Tag Archive for 'jobs'

AEM Hails USMCA Entering into Force

Dennis Slater, AEM President

Association of Equipment Manufacturers (AEM) president Dennis Slater issued the following statement as the United States-Mexico-Canada Agreement (USMCA) entered into force today:
“The USMCA entering into force today is great news for equipment manufacturers and our industry’s 2.8 million men and women working across the United States and Canada,” said Dennis Slater, president of AEM. “This marks the start of a new chapter for North American trade. USMCA expands agricultural market access, establishes rules for e-commerce, strengthens labor and environmental protections, and updates customs rules that will cut red tape and make it easier for U.S. manufacturers to sell to their Canadian and Mexican customers. We applaud President Trump, Vice President Pence, Senate Majority Leader McConnell, and House Speaker Pelosi to get this agreement to the finish line.” 
AEM was an ardent supporter of the USMCA since it was first proposed. The association actively advocated for our industry’s priorities with U.S. and Canadian government stakeholders, participated in the USMCA Coalition, co-hosted the Honorable Mike Pence, Vice President of the United States, at an equipment manufacturing facility in August 2019 to raise public support for the agreement, supported the work by Chairman Neal (D-Mass.) and the nine members of the House Democrats’ Trade Working Group, and ran an ongoing public education campaign on the various benefits of a ratified USMCA. 
The International Trade Commission reported last year that the implantation of the USMCA could add up to $68 billion to the U.S. economy and create 176,000 jobs

AEM is the North American-based international trade group representing off-road equipment manufacturers and suppliers, with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry supports 2.8 million jobs in the U.S. Equipment manufacturers also contribute $288 billion a year to the U.S. economy.

IHS Markit Reports: Construction Labor Costs Stabilize as Projects Halted Due to COVID-19 Resume Work

Engineering and Construction costs fell in June, according to IHS Markit (NYSE: INFO) and the Procurement Executives Group (PEG). The current headline IHS Markit PEG Engineering and Construction Cost Index registered 49.0 in June, falling just short of the neutral mark 50; a neutral index reading indicates responders see no change in pricing. The materials and equipment portion of the index came in at 47.2, still indicating falling prices, while the sub-contractor portion came in at 53.2, signaling rising costs.

The materials and equipment sub-index recorded the fourth consecutive month of falling prices. Survey respondents reported falling prices for six out of the 12 components with only ready-mix prices increasing. Ocean freight (from Asia to The U.S. and Europe to The U.S.) continued the trend of flat pricing in June. Electrical equipment, alloy steel pipe and copper-based wire and cable also registered flat prices this month. Prices for the remaining six categories fell. With the exception of freight, all categories’ index figures rose relative to May, illustrating that although the majority of respondents noted falling prices, there were few more responders who registered price increases. 

After two months of falling labor costs, the sub-index for current subcontractor labor came in at 53.2 in June, indicating higher costs. Labor costs rose in the U.S. Northeast, Midwest and West; they fell in the U.S. South. Labor costs continued to fall in both Eastern and Western Canada.

“Construction activity has picked up over the past two months as lockdowns have been lifted; in April the construction industry lost nearly one million jobs, however in May, we saw nearly half of those jobs come back as restrictions were lifted and workers returned to worksites, albeit with new safety precautions to limit exposure to COVID-19,” said Emily Crowley, associate director, Pricing and Purchasing, IHS Markit. “Construction labor markets were facing shortages prior to the economic downturn which will limit any downside correction on wages, though we may see cuts to discretionary bonuses going forward as delays lead to a thinner pipeline of new projects, taking pressure off of labor demand in the industry.”

The six-month headline expectations for future construction costs rose in June with an index figure of 52.8, recovering from an all-time low last month. Both the materials/equipment and labor subcomponents recorded expectations of future price increases. The six-month materials and equipment expectations index came in at 53.5 this month, up from 39.9 last month, with responders expecting increasing prices for seven out of 12 categories. Expectations for sub-contractor labor registered 51.2 in June. While the U.S. West is expected to see higher labor costs in six months, labor costs are expected to stay flat in the other regions of the U.S. and both regions of Canada.

In the survey comments, respondents continued to note lower demand conditions due to the novel coronavirus (COVID-19).

To learn more about the IHS Markit PEG Engineering and Construction Cost Index or to obtain the latest published insight, please click here.

About IHS Markit (www.ihsmarkit.com)

IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

AEM Hails USMCA Senate Passage

Association of Equipment Manufacturers (AEM) senior vice president of government and industry relations Kip Eideberg issued the following statement on the U.S. Senate passing implementing language to ratify the United States-Canada-Mexico Agreement (USMCA) today: 
“Equipment manufacturers, farmers, and hardworking families across the country are thankful for today’s full congressional ratification of the United States-Mexico-Canada Agreement (USMCA),” said Kip Eideberg, AEM senior vice president of government and industry relations. “This new agreement updates the current, decades-old trade deal, supporting a modernized global marketplace. As members of the USMCA Coalition, we are proud to have joined more than 600 associations and business groups in advocating for a stronger trade deal that will add up to $68 billion to our economy, create 176,000 jobs, and preserve duty-free market access to our Canadian and Mexican trading partners. We applaud President Trump, Vice President Pence, Senate Majority Leader McConnell, and House Speaker Pelosi for their efforts to negotiate and ratify the agreement.” 
Since the creation of NAFTA two decades ago, equipment manufacturers have benefited greatly from duty-free market access to our industry’s two largest export markets, Canada and Mexico. Equipment manufacturers support 1.3 million jobs in the U.S. and 149,000 in Canada. The industry also contributes $188 billion to the U.S. and Canadian economies.Over the past two years, AEM has called on both the Trump Administration and Congress to deliver an updated North American trade agreement for the 21st century. USMCA fulfills many of our industry’s goals and strengthens North American equipment manufacturing. 
Efforts include co-hosting the Honorable Mike Pence, Vice President of the United States, at an equipment manufacturing facility earlier this year in support of the agreement, sending a letter in support of the USMCA to Chairman Neal (D-Mass.) and the nine members of the House Democrats’ Trade Working Group, and running an ongoing public education campaign on the various benefits of a ratified USMCA. AEM is also a member of the USMCA Coalition.

AEM is the North American-based international trade group representing off-road equipment manufacturers and suppliers, with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry supports 1.3 million jobs in the U.S. Equipment manufacturers also contribute $159 billion to the U.S. economy. AEM is celebrating its 125th anniversary in 2019.
Visit www.aem.org/advocacy for more information.   

Why Recruit Veterans

Beyond Workforce Development, Workforce Solutions

by Julie Davis,

Association of Equipment Manufacturers Director of Work Force Development.

Are you tired yet of pulling from the same employment pool? If the answer is yes, then you are ready to explore the new world of veteran recruitment. If you think that you’ve tried it, it doesn’t work for you or there is no one to recruit in your area, then you simply aren’t up to date. 

Why recruit Veterans?

Many companies find veterans to be more productive employees with lower turnover rates when compared to their nonveteran counterparts. Additionally, their past military background can give veterans distinctive capabilities and perspectives that can add insight and diversity to your team’s problem solving. Employers can also qualify for up to $10,000 in federal tax credits per veteran. 

There are multiple state and federal organizations that exist to connect employers with veterans. Many of them work with veterans before they leave active duty to ensure they have skills that can plug immediately into the workforce. Furthermore, just because you may not have a military base located near you is no longer a reason to exclude veterans from your search. Organizations looking to place veterans into employment include working to get veterans back to their home states if that is what they are looking for. Taking a few extra steps could mean providing a veteran the opportunity to truly come home.

Veteran Retainment

Approximately 40 percent of veterans leave their first job out of the military within a year of being hired. The transition can be challenging but there is some common sense, yet very real ways that you can position your company to retain your veterans. 

First, define what your motivation is to hire veterans. Then identify what skills, attitudes and experience would benefit your organization the most. (If you are not sure, simply find your best current employee in that position and identify their skills, attitudes and experiences.) 

Decide what a successful veteran hiring program for your organization looks like. Are you looking for just one or is this going to become a regular program? 

Identify the service branches, ranks and occupational specialties you might like to target. Don’t know? That’s okay because there’s multiple ways to connect. You could reach out to your state or local Veteran’ office and talk with someone or here are some great website you can connect with:

Understand the basics
https://content.iospress.com/articles/work/wor01987
(A brief introduction to military workplace culture)  
https://www.va.gov/VETSINWORKPLACE/docs/em_termsLingo.asp 
(Common Terms) 

Difference between the branches 
https://www.va.gov/VETSINWORKPLACE/mil_structure.asp

Difference between officer and enlisted ranks 
https://www.va.gov/VETSINWORKPLACE/docs/em_rank.asp

Civilian to Military Occupation Translator
https://www.careeronestop.org/BusinessCenter/Toolkit/civilian-to-military-translator.aspx?frd=true

While building your veteran’s program, don’t forget to tap into your secret weapon – any veterans you are currently employing. Get their thoughts about skills and areas of service that might be a good fit. Don’t forget to ask them what about working for your organization might appeal to a veteran. After all, they have stayed with you! 

There are multiple employment organizations that will connect you with veterans. A few of my favorite include:

Hero’s MAKE America (Provides 10 weeks accelerated skills training for manufacturing)http://www.themanufacturinginstitute.org/Initiatives/Military-and-Veterans/Heroes-MAKE-America/Heroes-MAKE-America.aspx 

Hire a Hero
https://www.hireheroesusa.org/hire-a-veteran/ 

Bradley-Morris, Inc. (Specifically for Skilled Technicians)
https://www.bradley-morris.com/military-recruiting-firms/field-service-technician/

Orian Talent
https://www.oriontalent.com/military-job-seekers/enlisted-technicians/

Lastly, don’t forget that to retain your veteran, you may want to consider having some supports in place to make their transition smooth. Connect them to existing veterans in your workplace, let them know about opportunities for professional growth and advancement, and consider engaging current veterans in creating the program to ensure its effectiveness. 

Veterans who are coming out of service where they have worked with heavy equipment may be a perfect fit for the construction, agriculture, mining, utility or forestry industry sectors. Don’t let taking a few extra steps keep you from your next best hire.

ARTBA Reports: Voters Approve Nearly 90 Percent of Transportation Investment Ballot Measures

Voters in 19 states Nov. 5 sent a decisive message of support for transportation investment, approving almost 90 percent of 305 state and local transportation ballot measures.
 
In total, the 270 approved initiatives are expected to generate over $9.6 billion in one-time and recurring revenue, according to the analysis conducted by the American Road & Transportation Builders Association’s Transportation Investment Advocacy Center™ (ARTBA-TIAC). Two measures in Texas are still pending.
 
“The ballot results are a great reminder infrastructure investment remains one of the few areas where red states, blue states, Republicans and Democrats can all come together,” ARTBA President Dave Bauer said.  “It should also demonstrate to lawmakers on Capitol Hill that the public will be on board for the passage of a long-term bill that significantly boosts highway and transit investment at the federal level.”
 
A complete report and an all-new interactive dashboard that filters results by state, mode, year and type of initiative are available at the Center’s flagship website: www.transportationinvestment.org.
 
The preliminary results reaffirm a decade-long trend of voters strongly supporting investments to maintain and improve their state or local transportation networks. Voters have approved 81 percent of nearly 2,000 transportation investment ballot measures tracked by ARTBA-TIAC since 2010, including this year’s results.
 
“Public support for increasing infrastructure investment continues to help local governments and the transportation construction community improve safety, mobility and overall quality of life for residents as projects get underway,” said Carolyn Kramer, ARTBA-TIAC director. 
 
Voters in Maine overwhelmingly approved, by a 76 percent to 24 percent margin, a $105 million bond measure to support transportation infrastructure projects. The vote was Maine’s seventh successful transportation bond in eight years.
 
While transportation investment fared well nationwide, Washington state voters endorsed by a 56 percent to 44 percent margin a measure that reduces or repeals certain motor vehicle taxes and fees and removes the authority to impose certain new fees without their approval. This decision will cost the state nearly $4.3 billion in state and local transportation revenue over the next six years. 
 
Voters in Colorado rejected by a 55 percent to 45 percent vote a measure that would have permitted the state to retain excess tax collections in order to fund education and transportation.
 
The 305 measures tracked by ARTBA-TIAC is the largest number ever for an odd-numbered, off-year election. Although historically most transportation measures are put on the ballot in even-numbered years when congressional or presidential elections drive higher turnout, an increasing number of measures are being considered by voters during odd-numbered years and primary elections.
 
There were 57 measures in 12 states that would raise over $20 million each, compared to 21 measures in 2017.  Of that total, 89 percent were approved.  Of 25 measures that would raise over $100 million, voters approved 92 percent.  This included a bond measure in Harris County, Texas to support transit expansions in Houston under the “Moving Forward Plan.”    
 
Of the local ballot measures, most (302 of 305) were property tax increases, primarily in Ohio (154) and Michigan (15), where many municipalities consistently ask voters to renew such assessments to pay for local roads and infrastructure repairs.
 
Additionally, local bond measures in Texas appeared on 25 ballots and received 96 percent approval, which will generate nearly $6 billion. Most of these measures established municipal utility districts.
 
The approved measures will support $7.7 billion in new transportation investment revenue and $1.9 billion in continued funding through tax extensions, renewals or protections. The timing of the market impact of these actions is difficult to project as revenue approved will last up to 25 years.
 
The Transportation Investment Advocacy Center ™ (TIAC) is a first-of-its kind, dynamic education program and Internet-based information resource designed to help private citizens, legislators, organizations and businesses successfully grow transportation investment at the state and local levels through the legislative and ballot initiative processes.