Good morning everybody. Im going to call the meeting to order here. My name is Mark Trumbull and im the editor of the Christian Science monitor. Welcome and especially welcome to our guest. Todays guest is liz shuler of the afl cio. She is president of the Labor Federation and were very glad to have you with us again as another labor day weekendrolls around. A little background, president shuler grew up in a union household. Her father was a power lineman and longtime member of the electrical workers local 125 portlandgeneral electric. In oregon. And her mother worked in the Companies Service and design department. Miss shuler attended university of oregon and insert my own day docs go docs phrase sense that the alma mater of my fatherinlaw. During college miss shuler worked summers at the Electric Company and i would say or life since then is testament there can be a future forpeople who are in journalism degrees. After graduation she returned to Portland General Electric to organize
My name is mark trumbull, economy editor of the Christian Science monitor. Welcome to our guests. Todays guest is liz schuler of the aflcio. She is the president of the Labor Federation and we are very glad to have you with us again as another Labor Day Weekend rolls around. A little background, president schuler grew up in a union household. Her father was a power lineman and longtime member of the electrical workers local 125 at Portland General Electric in oregon. Her mother worked in the companys service and design department. Ms. Schuler attended the university of oregon and i might insert my own go ducks here, since that is the alma mater of my fatherinlaw. During college, ms. Schuler worked summers at the electric company. I would say her life since then is testament that there can be a future for people who earn journalism degrees. After graduation, she returned to Portland General Electric to organize workers who were in nonunionized, clerical roles, like her mother. She then
My name is mark trumbull, economy editor of the Christian Science monitor. Welcome to our guests. Todays guest is liz schuler of the aflcio. She is the president of the Labor Federation and we are very glad to have you with us again as another Labor Day Weekend rolls around. A little background, president schuler grew up in a union household. Her father was a power lineman and longtime member of the electrical workers local 125 at Portland General Electric in oregon. Her mother worked in the companys service and design department. Ms. Schuler attended the university of oregon and i might insert my own go ducks here, since that is the alma mater of my fatherinlaw. During college, ms. Schuler worked summers at the electric company. I would say her life since then is testament that there can be a future for people who earn journalism degrees. After graduation, she returned to Portland General Electric to organize workers who were in nonunionized, clerical roles, like her mother. She then
Bans. And i havent made any decisions yet. I managed overdub past month to have some conversations about what my future might look like and i am excited by some of the possibilities. I am sure you guys will be among first to know. Let me i will it is not my last briefing and i will probably have a few more polished things to say at some point before i go, but off the cuff i wanted to thank the president , the Vice President , first lady, joe biden, chief staff i had the privilege to work with including Dennis Mcdonald and everyone here. There will be another time for more of that. Found it has been an amazing experience. So fulfilling and i said as we surprise some folks in here in the minutes before i came out, that probably the best part of its is in mid flight you dont often make a whole new set of friends, not just friends but people you would fight by and for under any circumstance and that is certainly what i have been lucky enough to get over the past 51 2 years so it has been a
One might say that we are little bit tired, but we are not, right . The markets kept us up all weekend. After two days of violent selloffs, emerging markets seem to have found a bottom for now. The u. S. Is showing signs of strength. I want to take you to our chief market correspondent, car scarlet fu. Abroad. Start brazil has recovered from two days of losses and some of that money is coming back to the emerging markets, recovering from a fivemonth low. The safest investment we are seeing in the United States, plenty of damage from overnight, carnage coming from the index in indonesia, losing the most since last august. Looking at the ukraine stock been reallys difficult to pinpoint a single catalyst for the selloff. Broad forces are at work, whether it is concerned tapering to start to pull back on overall equity assets, or if it is the chinese economic weakness, signs of contraction in manufacturing. Then you have country specific issues, whether it is political instability in thail