labor secretary and the labor commissioner to enforce laws passed -- mr. kiley: i asked if 85 is a good law? secretary su: i don't know what -- i don't -- tell me -- give me more what you mean by that. mr. kiley: do you think it was a good law for the state? that it passed? secretary su: one of the things that i did in my role as labor secretary in california was create -- we reached out to employers and worked -- mr. kiley: i want to give you one last chance acting secretary su. is 85 a good law, yes or no? secretary su: it's an important role -- mr. kiley: yes or no. secretary su: it's important to follow laws that are passed. chair foxx: we ask the witness answer truthfully. i recognize mr. chicano for five minutes. takano for five pheufpblts. mr. takano: thank you. great to sigh again. proud to be among the members of the asian pacific american caucus that sent a letter to president biden urging him to nominate you as labor secretary. i ask unanimous consent to enter that letter into the record. chair foxx: without objection. mr. takano: i would like t

labor. i think secretary sue, you are sitting here today only because i informed you i would issue a subpoena to compel your attendance this previously agreed to hearing. to reconsider trip cancellation. i am glad to consider that lapse in judgment. i'm unaware of this committee ever meeting consider such action for department annual hearing until now. you cannot run from this responsibility. congress and the american people have questions about how do you have been running the department. overall biden's fy 2024 budget calls for 1.5 billion more in discretionary spending for the department of labor than it received last year. considering your continued unwillingness to provide fully responsive answers to committee oversight requests, this budget increase can only be seen as a tacit nod of approval by the president that the department can continued skirting accountability to taxpayers. if enacted the budget would add 2000 federal bureaucrats at the current 17000 cannot sufficiently respond t

he's a tar labor specialist at the international labor organization on is joining us from geneva. hi, benjamin gets the you. i want to ask you about your assessment of the use supply chain low. will it make a tangible difference? well, considering that between 9 and 26 percent of the $160000000.00 children that you mentioned that are in child labor, 9.6 percent are in global supply chains. it is critically important that business step up and meet the responsibility to operate ethically without recourse to child labor in the supply chains. now there is no evidence that the supply chain legislation, mandatory due diligence even of itself, has an impact. they're not set up to measure it, so it's difficult to to say, however, we have come out and very clearly says that a mix of regulation, policy, coherence, and market based incentives are critical for responsible business conduct. and mandatory due diligence can play an important role in that so and you wide approach makes sense in that it promotes coherent so it's rather than having numerous national initiatives, you have one kind o

of labor. acting secretary you so you're sitting here todaysi only becaue i informed you that it would issue a subpoena to compel your attendance is previously agreed to hearing. and you reconsidered your cancellation party and i am glad that you reconsidered that lapse in judgment, i'm unaware of this committee ever needing to consider such action for departments annual hearings ucuntil now. you cannot run from this responsibility. congress and the market people have questions about how you have been running the department. overall, findings fy 2024 budget, calls for 1.5 billion more in discretionary spending for this department of labor, and it received last year. considering your continued unwillingness to provide fully responsive answers to committee oversight requests, this budget increase can only be seen as a nod of approval by the president, that the department can continue skirting this caaccountability. if enacted, the budget would add, 2000 and federal bureaucrats. and if the current

prohibition on the import of labor, for example, forced labor and the forced labor prevention act. we should consider how we can make more information available to increase transparency and supply chains. this committee has watched this in terms of illegal trade in animals and logging. we should not hide this critical information. i would like to enter into the record, mr. doggett and i have generated on this issue. >> without objection. >> thank you very much. >> i look forward to hearing from the witnesses on these issues as we consider proposals to update the customs walls and hope that congress facilitates that and not make it harder. i appreciate this hearing and look forward to working with you on areas of common interest and perhaps analyzing some common ground. >> thank you mr. blumenauer i will now introduce the witnesses. brenda smith is the global director of government outreach for expeditors international and the former executive assistant commissioner at cdp. next we have michael, the ceo of imported genius. next is fred ferguson, the vice president of public affairs

but the german labor market is limited. so don't you bond is recruiting outside the country as well. no one has an eye, but often with such a high demand for personnel and such a challenging labor market, we have to think about how we can so attract skilled workers to us. when it's given . one hopeful is alfonso, say daniel, the industrial machinery programmer resides in madrid. he quit his permanent job, a decision he thought about for a long time. the thing that i'm able to do, but at the end, i decided to leave. otherwise, you stay in one place in your comfort zone, but this is now the opportunity to get to know a new country in an industry that suits me. look to you, and we got so low you. for 7 months, alfonso has spend 5 hours a day studying german. he sold his car to pay for lessons. i'm with the whole band of sympathetic ear many colleagues who started the course with me, but they stopped because they couldn't afford it. so many months, this is a project that you have to be able to afford. that would be that the peo

labor. despite the programs shortcomings, farmers have no other legal option. each year the department of labor makes it harder to use the h-2a program. in the event there is a lingering doubt about whether there are sufficient numbers of workers, a few statistics will make this clear. in 2022 form is submitted 18,000 applications for certification of about 370,000 positions. as part of the certification process, these positions were advertised nationwide and farmers were required to hire any u.s. applicant that met qualifications. fewer than 300 u.s. workers accepted these positions. that is six one hundredths of 1% of available farmworker openings filled by u.s. workers. to said another way if math is not your strong suit, for every 10,000 farmworker job openings, just six were filled by u.s. workers. participating in the h-2a program is not for the faint of heart. its cost and difficulty is legendary. over the past five years, the annual labor wage rates have increased by 5%. the wages mo

lack of movers with labor-intensive have no choice but to secure the labor. the program has been plagued by complicated agents and inefficiencies, high costs, processing delays, artificial limits on which agricultural employers can participate in its most, open hostility from the department of labor. despite the numerous shortcomings farmers have no other optionle but each of the department of labor seems intent in making it harder and harder to use the program. in the event there is lingering doubt whether there is from jobs, view statistics will make this clear. 2022 from the submitted 18000 applications for certification of about 370,000 positions. these were advertised nationwide and job qualification. 300 u.s. workers except these positions. thus not 1%, it's not one half of 1%, it's 61 hundreds available farmworker openings by u.s. workers. for every 10000 farmworker job openings, just six are u.s. workers. not for thehe faint of heart evn for a government administered program causing difficulties are legendary. over the past five years they've increase

, the fair labor standards act of 1938 prohibited child labor and guaranteed minimum wages and overtime, as it does to this day. bessie was there as every aspect of the new law was tested. during her first few months on the job, her work brought her back home. [inaudible] love bessie's local girl story. one photo captured her in a pose -- [inaudible]. why wasn't she married the press reported? one said her response in this way, i haven't had time for love. but i'm not immune. i'm just uncontaminated. bessie's remarks was witty, like a line from a hepburn movie reviewing bessie's passion. second she wasn't self-conscious about being single. and third it just wasn't true. to find out about bessie's pension for passion that further derailed her chances for a federal judgeship, you are going to have to read the book. the drama of bessie's personal life never impeded her work. in her early years at the labor department, she paid her dues reviewing time sheets in damp warehouses and traveling back roads to interview vegetable pickers, packers, and log cutters. she began arguing and winning ap

labor market is.om the white house joining us is heather boushey eight a member of the white house counsel council of economic advisors. you for taking the time -- thank you for taking the time to walk us through these numbers. i guess the question we are all asking right now is lighted we continue to be confounded by the labor market? what is your sense of what is going on? why is the labor market is strong as it is? heather: this economy has been able to weather a variety of shocks over the last couple years and it remained strong. the president was clear at the beginning of the administration that the goal was to continue passive pandemic and get the economy back on track. we see the fruits of that investment to help families and employers all across the country or it communities recover from the recession that we had and into the kind of economy that was created now. 13.1 million jobs is the president took office. this is a great report and shows a lot of strength in the labor market. that is bene

the catch up is that of labor because it is, as jay said, labor-intensive. it is generally relatively low productivity and low skilled jobs in those sectors and also those jobs that are going to see the catching up with pre-covid times. and how that catch down, catch up will be resolved will be critically important for where inflation is heading, because if we see inflation going down in that service sector and movement of wages increasing at a moderate pace, then we would be in a relatively good place, but that is a total question mark for the moment. sara: it raises the question, chair powell, about if we need to see a much higher on -- higher unemployment rate in the u.s. to break inflation. chair powell: the way we think about that is there seems to be a path for labor market conditions to soften without the kind of large job losses that have happened in many prior cycles. and the reason for that is the level of job openings that still exist in the labor market, so 1.7 job openings for every person who counts as unemployed. that's been coming down. the n

states can restrict child labor lawfully, it cannot expand child labor lawfully.n many points -- i disagree there is some sort of consortium of big business. most of the violations i have been looking at were from rogue actors or franchisees. i was chief hr officer for coca-cola enterprises worldwide and we had some rogue actors. it might send a signal to these rogue actors that it's ok to do this until you get caught because the fines are fairly minimal. i don't think the laws will stand to the extent loosen. i think wisconsin allows 14-year-olds to serve alcohol. it's hard to imagine a 14-year-old serving cocktail waitress in some honky-tonk in this country. these won't stand, but the signals they may send our bad ones. >> about these being rogue actors as opposed to orchestrated larger attempts, would you like to weigh in on that? >> sure. i think with violations of y laws, there are rogue actors and larger systemic issues. with many of the recent child labor violations, these are happening across several states by large corporations. i'm not saying youth and p

and labor markets.o talking about training people and also what they are doing is making an industrial career exciting again and trying to convince young employees that you can go into engineering and you don't just get to be a mechanic, you can be a technology expert as well as that. they are doing everything. it is textbook and it is great. guy: that sounds fantastic. thank you. katrina dudley investment strategy portfolio manager at mutual series. when the two richest men in the world go out for lunch, here is the question, who picks up the bill? we will discuss that next. this is bloomberg. ♪ alix: it is 22 passed on the west coast. silicon valley starting their morning. joining us is ed ludlow. the story is in paris. you have the meeting with elon musk. what is happening there? ed: the question is when the two richest people in the world have lunch together who picks up the check? i have a slightly different answer which is they met at the hotel which lvmh owns anyway. the chef at the restaurant wa

we take a closer look at child labor practices in practice done. what will it take to reduce the number of kids work? plus a sign of the times in indonesian village finds a common language to make sure the hearing impaired are not left behind. the . my name is melissa chant, thanks for joining us in pockets. don, child labor is against the law, but is never the less widely prevalent. this has been exacerbated by catastrophic floods last year that destroyed infrastructure and made many families homeless and has been compounded by the political and economic spyro. the country has been in, in general, in the heat of us doesn't go to see if he doesn't particularly mind it, but he's also too young to understand what he might be losing out on. he said his father wanted him to stop working get a get an opportunity to conditions at my home, but we're not good. as soon as we go on, you have my father said that occasion that had gained him nothing comes about. so he said it would be better for me, want to learn the work of a car mechanic got instead of going

labor over all and then have a license to show they are not. it's very hard and enforcement is so slow as you have said and improving it is a fantastic but it's too slow they move very rapidly this i have very high volume progressive project that i know we do not have time for perhaps right now but would you mind sharing with my office some of the information you made reference to? i have a concern with the 24 month pause the solar tariffs you mentioned as i have for a long time and is not a 24 month problem. some long-term implication as much data to make the case where we can so i appreciate the opportunity to speak further on that. thank you all for your testimony for. >> thank you i recognize doctor murphy for five minutes for. >> thank you and thank you on the committee for sticking it out we have boats and everything your input is deeply, deeply appreciated. as i sit in congress more and more and more in talk with individuals it is an absolute statement. that can be made is we are at war with china. the only problem is they understand it

merits , alexander inozemtsev was presented with the hero of labor award. in the family of the hero of labor from the altai territory, grandfather and father were accountants, and he devoted his whole life to flax behind 63 years of work experience and all of them are associated with one single plant. the minister of agriculture is waiting for a traditional inspection when the minister of agriculture of the altai territory, sergey mezhin, called him, hello, we have to decide along the way. want show what ice is. yes , yes, they pulled it out from here, it turns out 3000 204 hectares poseidon sowing began eight days ago lev kalyonov comes to look at the germination process every day, even twice in the morning and in the evening. i am calm, when i drove i saw that everything was fine. yes, the driver vladislav knows personally, does this daily route drop the director off at the edge of the field, and picks up all this distance after two or three kilometers at the other end, or does vladimirovich go alone? we need to have time to go around a few more fields. s

labor economics i the labor rket are utterly centr. it is half of our mandate. we spent a lot of time talking about that. i thinkhere are structural issues tt are really not for the fed. so, we do not rlly spent a lot of time ahough we take notice of what is going on. we areot involved in discussions or debates over strikes and things like that. but we look and we see what is going on. we are making judgments about what it will take to get inflation down to 2 in the aggregate. those folks would say it was not really about that, but wages at the beginning. itbe is becoming more about that as we get into really service sector inflation which is a part of the ecomy where we have se the least progress. >> thank you,r. chairman. i am wondering what your thoughts are about systemic risk now that we are about three months past the failure of silicon valley bank. also, specifically the risks of commercial real estate and non-bank financial spirit could you further elevate those risks with higher res possibly for longer. >> so, i am tryg to think of where to start for co

the labor market remains very tight. over the past three months, payroll job gains averaged a raoe bust -- robust 283,000 jobs per month. the up employment rate moved up but remained low in may at 3.7%. there are some signs that supply and demand in the labor market are coming into better balance. the labor force participation rate has moved up in recent months, particularly for individuals aged 25 to 54 years. nominal wage growth has showed signs of easing. while the jobs to worker gap has declined, labor demand sill substantially exceeded the supply of available workers. fomc participants expect supply and demand conditions in the labor market to come into better balance over time, easing upward pressures on inflation. the median unemployment rate projection in the s.e.p. rises to 4.1% at the end of this year, and 4.5% at the end of next year. inflation remains well above our longer-run 2% goal. over the 12 months ending in april, total p.c.e. prices rose 4.4%, excluding the volatile food and energy categories, core pr

labor economics and the labor market is half of our mandate. so we spent a lot of time talking about that. there are structural issues that are really not for the fed and so we do not spend a lot of time, although we do take notice about what is going on, but we are not involved in discussions or debates over strikes and things like that. we look and see what's going on and we are making judgments about what it will take inflation down to 2% in the aggregate. as i said, and most would say it , wasn't about wages at the beginning, but it is becoming more about that as we get into service sector inflation which is part of the economy where we have seen the least progress. reporter: i am wondering what your thoughts about systemic risk now that we are three months after the failure of silicon valley bank. and also what about commercial real estate and could you elevate those risks with higher still rates possibly for longer? mr. powell: start with commercial real estate. we are watching that situation very carefully. there is a substantial amount

hero of labor.family of the hero of labor from the altai territory, grandfather and father were accountants, and he devoted his whole life to flax behind him for 63 years of work experience and all of them are associated with one single plant. waiting for what minister of large-scale agriculture gathered for a traditional inspection, when the minister of agriculture, altai territory, called him , sergey mezhin was already used to the fact that skalev's work issues had to be resolved on the way back. i am calm, when i drove i saw that everything was fine. yes, personally the driver vladislav knows that this daily route drops director at the edge of the field, and takes all this distance in 2-3 km at the other end, or vladimirovich passes good ice alone. my soul is calm. we need to have time to go around a few more fields to shake hands with the minister. both are going about their business. he started at the age of 25. he graduated from a textile technical school and came to work at the barnaul cotto

that means, increasing funding for the department of labor's bureau of labor affairs.also means that the state department tip up is funding and u.s. he i.t. funding should shift to focus on workers rights, freedom of association, prevention of forced labor, and prevention of all forms of human trafficking. second, focus on corporate accountability. all of us have seen the series in the new york times about children exploited on the night shift in slaughterhouses in the united states. it's 2023. this is appalling. corporations should face prosecution. administrative finds, and department from u.s. government contracting if they are found to have held workers, if they are found to have held children in forced labor. or if they have benefited from that forced labor. hold diplomats and they're sending states accountable for trafficking of a three and g five domestic workers. we have requested sanctions in the -- case. mandate in-person registration interviews with domestic workers on a three g five visas to prevent trafficking fight up about, and to allow them an opportuni

of the labor force, the rest of the labor force 99.9%, 160 million or so in labor force have real wagesclining that is not good labor market in my view. maria: are. cheryl: on housing costs making here we've got a lot of housing data this week right? the one thing was interesting is the builders 86% housing is existing home sales tomas is absolutely correct if you are sitting on 3 1/2% for loan you are not going to sell, then pay 7% on your mortgage, but the other side of that is builders a slowdown in pandemic for new memo sales builders giving incentives i think kind of keeping the housing market propped up if you will kind of keeping it more frothy many thought a huge breakdown in housing because of high interest rates, and that has not materialized, on existing side, that is the inventory issue, because of a lack of hoemdz for sale keeping prices elevates, on new home side other 15, 16% of the market again builders giving out incentives to bring in new buyers means a healthy housing grashth i disagree with tomas a little bit on jobs data we are getting another report in a week, but

the message is clear to labor, build on our industrial strength.n the strength of people we already have in this country, please do not undermine it. >> thank you very much for sharing your thoughts with us, david whitehouse from offshore engies u.k. we will turn now to another breaking story we are following. u.s. coast guard have launched a search and rescue operation after a submersible used to take tourists to view the wreck of the titanic went missing in the atlantic ocean. it is believed among those on board as the british billionaire adventurous and chairman of private plane firm action aviation. he posted on social media over the weekend, saying diane proud to finally an outside joint ocean gate expeditions for their rms titanic mission as a missions specialist on the sub going down to the titanic. he went on to say that despite overly cold temperatures, the weather window has opened up and we are going to attempt a dive tomorrow. the coast guard heads -- has told an investigation is underway. the operator is a company called ocean gate exp

that tight labor market, great labor market is not great labor market labor fors participation way pleaid rising under trump declining in obama, productivity way down we have fewer workers less productive in this labor market one out two of reasons product, declining not bright spot i think declining numbers down on last four months than we've seen. maria: interesting wages declining last two years built even so arriving faster than, slower rather than rate of inflation. >> yeah two fourths, productivity going down real output per work going down workers partly get pays less inflation hitting at the same time, both forces are acting to make people poorer in terms of purchasing power, i don't understand honestly why people think that is great labor market. >> julia where are jobs today? >> the sector extremelytive huge growth across that sector the production sector is one to watch, manufacturing tends to be very, very interest rate sensitive so far despite manufacturing, sharper declines in orders companies add workers to deal with backlogs during pandemic how long will that last? >> go

now i’ll tell you about the main country and in the world, the union decision of the international laborrganization is trying to accuse belarus of the absence of trade unions. and preparation for the second games of the cis countries test competitions in archery in the case of today hosting the heads of government of the eu countries, the intergovernmental council starts here, and our delegation has a number of bilateral negotiations. so roman golovchenko met with the governor of the krasnodar territory, trade turnover has almost doubled in recent years from $300 million in 2020 to $570 last year, and in four months of this it has already reached $200 million. all this is thanks to projects. for the time being, we are assembling tractors and this year we plan to open a thousand machines and a new enterprise for the production of combines is planned to cooperate in elevators and new models of tractor equipment. it's not just production. there will be quite exclusive things here, for example, specially commissioned from locals. uh, well, gardeners growers, and a new model has been develope

and people, ladies and gentlemen, the solemn ceremony of presenting gold medals to the hero of labor of the russian federation and state awards of the russian federation begins , they received a five-pointed gold star hello, dear tatyana ivanovna , we learned that you are not our hero of labor congratulate you. that's what i've lived up to, my good. you see, no more than a week has passed since tatiana was awarded babur's state award, and congratulations do not subside, girls. he honestly, i'll tell the first number. i'm so tired of congratulations filming communication and stuff. i came home, stretched out my legs on the couch and told my daughters. today, in one day, i worked out 62 years of a decree on conferring an important award, while it is printed out by a printer and placed in a modest photo frame. this is what our head brought to me on the first of may. no, say ruchel, tatiana babarova, the fourth teacher, who since 2013 received the hero of labor award, the first were from volgograd, kaliningrad region. and the saratov volokolamsk gymnasium as a teacher of russian language

the permit of labor is engaged -- the department of labor is engaged. it was encouraging to realize how many different divisions of the federal government have been combating human trafficking. we still have a lot of work to do. i am so proud of my country and my government for making a difference. thank you. >> we are so proud of you, and i will defer my other questions in written form. >> may i make one more comment? one of my concerns in the work that i do that i observe, it's pretty consistent. i think that organizations and individuals who do this work, not many of them, they're still a lot that are not survivor informed where there are not survivors at the table but they say they are survivor informed. but if they're doing a project or they are having a panel or they are having speakers, they are missing the survivors. or they may invite a survivor but the survivor is just there and others are speaking over their voices. and to me that's tokenism. and i think we need to take a look at, and i would love for your support to help, help me take a look

we were just talking to vandenberg, right from the beginning of how forced labor is and slave labor if you will. both trafficking offenses need to t be affronted and aggressivy telling she's always made that point so well. the protection act radically reformed the way the u.s. responded to human trafficking has pushed states. we had a admonishment of states with justice to sink we need more prosecute to her eyes and ears thinking that within the federal level. and thankfully every state including my own is a tremendous statute in hand. the prosecutorial discretion sing this is a priority it will make a diff considered it a difference. given traffickers have been cured and jeffrey jeffrey fc was being prosecuted pursuant too. he never got to the point the trial took place but the indicting charges. most countries the world have responded to this gross violation of human rights have enacted antitrafficking legislation. cap there's more that must be done to strengthen the u.s. in response to these crimes is more than 27 million people the estimates vary. but are still being trafficked tod

in the current market, they're not going to release labor there's labor hoarding going on. they'll adjust hours if they need to, but they will be very reluctant to >>> from the uk economy to the german economy, the german minister is speaking this morning saying burdens from energy prices weakens and less favorable financing are still having an impact in delaying the expected economic recovery economic data points to moderate recovery over the further course of the year. economic recession in the sense of more sustained downturn is not currently expected so seeing a moderate economic recovery this year, not a recession, according to the ministry's latest monthly report now, germany did enter a technical recession in the first quarter of 2023, which is, of course, defined as an economic first. a delay in the recovery is the message that roger is attempting to send. it's 107-88. >>> now, moving to china, the pboc is expecting to cut its medium-term rate tomorrow. it announced a cut to the short-term policy rate yesterday with an easing as the economic country's recovery slows

in the labor team labor experts care about digital what about?our entertainment industry with voiceovers, our athletes care. it impacts the fillets of the afl-cio. we asked different questions. it's not just about manufacturing impactsit teacher. it impacts many of the decisions were going to make about our future. the other piece was critical she mentioned this about the labor advisory committee. you can have the most perfect policy. we have had that debates people do not believe that we heard that earlier people don't trust them it doesn't matter. not going to move forward with how the protest in miami to tpp. i still get people asking me, is the most perfect solution policy. it wasn't because no one trusted it. think with the ambassadors trying to do with her new model is rebuild trust through transparency and real stakeholder engagement. we are the only country that actions labor advisory committee. one thing we are trying to do is commence other countries to create spaces set unions, society organizations, actually know it's been negotiated