Job Development and the Economic Future of the Southern Tier: Field Hearing Before the Subcommittee on Economic Growth and Credit Formation of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, Second Session, July 8, 1994, Volume 4

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Page 282 - ... time-consuming legal discovery proceedings. It should be mandatory for companies to bargain with unions over shutdown and cutback decisions, not just over the effects of those decisions as at the present time. The company must offer to begin such bargaining well in advance of implementing its decision. 4. Reasonable proposals by trade unions, impacted workers, and government to avert shutdown or dismissals must be given a fair hearing and guaranteed a fair chance to be implemented. 5. Economic...
Page 282 - ... avert shutdown or dismissals must be given a fair hearing and guaranteed a fair chance to be implemented. 5. Economic and social studies assessing employment, income, housing market and general business activity within the impacted community — made by a proper Government agency — are mandatory. 6. Failure to comply with the advance notice, duty to provide accurate information, mandatory impact study and other requirements should invoke stiff monetary penalties. In the event a firm proceeds...

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