claimed by a resurgent for right now reorganized around the british national party. the b and p. b and p's writes for white slogan hood over, we struck home, we've got to do some tip to sign up for ourselves. and they, the only paid was held past. ha ha, having formed it's based

s bureau of labor statistics, nearly eight million skilled labor jobs were lost from the labor force the pandemic. about half have been filled. but about four million vacancies remain in industries responsible for most transportation, construction and mechanical needs nationwide. through the pandemic, we saw an unprecedented level of boomers leave the labor market walk out of the labor market. it was the great resignation. some took early retirement as some wanted to work from home or find less demanding jobs, the lamar institute of technology president says corporate donations and financial assistance stints helped cut costs for students investment from the governor and from our legislature that l i t was one able to reduce its tuition by 47% he also says robots can fill some of the vacancies, though, will always need humans around. someone was still need the skill set to work on the computers, tradesmen say if at least 3/4 of these vacancies are not filled, the results of this shortage will be us. the consumer paying more for food, fuel and other essentials. in beaumont, texas. gio

guy: and such an important area when it comes to labor. private sector jobs in small businesses, so the health of the sector is critical. it is always great to get you on the show to talk about the nfib, to talk about what you are seeing in the data. thank you very much, sharon miller, bank of america president was small business. we got coming up for you? peloton replacing its ceo, cutting hundreds of jobs through an activist investor, indicating it is not enough, though. will more heads have to roll? this is bloomberg. ritika: this is "bloomberg markets." tune into bloomberg's monthly series "chief future officer." the latest episode featuring macy's ceo is out now. this is bloomberg. let's check in on the bloomberg first word news. the u.s. is losing patience with china regarding trade commitments reached during the trump administration. american officials say they have not seen any real signs of beijing making good on its agreement. china pledged to buy an extra $200 billion in u.s. agriculture, energy, and manufactured products throug

markets and to impose sanctions related to forced labor.is the next thing that needs to be done? >> my next project, there are other bills out there that we're working on. there is another bill that would be working with some of the activist hong kongers. i want to actually create another bill for tibetan people. but i think the next step is to try to put as much pressure as we can towards china. >> hoover: you have spoken-- you've spent a lot of time talking to both republicans and democrats on these issues. you're sort of a nonpartisan advocate for human rights. and you've also spent a lot of time going on different media outlets trying to elevate these issues. >> enes kanter freedom plays for the boston celtics, and he joins us tonight. >> hoover: now, one program you went on got more criticism than the rest, and that was tucker carlson's who-- probably because he has a history of promoting conspiracy theories, and he's been criticized for pretty xenophobic rhetoric-- you know, one of the things he has said is that democrats are trying t

we have a very tight labor market.there is no question that some people are not participating due to concern of the pandemic. let's keep in mind that the pandemic, the onset of the pandemic we were almost at the height of the baby boomer retiring. even just looking at what would happen been the change in laborforce participation in our labor force, without the pandemic, we would have seen a decline. in addition with the pandemic, we have seen access retirements. many people i think will be coming back if the pandemic is under control. let's face it, we do have a labor challenge in this country. immigration has been declining. we need to find ways to be improving our labor force participation and our labor supply because that is part of economic growth. >> related to that is a -- wages are rising because of the tidal labor market. we have seen more people coming back with the and of the pandemic. can we sustain these so the situation does not --? >> you're right. a lot of the wage growth is due to the economic, fiscal s

of the mayor of labor. the employer wants to stop. always. professor, i have just a few minutes left and i have to ask you, you've been writing about capitalism, power and democracy for decades, given where we are right now. the state of our democracy. do you see a way forward? are you still hopeful? there's always a reason to be hopeful, we have a political the just mention briefly impact of 40 years of new liberal attacks on the population. it's caused extreme social breakdown and disorder fertile terrain for a demagogue like trauma or de santis of florida or tucker carlson, myrtle live or come next. but there is a revival of san decent, honest commitment to a better world. you saw it pretty dramatically as for the george floyd murder, huge uprising, black and white. biggest in american history, coin for an n, 2 violent repression against americans. norma, support. well, came under attack, beaten back, still there are other young people organized active working very hard to overcome the most serious crisi

he reconfigured the labor party quite fundamentally. so lay policies, traditional commitment to public ownership of democratic control over the economy. that that is abandoned and the main role for the state is to correct for market failures and try to include more more people into market society. it's kind of neo liberalism with a more human face, or what we might call progressive neoliberalism. tony blair pulled the labor party away from its socialist mores and anchored it to the free market. what helped paint the new labor government has progressive with social values such as it outward embrace of multiculturalism? no matter what background go back. all that. what is a great life foot by 2001 standing up for the country was also being claimed by a resurgent for right now reorganized around the british national party, the b and p. b and fees, rights for white slogan hood oversee struck home. we've got to do some tip to stand up for ourselves and lay down the paper. telpast ha ha. cutting formed. it's based in the south of england, the

he's remain a key ally, but both as the mayor of boston, and now for secretary of labor. i was wearing 70 actually cares about the workers and secretary marty walsh welcome and thank you for your leadership. >> thank you patrick and think you for the introduction i would think you and everyone in the center for american progress as well as my friends that now to cohosting this important event and certainly an honor for me to be your virtually today's distinguished a panelist president liz shuler is a champion to families all across the country and me and another i worked with in verily and very closely over the years and out of the a university is access to good construction jobs in the priority because it is one of the issues that we talk about more than any other in my newest dear friend, mayor randall woodfin, on thank you for hosting alabama's we launched the $15 an hour minimum wage for the federal contractors and in the baltimore dc trades and is a former legislature emily trace leader myself, 11, and and i know how hard you are working everything a day. i was on th

china denying accusations that their olympic apparel has ties to labor and prison camps. that's ahead as we once ahead go behind china's wall. when you switch and bring your own devicice, we'll pay off your phone up to $800. you can keepep your phone. and keep your number. visit your local t-mobile store today. step up. prep up. to help keep you free from the risk of hiv. descovy for prep. a once-daily prescription medicine... ...that helps lower the chances of getting hiv through sex. it's not for everyone. descovy for prep has not been studied in people assigned female at birth. talk to your doctor to find out if it's right for you. descovy is another way to prep. descovy does not prevent other sexually transmitted infections, so it's important to use safer sex practices and get tested regularly. you must be hiv-negative to take descovy for prep. so, you need to get tested for hiv immediately before and at least every 3 months while taking it. if you think you were exposed to hiv or have flu-like symptoms, tell your doctor right away. they may check to confirm you are s

it's always good to be in the house of labor.hank you all for the work you do every day that inspires us, and secretary walsh, thank you, you are a great partner in this effort and a great leader in our administration. good afternoon, everyone. before we get started, i just want to say a word about the jobs report that came out today. i do believe, i think we all know that it shows the americans are getting back to work, and what we are seeing is that it's happening at a record-setting pace. as a result of the diligence and the determination of the american people and the policies of our administration, our nation's economic recovery continues to be -- let there be no doubt -- the strongest in the world. again, i want to thank mr. walsh for the introduction and the work you do every day. it's good to be back here. senator carden, it's good to be back with you, as always, my former colleagues, and, of course, to be here at iron workers' local 5 with all of you. i know we are all waiting to hear in a moment from one of the greatest