SUNDAY, JUNE 7, 2015 | WEST HAWAII TODAY 4A in brief Thousands protest G7 summit in southern Germany GARMISCHPARTENKIRCHEN, Germany — Thousands of demonstrators packed a German Alpine resort town on Saturday to protest a wide range of causes, from climate change to free trade, before the arrival of the leaders of the Group of Seven industrialized democracies for a two-day summit. Though the demonstration in Garmisch-Partenkirchen was largely peaceful, a small group of protesters clashed with police as they marched through the town, charging at officers who responded with pepper spray. At least two protesters had to be taken away by medics for treatment. Police said one officer was also injured by the pepper spray; there were no arrests. During the demonstration, black-clad anarchists chanted slogans against police violence, anti-capitalists held signs denouncing a proposed trans-Atlantic trade deal, and peace protesters waved rainbow flags and signs with antiwar slogans. Protester Monika Lambert said she had come “to exercise my democratic rights to say that everything the G-7 decides is in the interest of the banks and capitalists.” Lambert, from the Bavarian city of Erlangen, said Germany’s history has shown that it is important to speak out. Ukraine’s frail cease-fire frustrates rank-and-file fighters DOKUCHAYEVSK, Ukraine — In this front-line town in eastern Ukraine, the ceasefire called more than three months ago seems to be only an insulting guise. Shelling rocks the area so often that dogs have learned to head for the basement at the first blast. Everyone wants the shelling to stop, both the town’s civilians and the rebels who control it. That weariness points paradoxically toward new violence. The rebels are itching for an end to the pretense and wish their leaders would give the order for a full-out assault. “We’ve asked them for Honolulu neuroscience clinic Hawaii’s most advanced brain disorder diagnostic and treatment center The first and only neurology group to offer Dense-array electroencephaloGraphy Michael B. russo, M.D. (808) 294-3332 250 Ward Ave, sTe 170 TTHHIINNGGSS GGOO BBEETTTTEERR WWIITTHH BBUUDD THINGS GO BETTER WITH BUD Whether buying or selling, take advantage of my 30+ years of real estate experience! Call Bud Norwood, R(B) Whether buying or selling, take advantage of my 30+ years of real estate experience! Whether buying or selling, take advantage of my 30+ years of real estate experience! 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Saudi Arabia downs Scud missile fired from Yemen as it targets Shiite rebels, allies RIYADH, Saudi Arabia — In a potentially major escalation of the months-long war, Yemeni rebels fired a Scud missile into Saudi Arabia early Saturday. The attack suggests that despite more than two months of airstrikes by a Saudi-led coalition, Yemen’s Shiite rebels, known as Houthis, still have the military firepower to threaten cities inside Saudi Arabia. According to the official Saudi Press Agency, two missiles launched from a Patriot missile battery shot down the Scud before dawn near the southwestern city of Khamis Mushait. The agency did not report any casualties in the attack, the first use of a Cold War-era Scud by the rebels since Saudi-led airstrikes targeting the Houthis began in late March. Yemen’s state news agency SABA, now controlled by the Houthis, said the rebels fired the Scud. The Houthis are allied with military and security forces loyal to former Yemeni President Ali Abdullah Saleh. Khamis Mushait is home to the King Khalid Air Base, the largest such facility in that part of the country. Saudis on social media reported hearing air raid sirens go off around the city during the attack. The Yemeni military was widely believed to possess around 300 Scud missiles, most of which fell into the hands of the rebels. In April, the spokesman for the Saudi-led coalition, Saudi Brig. Gen. Ahmed Asiri, implied that the Scud arsenal in Yemen had been seriously degraded as a result of the airstrikes. Pope urges Bosnians to put ‘barbarity’ of war behind them SARAJEVO, Bosnia- Herzegovina – Pope Francis heard about the horrors of Bosnia’s fratricidal war of the 1990s and its slow process of healing Saturday as he visited Sarajevo to urge Muslims, Orthodox and Catholics to put the “barbarity” of the past behind them and work together for a peaceful future. Thousands of cheering Bosnians gave Francis a joyous welcome, lining his motorcade route through the mostly Muslim city of 300,000. Another 65,000 people, most of them Catholics, packed the same Sarajevo stadium where St. John Paul II presided over an emotional post-war Mass of reconciliation in 1997. Francis said he was coming to Sarajevo for a daylong trip to encourage the process of peace and reconciliation and show his support for Bosnia’s tiny Catholic community. With Croat passports in hand, many Catholics have fled high unemployment in Bosnia to search for better opportunities in the European Union. The most poignant moment of the day came when two Catholic priests and a nun told Francis of their experiences during the war, of having been kidnapped, tortured and starved by Muslim or Serb Orthodox Christian troops and threatened with death. Moved by the testimony, Francis bowed down to one of them and asked for his blessing. By wire sources Ralph Logan, general manager of Microtrain, left, speaks with James Smith who is seeking employment during a National Career Fairs job fair in Chicago. M. SPENCER GREEN/THE ASSOCIATED PRESS For many in US, more jobs don’t mean more financial security WASHINGTON — The U.S. economy is churning out a lot of jobs these days but not a lot of financial security for many of the people who hold them. Pay growth, though improving, remains tepid. Many workers have few opportunities to advance. Others have taken temporary, part-time or freelance jobs, with little chance of landing full-time permanent work with benefits. As a result, many jobs don’t deliver as much economic punch as they used to. Part of the reason is that U.S. workers have grown less efficient in recent months. When they produce less per hour of work, their earnings power shrinks. So the economy doesn’t fully benefit from the fuel that healthy job growth normally provides. The result is a disconnect between the high number of job gains and a nagging dissatisfaction among some, both job holders and job seekers. Lena Allison lost her job as a private school kindergarten teacher in layoffs in September. Allison, 54, of Los Angeles has since worked temp jobs and struggled to find permanent work. Online job listings, she says, have made it hard to get faceto face interviews. “More people may be working jobs, but they’re like these serial part-time jobs,” she said. “They’re not life-supporting jobs.” Allison’s experiences, shared by millions of other workers, contrast with the economic momentum suggested by the May jobs report released Friday. The government added a solid 280,000 jobs. The unemployment rate ticked up slightly to 5.5 percent, but for a positive reason: More people decided to start seeking a job, and some didn’t find one. Hiring surged in the health care, retail, construction and hospitality and leisure sectors. Many analysts and investment managers cheered as average hourly wages rose at an annual rate of 2.3 percent from 2.2 percent in April, slightly ahead of inflation. “Not only are the labor markets stronger today than at any point in the past 20 years, but we are beginning to see the start of broad-based wage growth,” Rick Rieder, chief investment officer for fundamental fixed income at BlackRock, said in a client note. That declaration is rooted in the economic data. But it would surprise many Americans. Nearly half of Americans say they couldn’t afford an emergency expense of $400 without borrowing or selling something they own, according to a survey released by the Federal Reserve. A striking 60 percent of those surveyed said they expect to go without a pay raise over the next 12 months. Ben McBratney, 25, accepted a job in tech support last month at a Chicago payments company — his third job since graduating from college with a computer science degree in 2012. He’s hopeful that this one will provide a chance for advancement. “Each job has paid me a little less than the one before it, which is not the trajectory that I wanted,” McBratney said. One reason the number of new jobs has stayed strong despite sluggish economic growth is that workers have grown less efficient. Lower productivity can force employers to hire more in the short run. But it also holds down pay. Higher productivity, by contrast, would enable employers to pay more without having to raise prices on their products. But productivity — which measures output per hour worked — plunged by a 3.1 percent annual rate in the first three months of 2015 after a 2.3 percent drop in last year’s fourth quarter. It was the first time in more than eight years that productivity had fallen for two straight quarters. Productivity had expanded 2.1 percent annually, on average, since 2000. Since the recession, companies have been slow to invest in machinery, computers and other equipment that would enable their workers to produce more. “The concern is that there is no way to produce this many jobs in a slow economy without simultaneously having poor productivity growth,” says Douglas Holtz-Eakin, an economist and president of the conservative American Action Forum. “Over the long term, the absence of productivity growth is bad for workers and firms alike.” Many of the jobs added since the Great Recession ended in 2009 have been part time in low-paying industries. Those jobs deliver less economic fuel. Nearly 6.7 million part-timers would prefer full-time work — a figure that’s fallen in recent years but remains far above the pre-recession level of 4.6 million. The number of self-employed has also jumped nearly 1.6 million in the past year to 16.2 million, nearly back to pre-recession levels. The self-employed include independent construction contractors and high-priced consultants but also freelancers who struggle to get by. Growth in those areas suggests that more Americans are cobbling together livelihoods from piecemeal work. MBO Partners, which provides business services to independent workers, calculates that the number of freelancers rose to 17.9 million last year from 15.9 million in 2011. CEO Gene Zaino says the desire of companies to limit costs is driving a shift toward contract and freelance work. “Rather than hiring people, there’s a very strong inclination to get work done on a project basis,” he said. New online platforms that link freelancers with projects have facilitated the process. Many freelancers value the flexibility. But such jobs provide few or no benefits and require independent workers to track and pay taxes on their own. A report by Congress’ Government Accountability Office found that independent workers endure greater job instability and lower incomes than full-time permanent workers. BY JOSH BOAK AND CHRISTOPHER S. RUGABER AP ECONOMICS WRITERS Nearly half of Americans say they couldn’t afford an emergency expense of $400 without borrowing or selling something they own, according to a survey released by the Federal Reserve. A striking 60 percent of those surveyed said they expect to go without a pay raise over the next 12 months.
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