Category Archives: Labor Law

With at least $700 billion dollars pledged for the economic stimulas, the question is how long will it take to see results.  Most of this money will go to awarding construction contracts to rebuild the country’s infrastructure like bridges, government buildings and roads.  This could result in a boom for the construction industry.  What we are doing is preparing to assist contractors weed through the government regulations in order to land these contracts. The normal procedure when awarding public contracts is to advertise for bids.  Qualified bidders then obtain copies of the plans and specifications and submit sealed bids.  Before the government is in a position to advertise for bids, it must have the engineers and architects prepare the necessary construction documents including the blueprints and specifications.  These are then made available to contractors in order to bid the job.  I suspect it could take months before the government is…
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As we all know we are experiencing the worst economic times since the great depression.  The unemployment rate is the highest in many years.  It is important to understand that unemployment figures are a lagging indicator of a weak economy.  The reason is simple.  When companies experience weak sales they cut back on manufacturing orders to avoid excessive inventories.  When companies cut back on production they lay off workers and increase unemployment.  We will not know when the recession will bottom out until we see the unemployment figures decline. In recessionary times it makes sense for the government to engage in deficit spending to create jobs.  The way we get out of these troubling economic times is by putting money into the hands of the workers, build confidence and job security, and encourage consumer spending. President elect Obama has proposed an economic stimulus plan designed to create 3 million jobs. …
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