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What’s next for It’s Just Wings? | 2021-04-29

May 15, 2021 by Staff Reporter

DALLAS — Increased off-premises sales, particularly for It’s Just Wings, helped Chili’s return to sales growth in the third quarter ended March 24. The quick-service restaurant chain, continuing to rebound from COVID-19 dining restrictions, rang up sales of $749 million in the quarter, which marked an increase of 0.3% from $748.7 million in the previous year’s third quarter.

Now, executives of Brinker International, Inc., the Dallas-based parent company of Chili’s, are considering different avenues to grow It’s Just Wings, an online-only chicken wings brand. Two possibilities are takeout and tying in with sporting events.

“It’s Just Wings continues to perform well, and we’re on track to hit that $150 million target we set at the beginning of the year,” said Wyman T. Roberts, chief executive officer and president of Brinker. “Almost all of our domestic franchise partners jumped on the opportunity, and globally, several of our partners have already picked it up. Wings is now in 9 countries and 160 locations outside the US, making it a formidable brand in just its first year.”

It’s just Wings leverages existing Chili’s and Maggiano’s kitchens and cooks to sell chicken wings. It’s Just Wings began by operating through an exclusive partnership with DoorDash. Brinker International in March announced it had integrated with Google so that consumers could order pickup for the wings on Google Search and Google Maps.

“We believe takeout holds a lot of potential for us, and now that we’ve invested in the technology and infrastructure to support it, we’re working to increase awareness levels outside the delivery channel,” Mr. Roberts said. “We’ve learned a lot this year with the launch of It’s Just Wings that will leverage when we’re ready for our next virtual brand.”

A return to a more normal college football season next fall could present opportunities for the brand, he said.

“It’s been a really great year of learning around the virtual brands, It’s Just Wings and others, around how to market them effectively, about how they play to different audiences and who the target is,” Mr. Roberts said.

Brinker International in the third quarter posted net income of $33.9 million, or 74¢ per share on the common stock, which was up 10% from $30.8 million, or 83¢ per share, in the previous year’s third quarter. Third-quarter revenues of $828.4 million were down 3.7% from $860 million. The winter storm Uri that hit in February resulted in an estimated $10.5 million in lost revenues, said Joseph G. Taylor, executive vice president and chief financial officer for Brinker.

Brinker International projects fourth-quarter revenues in a range of $950 million to $1 billion.

“With the rollout of vaccines in full swing and restrictions lifting across the country, our guests’ pent-up demand for a dine-in experience is being released as well,” Mr. Roberts said. “People are finally starting to feel safer to venture out and spend more — spend some of the money they’ve been saving over the past year.”

Through the first three quarters of the fiscal year, Brinker International posted net income of $56.6 million, or $1.25 per share on the common stock, which was down 33% from $73.6 million, or $1.97 per share, in the same time of the previous year. Total revenues over three quarters were $2.33 billion, which was down 7% from $2.52 billion.

Going forward, Brinker expects to face rising costs for labor. Inflation in labor typically is in a range of 3% to 5%, Mr. Taylor said, adding in the short run the level will be at the high end of that range.

“But we’re very comfortable,” he said. “We have all the tools in place to manage through this short term.”

Originally Appeared On: https://www.foodbusinessnews.net/articles/18494-whats-next-for-its-just-wings

Filed Under: BUSINESS

China eyes asteroid defence system, comet mission

May 5, 2021 by Staff Reporter

 

China is pushing forward a mission where one space probe will land on a near-Earth asteroid to collect samples, fly back toward Earth to release a capsule containing the samples, and then orbit another comet.

(Image for Representation)

China will hold discussions on building a defence system against near-Earth asteroids, a senior space agency official said on Saturday, as the country steps up its longer term space ambitions.

Zhang Kejian, head of the China National Space Administration, did not provide further detail in his opening remarks at a ceremony for China’s space day in the eastern city of Nanjing.

China has made space exploration a top priority in recent years, aiming to establish a programme operating thousands of space flights a year and carrying tens of thousands of tonnes of cargo and passengers by 2045.

The European Space Agency last year signed a deal worth 129 million euros ($156 million) to build a spacecraft for a joint project with NASA examining how to deflect an asteroid heading for Earth.

China is pushing forward a mission where one space probe will land on a near-Earth asteroid to collect samples, fly back toward Earth to release a capsule containing the samples, and then orbit another comet, the official Xinhua news agency reported, citing Ye Peijian, an academic at the Chinese Academy of Sciences.

The mission could take about a decade to complete, Ye said.

China and Russia signed a memorandum of understanding last month to set up an international lunar research station.

Originally Appeared On: https://www.indiatoday.in/science/story/china-eyes-asteroid-defence-system-comet-mission-1794684-2021-04-25

Filed Under: BUSINESS, TECH/SCIENCE

‘Mars sucks!’ People troll Elon Musk’s idea of space colonisation

May 2, 2021 by Staff Reporter

 

Tech entrepreneur Elon Musk is usually celebrated for his ideas, but as the popular saying claims, you cannot please everyone.

Musk recently stressed the importance of space colonisation and talked about establishing a permanent presence of human beings on Mars as soon as possible.

While the idea was appreciated by a few, some have used this opportunity to express their views against the SpaceX owner and troll him, especially due to the timing as the world celebrated Earth Day on April 22.

To voice their opinion against Musk’s ideas, some activists put up a large billboard outside SpaceX’s Hawthorne campus with the message “Mars sucks”.

The billboard was reportedly set up by a creative agency known as Activista, which also tweeted out the same message.

“What doesn’t suck? #earth But the way we treat it frankly, sucks. And then, you dream of #mars. A hellhole. A barren, desolate, wasteland you can’t set foot on fast enough. Great, we got to Mars.,” the tweet read.

While some were amused by the trolling message, others criticised the ‘careless’ message and pointed out the importance of space exploration.

My head: The limited resources of Mars might be the fastest driver to create the sustainable living tech needed to save Earth though.
My heart: Epic Troll 😂

— Jonathan Davies (@jonjo) April 22, 2021

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Smart move troll a bloke who has pioneered the integration of electric cars … Activista thick as 💩

— Chris Blackburn (@BlackyCB) April 22, 2021

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Every penny spent on space exploration is worth it. If you want more money to be spent on solving Earth problems, ask governments to cut their military budgets.

— H.H. (@Hrach90) April 22, 2021

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Originally Appeared On: https://www.wionews.com/science/mars-sucks-people-troll-elon-musks-idea-of-space-colonisation-379864

Filed Under: BUSINESS, TECH/SCIENCE

Shoe scanner technology on the horizon

April 28, 2021 by Staff Reporter

 

IMAGE: The shoe scanner builds on millimeter wave technology used in passenger scanners deployed at airports to detect concealed weapons.
Credit: Photo by Andrea Starr | Pacific Northwest National Laboratory

Richland, Wash.–Take your shoes off and place them in the bin! That’s been part of the flying experience since 2006. It’s the outcome of a number of threats to the aviation sector that emerged after the fateful events of September 11, 2001, including a failed attempt by an air-borne terrorist to light a fuse hidden in his shoe.

It’s one of the most inconvenient parts of flying and one that can slow the security screening process. But one day soon, even those without a “pre-check” status may be able to keep their shoes on, step on shoe scanner, walk through a next-generation body scanner and speed safely on to their boarding gates.

The U.S. Department of Energy’s Pacific Northwest National Laboratory developed the original holographic millimeter wave scanning technology–now used at airports worldwide–which can detect a wide variety of potential weapons or threats concealed under clothing.

Next-generation security scanning

Working with the U.S. Department of Homeland Security Science and Technology Directorate, researchers at PNNL have expanded and advanced the capabilities of the original scanners, with an eye to improving the passenger experience. The result is a next-generation, high-definition scanner that can identify even smaller threats with fewer false positives. In the process, they designed a similar technology that can screen a passenger’s footwear while on their feet.

PNNL recently licensed the two technologies to Liberty Defense Holdings, Ltd., a concealed weapons detection company. Licensing government-developed technologies to the private sector is one of the missions of national laboratories like PNNL.

“Liberty Defense is committed to protecting the public through its next-generation body and shoe scanning solutions,” said Kannan Krishnaswami, a commercialization manager at PNNL. “With their leadership and experience, they are well positioned to bring PNNL-developed scanners to market, along with threat detection algorithms to enhance security for travelers and people attending events at large venues.”

Two seconds per shoe scan

A shoe scan involves the traveler pausing on a low-profile imaging platform for about two seconds. Electromagnetic waves are used to generate an image of the shoe, which is evaluated to determine if an object may constitute a threat.

The PNNL shoe scanner received an R&D 100 award in 2020 as one of the top 100 innovations of the year.

“Adding the shoe scanner in an airport setting could replace the inconvenient pre-boarding ritual of removing shoes at the checkpoint and potentially speed up the screening process by 15-20 percent,” said Liberty CEO Bill Frain. “Streamlining security processes, while still detecting threats and keeping people safe, is a win-win proposition.”

Keeping safe with your shoes and jackets on

Based on the national need researchers saw for a shoe scanner, PNNL began development using internal R&D funds. DHS funded additional development of the technology through the Science and Technology Directorate’s Screening at Speed program, while also supporting development of a new generation of millimeter wave body scanners that can provide higher resolution images at much lower cost. The original scanner design, previously developed by PNNL, has been widely used for about 15 years as a valuable screening tool at Transportation Security Agency airport checkpoints in the U.S. and abroad.

“The updated HD-Advanced Imaging Technology scanner offers much higher resolution,” said Dave Sheen, who manages the millimeter-wave technology program at PNNL. “Testing shows that the increased resolution improves potential threat detection, while dramatically reducing false alarms compared to the first-generation technology. Reducing false alarms and the secondary screenings they trigger means less direct contact between travelers and security personnel.”

The new system design includes improved antennas and significantly reduces imaging irregularities. With this advancement, airline passengers or people attending large public events may be scanned while wearing light sweaters or jackets, instead of having to take them off before walking through the scanner portal.

Advanced scanning for enhanced security operations

HD body scanners were designed to meet changing performance requirements and identify potential evolving threats, such as weapons, explosives and illicit drugs.

The HD Advanced Imaging Technology system will be able to incorporate the latest threat detection algorithms that may be developed by third parties. Its open architecture will provide operators the flexibility to select and use best-in-class threat detection algorithms instead of being limited to one specific type.

“Liberty Defense envisions building upon and enhancing the capabilities already achieved on the HD-AIT, with the intent to commercialize and manufacture the platform,” said Frain. “The goal is to seamlessly upgrade current systems at airports while preserving the existing footprint.” Frain added that the shoe scanner may be integrated into the base of the next generation HD-AIT. “We see options in various venues for separate scanners or a combined version,” he said.

Dave Atkinson, who manages PNNL’s research on aviation and explosives for DHS, sums up the teamwork that led to the licensing of the new shoe scanner technology and the next-generation HD scanner. “This is a prime example of how federal funding, combined with scientific and technical expertise at a national laboratory, and private industry investment can mature technical inventions and make them available to solve national challenges, create new jobs and increase U.S. competitiveness.”

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Pacific Northwest National Laboratory draws on its distinguishing strengths in chemistry, Earth sciences, biology and data science to advance scientific knowledge and address challenges in sustainable energy and national security. Founded in 1965, PNNL is operated by Battelle for the U.S. Department of Energy’s Office of Science, which is the single largest supporter of basic research in the physical sciences in the United States. DOE’s Office of Science is working to address some of the most pressing challenges of our time. For more information, visit PNNL’s News Center. Follow us on Twitter, Facebook, LinkedIn, and Instagram.

Originally Appeared On: https://www.eurekalert.org/pub_releases/2021-04/dnnl-sst042721.php

Filed Under: BUSINESS, TECH/SCIENCE

Will the U.S. Housing Market Crash in 2022? (Hint: It’s Unlikely)

April 23, 2021 by Staff Reporter

Many people are still concerned about the prospect of a U.S. housing market collapse over the horizon. The questions vary, but the overall theme is the same: Will the U.S. real estate market crash in 2022?

The short answer is that no one knows. As the past year has shown us, there are some things we just can’t predict. But based on past and current trends, it seems highly unlikely that the U.S. housing market will crash in 2022. The reasons for this are outlined below. Mainly, it comes down to a supply-and-demand imbalance.

Will the U.S. Housing Market Crash in 2022?

According to most analysts, a real estate market collapse or crash is not likely to happen during 2021 or 2022. The more likely scenario, according to some industry watchers, is that home prices will begin to rise more slowly in the months ahead. And that’s something we actually need at this point.

To understand the reason why a housing market crash is unlikely, we have to look at what that term means:

A real estate market collapse or crash usually follows a steep increase in prices. This price growth is often driven by the strong demand for homes, along with the speculation that demand will continue. Builders and developers then increase production to meet the demand, with more homes being built. At some point, demand begins to decline while supply is still rising. This leads to a steep drop in home values.

But that’s not where we are right now. Not even close. As of spring 2021, housing market inventory remains very low in most U.S. cities. The demand from home buyers, on the other hand, continues to soar all across the country. Low mortgage rates and other factors have increased demand among buyers, at a time when supply is seriously constrained.

While we are seeing some “overheated” conditions on the demand side (bidding wars, offers above list price, etc.), the supply side does not reflect a typical market crash scenario. Instead of having too much supply relative to demand, we currently have too little. In most real estate markets across the U.S., there just aren’t enough homes listed for sale to satisfy the demand.

Our view is that it would take a significant, unprecedented, and unforeseen economic event to cause a U.S. real estate market crash in 2022. If we learned anything from housing trends over the past year, it’s the fact that home buyers are largely undeterred by the ongoing pandemic. They’re buying homes in such numbers that inventory has fallen to record lows in many U.S. cities.

Home Prices Predicted to Keep Rising into 2022

A housing market crash in 2022 seems far-fetched at this point. Current real estate trends simply don’t support that kind of scenario. That doesn’t rule it out entirely. It just means that a price collapse appears highly unlikely.

In fact, many housing market analysts and economists have recently predicted a continued rise in home prices through the end of 2021 and into 2022. Some experts believe house values will keep rising over the coming months, but possibly at a slower pace than in 2020 and early 2021.

Earlier this month, the property data and analytics company CoreLogic published a housing market update that focused on prices. According to their report:

“Nationally, home prices increased 10.4% in February 2021, compared with February 2020 … Home prices are projected to increase 3.2% by February 2022.”

Some perspective would be helpful here. The 10.4% gain over the past year or so is much higher than the average annual increase in home values, going back 40 years or so. That’s an unsustainable level of price growth, because it far exceeds wage and earnings growth. In other words, prices can’t rise at the pace forever. Eventually, house values will level off as more and more buyers get priced out of the market.

CoreLogic’s long-range forecast calling for 3.2% price growth is a more “normal” level of appreciation. That is, it more closely resembles the annual averages of the past 40 years. So, essentially, they are predicting a return to “normalcy” as we move into 2022 — not a housing market crash.

Chart: Median home value in the United States | Source: Zillow.com

But not everyone is predicting a slowdown in price growth. In April of 2021, the real estate data company Zillow issued the following statement: “United States home values have gone up 10.6% over the past year and Zillow predicts they will rise 10.4% in the next year.” See their chart above.

Mortgage Delinquencies and Foreclosures Decline

Here’s another positive sign that makes a 2022 real estate market crash seem even less likely. Mortgage delinquencies (which occur when people fall behind on their monthly payments) have declined month after month since August of 2020. This is according to a recent report from CoreLogic.

According to Frank Martell, president and CEO of CoreLogic: “This is a good sign, and considering the improving picture regarding the pandemic and climbing employment rates, we are looking at the potential for a strong year of recovery.”

Going into the housing market crash of 2008, mortgage delinquencies and foreclosures were soaring all across the U.S. But things have changed since the better since then. Mortgage lenders are no longer offering some of high-risk products that were common during the early-2000s housing boom.

Market Conditions Vary Widely at the Local Level

It’s also worth mentioning that real estate conditions can vary widely from one housing market to the next. For example, consider the glaring difference between these two major U.S. cities:

  • The median home value in San Francisco, a city that experienced a kind of exodus last year, dropped by -2.6% over the past year or so.
  • The median price in Boise, Idaho — a city that gained a ton of new residents before and during the pandemic — rose by a shocking 30% over the past year. (Numbers provided by Zillow.)

San Francisco is a bit of an outlier here. In most U.S. cities, home prices rose over the past year to some degree.

While they probably won’t “crash” in 2022, overheated housing markets like Boise, Sacramento and Seattle will likely see slower home-price growth later this year and into next. Other markets, where prices are rising more gradually, could see a continuation of that trend going into 2022. It varies.

It’s a Different Kind of “Boom” This Time

The last housing market crash of 2008 was brought on by a combination of builder speculation, overbuilding, and reckless mortgage lending practices. “Easy” mortgage loans led to a surge in demand from newly qualified borrowers. This in turn caused a sharp rise in construction, especially in places like the Phoenix and Las Vegas metro areas.

But here again, the past does not reflect the present. Instead of overbuilding, developers have been doing the exact opposite over the past decade. They haven’t been building enough homes to meet the demand from buyers. There are many reasons for this, including labor shortages and rising material costs.

Jeffrey Mezger, CEO of the national builder KB Home, recently told CNN Business that the company has been “under-building for the last 15 years.”

According to a recent analysis from the research team at Freddie Mac, the U.S. real estate market is about 3.8 million homes short of meeting the demand from buyers nationwide. In the words of Sam Khater, chief economist at Freddie Mac: “We should have almost four million more housing units if we had kept up with demand the last few years. This is what you get when you underbuild for 10 years.”

Additionally, housing market inventory levels have plummeted over the past year in many U.S. cities. Supply was tight to begin with, going into the pandemic, and it has since gotten tighter.

According to an April 2021 report from Realtor.com: “Although the trend of sellers putting their home on the market improved slightly from February, 20.0% fewer homes were listed for sale in March [2021] than a year ago.” In some of the hottest housing markets, like Austin and Tampa, the total number of active listings dropped by 70% or more during that 12-month timeframe.

It’s hard to imagine a real estate market crash in 2022, with such an imbalance between supply and demand.

Disclaimer: This story contains housing-related forecasts and predictions that are the equivalent of an educated guess. The Home Buying Institute makes no claims or guarantees about future conditions within the real estate market or broader economy.

Originally Appeared On: http://www.homebuyinginstitute.com/news/housing-market-crash-in-2022-unlikely/

Filed Under: BUSINESS, REAL ESTATE

Return to office push could create CRE hiring spree

April 19, 2021 by Staff Reporter

 

When the COVID-19 pandemic’s impact on the commercial real estate industry is discussed, it’s often in terms of building vacancies, store closings and uncollected rents. The health crisis has impacted another sector of CRE as well however—the workforce. Companies were forced to lay off employees during the past year, but that trend could be turning around Rastegar Property Co. CEO Ari Rastegar recently told Bisnow. The executive is confident his hometown of Austin, TX is on the rise from a CRE perspective and is hiring like it. Rasetgar’s firm recently hired former Newmark executive Neal Golden.

“It’s going gangbusters,” Rastegar told Bisnow. “There’s so much talent in the marketplace from layoffs and COVID-19, unbelievable people. We’ve never seen this much talent out there. We’re bringing in seasoned C-suite execs and junior middle management.”

It will likely take a while for the CRE industry to completely rebound from the pandemic. But the combination of vaccine rollouts, decreased restrictions, more travel and companies plotting their returns to their offices has added up to the market getting closer to pre-pandemic times. Real Capital Analytics’ data showed that CRE prices in the U.S. increased 6.8% year-over-year in February. The boost has led to more hiring, re-staffing and office re-openings.

“Starting at the end of February, it seemed like hiring exponentially ramped up, and companies are continuing to hire at a faster pace,” Carly Glova, president of Building Careers, a commercial real estate talent firm told Bisnow. “We’ve also seen compensation packages increase as well, because now that companies are committed to hiring again, the desire to attract high-quality talent is paramount.”

Talent demand has been especially high at the executive level, according to CRE Recruiting founder and principal Allison Weiss. COVID-19-related layoffs and furloughs have made the industry talent pool quite deep.

“The pace of business has started to change, and companies realize they need those people back,” Weiss said. “I wouldn’t call it a frenzy, but it does feel more like pre-COVID hiring levels.”

Some uncertainty remains within CRE industry

The potential CRE hiring spree is great news for those who work in the industry. There are no guarantees of a full rebound however; some companies are still hesitant to hire more people due to another possible Coronavirus wave. They don’t want to re-staff their teams only to have to shut operations down again. Plus, the Green Street Commercial Property Price Index has not changed, Bisnow reports. As of early March, the, the index was just below pre-COVID-19 levels. The CRE industry is making slow progress however, with particular roles and skills in higher demand.

Along with executives, CRE workers with support and analytics expertise like acquisitions, investments knowledge and creative deal thinking are what companies are seeking most now. Looking ahead, people with property management skills will soon be sought after as states begin to pick up their re-openings, according to CCIM Institute Chief Economist Kiernan Conway. Brokerage is still up in the air, especially for office space, however.

“We’re still waiting to see what the model will be,” Conway told Bisnow. “Office brokers in suburban markets are in the middle of a mad dash to find and lease vintage office parks from the ‘80s and ‘90s. Urban downtowns, not so much.”

More markets are accelerating their hiring

Sectors like industrial and life sciences are still seeing high demand for experienced workers, Bisnow reports. Susie Harboth, Executive Vice President of Business Operations at Breakthrough Properties, which specializes in life sciences real estate, noted that firms in areas like Boston, San Diego, Los Angeles, New York City and Philadelphia have increased their hiring.

Meanwhile, the increase in travel and in-person events has allowed for more networking and in turn, hiring, according to Weiss. The International Council of Shopping Centers recently announced it is restarting live events later this year.

Vaccinations and company announcements about their returns to the office will dictate if these recently increased recruiting practices turn into more hires. Weiss advised that companies should take their time and think about how they rebuild their teams. The pandemic has given corporations time to step back and rethink both office and remote work models.

“My concern with the return to the office is the impact on retention and companies not being thoughtful about how they transition,” Weiss told Bisnow. “I’ve heard from a lot of candidates recently who know what’s coming and are anxious about what’s coming, and companies who do this well will increase loyalty and retention in the long run.”

Originally Appeared On: https://connectedremag.com/real-estate-news/cre/office/return-to-office-push-could-create-cre-hiring-spree/

Filed Under: BUSINESS, REAL ESTATE

Facebook faces formal Irish privacy probe into data leak

April 17, 2021 by Staff Reporter

 

Facebook Inc. faces a formal probe by its main privacy regulator in the European Union following the leak of the personal data of more than half a billion users of the social media service.

Ireland’s Data Protection Commission on Wednesday opened an inquiry following media reports earlier this month showing “that a collated dataset” of Facebook users’ personal data “had been made available on the internet,” the authority said in a statement.

Personal information on 533 million Facebook users reemerged on a hacker website in early April. The information included phone numbers and email addresses of users, the Irish regulator said in a statement earlier this month. Facebook has said the data is old and was already reported on in 2019.

Facebook said it’s “cooperating fully” with the Irish authority and that the probe “relates to features that make it easier for people to find and connect with friends on our services.” It said the features “are common to many apps and we look forward to explaining them and the protections we have put in place.”

EU Hubs

The EU’s General Data Protection Regulation, or GDPR, took effect in May 2018, paving the way for national authorities in the 27-nation bloc to levy fines on companies of as much as 4% of annual sales. Facebook is among a number of big U.S. tech giants that have set up an EU hub in Ireland.

According to the Irish agency’s last annual report, the regulator has 27 open privacy probes targeting companies such as Apple Inc. and Google, nine of which focus on Facebook.

The probe will determine “whether Facebook Ireland has complied with its obligations, as data controller, in connection with the processing of personal data of its users by means of the Facebook Search, Facebook Messenger Contact Importer and Instagram Contact Importer features of its service,” the regulator said in its statement said.

Originally Appeared On: https://tech.hindustantimes.com/tech/news/facebook-faces-formal-irish-privacy-probe-into-data-leak-71618426797480.html

Filed Under: BUSINESS

More support for older caregivers could boost U.S. economy

April 14, 2021 by Staff Reporter

 

Many family caregivers are familiar with the financial impact of trying to balance the responsibilities of their jobs and careers with their duties caring for their loved ones. But with more than 48 million caregivers across the country, those personal costs can add up to a massive toll on the nation’s economy.

New research from AARP finds that if employers and governments enacted more supports for working family caregivers age 50 and older, not only would the productivity of these workers increase, but the policies also could cause the U.S. gross domestic product (GDP) to grow by as much as $1.7 trillion by 2030. That economic boost could grow to $4.1 trillion by 2050.

“Looking at the people who are taking care of somebody, many of them either have to reduce their hours [at work], they may get passed over for a promotion, or they leave the workforce entirely,” said Deb Whitman, AARP executive vice president and chief public policy officer, during a March 26 event with Forbes magazine to discuss the results of the research. “If we could stop that [from happening], our economy would grow.”

AARP’s new analysis used data from two of the organization’s research projects, its “Longevity Economy(R) outlook” survey and its “Caregiving in the U.S. 2020” report. The two surveys identified workers age 50 and older who had to leave the workforce, reduce their working hours or pass up a promotion due to caregiving responsibilities.

The new analysis then used economic projections to determine how much GDP would grow if employers and governments offered better supports for these caregivers. For example, the economy could retain 10.7 million jobs in 2030 just by providing working family caregivers age 50-plus with policies that offered them more support. And because they were earning income, these working family caregivers could then spend an additional 7 percent by 2030 on technology products, financial services and insurance, transportation services, and motor vehicles, according to AARP’s analysis.

The report also examines the disparities among older adults who are working while also serving as family caregivers. Women are the majority of family caregivers, and they often experience more adverse employment consequences than men as a result of caregiving. Older employed women are more likely than men to cut back on hours, take a leave of absence or drop out of the labor force because of caregiving responsibilities.

Silver lining of pandemic

Workplace policies that support family caregivers include options such as flexible hours, telework options, paid time off and family medical leave, affordable backup care and referrals to community resources. Many employers implemented some of these policies temporarily in 2020 as more companies shifted to working from home to deter the spread of the coronavirus pandemic.

The question now is how these employers will apply their pandemic practices and experiences to their workforce once more companies are able to reopen their offices.

The telework options many workers received due to COVID-19 offered “a huge benefit for family caregivers to be available for their loved ones and have flexible work so they can take them to their appointments and other things they need,” Whitman said during the event. “I hope that [flexibility] continues and so five years from now this won’t be a blip where everybody knew that it could get done and then we forgot that it actually worked.”

“One advantage of COVID is it did shine that light on family caregiving,” Nancy LeaMond, AARP’s executive vice president and chief advocacy and engagement officer, said during the event. “Probably many people who didn’t think they were family caregivers — they might be driving their parents or their grandparents to a doctor’s appointment, or doing grocery shopping — kind of suddenly, it came into focus that indeed they were part of the 38 million” who are family caregivers.

“It’s very important that the corporate or employer culture recognizes family caregivers and knows that people may be giving their all to the mission of the organization every day, but at the same time, they have other family responsibilities,” LeaMond said.

Kenneth Terrell covers employment, age discrimination, work and jobs, careers, and Congress for AARP. He previously worked for the Education Writers Association and U.S. News & World Report, where he reported on government and politics, business, education, science and technology, and lifestyle news.

Originally Appeared On: https://www.sandiegouniontribune.com/caregiver/news-for-caregivers/story/2021-04-12/more-support-for-older-caregivers-could-boost-u-s-economy

Filed Under: BUSINESS

Amazon Employees in Chicago Demand Accommodations for ‘Brutal’ Shift

April 2, 2021 by Staff Reporter

All week, National Labor Relations Board officials have been counting the votes in a historic unionization election at an Amazon facility in Bessemer, Alabama. It could become the first-ever union workplace for the nation’s second-largest private employer.

In Chicago, workers demonstrated Thursday morning outside an Amazon warehouse as they put pressure on the company for accommodations to what some employees call brutal conditions.

It began on Jan. 25, when Amazon employees say they were told the company was shutting down its 150,000-square-foot distribution center in McKinley Park on the South Side, known as DCH1. It’s scheduled to close Friday, according to workers.

Amazon has been expanding fast in the Chicago area over the past year. The company says DCH1 is one of its older facilities, so it’s not renewing its lease and is instead transferring workers to three newer sites to better serve customers. Some employees say that’s not the whole story, describing the workplace as “filthy” and complaining of safety issues.

Last April, a group of workers at DCH1 now known as Amazonians United Chicagoland organized what they called safety strikes, demanding personal protective equipment, cleaning protocols and other COVID-19 safety measures.

“People were getting sick and we weren’t notified about it,” said employee Rakyle Johnson. “They would broadcast themselves on social media informing us they were sick, they had COVID. We as a group decided that something must be done.”

Amazon Employees in Chicago Demand Accommodations for ‘Brutal’ ShiftRakyle Johnson (WTTW News)

Amazonians United says its efforts were largely successful. Now, their organizing has a new focus. Employees say earlier this year when they were told DCH1 was shutting down, they were also told their hours would be changed to shifts called megacycles: working 10.5 hours, from 1:20 a.m. to 11:50 a.m.

“Mothers have to be home with their children because they have e-learning, or they have to get them up in the morning, or they have to make sure that they’re down for the night,” Johnson said. “I have medical issues – I just found out three months ago that I’m a diabetic. So that’s interfering with the schedule that I have to ensure that I’m taking the medication that I need.”

Workers came up with a list of accommodations for people working megacycles. They’re seeking a $2 per hour raise; accommodations for employees who can only work part of the shift because they need to care for children or for medical reasons; ride-share trips to and from work, which they say the company provides in New York City; and full 20-minute breaks without managers cutting them short.

“Whether we need to keep on handing out petitions or we’re going to go back to the route of doing protesting or something else, we’ll take those actions that are necessary, because we’ve been put in way too many situations to not be given the privileges that we’re asking for that are given at other facilities as well,” said Amazon worker Bekim Mehmedi.

Amazon declined a request from WTTW News for an interview, but touted the pay, benefits and flexibility that employees are offered.

“We are excited to have recently launched three new, next generation delivery stations for DCH1 employees where they can continue to work and grow as an integral part of the Amazon team in state-of-art facilities. Our associates are the heart and soul of our operations, and we are happy to continue to offer great, flexible career opportunities in world class facilities,” an Amazon spokesperson said in a statement.

“You pride yourself on taking care of your workers or ensuring your workers safety, all we’re doing is holding you to it,” Johnson said.

Workers demonstrated Thursday, April 1, 2021 at the Amazon facility in Gage Park known as DIL3. (WTTW News)Workers demonstrated Thursday, April 1, 2021 at the Amazon facility in Gage Park known as DIL3. (WTTW News)

Robert Bruno, professor of labor and employment relations at the University of Illinois, describes Amazonians United a sort of alternative labor organization – groups he says have been effective in the restaurant and garment industries, and even Silicon Valley.

“They’re not recognized as formally a labor union under the law, but they advocate for workers and they use public advocacy campaigns. They could also use lawsuits to try to improve working conditions,” Bruno said.

Bruno says formal labor unions have the greatest legal weight behind them, and that if Amazon employees in Alabama vote to unionize it could have effects in Chicago and around the nation.

“Once a beachhead is created … it creates the opportunity to organize in other places,” Bruno said.

The workers we spoke with say they’re open to the idea of a union, but that it has to be responsive to their needs. For now, as workers from DCH1 transfer to other locations around the city, they’re focused on getting accommodations for employees working megacycles and keeping up the momentum behind their organizing.

“Unfortunately, these issues are not just in one site,” Mehmedi said. “I want everybody who wears this (employee) vest to know that it doesn’t matter if you’re by yourself or you’re with the whole shift, standing up for yourself is important.”

Amazon is also facing unfair labor practice charges at the National Labor Relations Board claiming the company intimidated employees who participated in coronavirus-related demonstrations at DCH1, and is currently in talks with the NLRB.

Originally Appeared On: https://news.wttw.com/2021/04/01/amazon-employees-chicago-demand-accommodations-brutal-shift

Filed Under: BUSINESS

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