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S eptember 18, 1996 • T he P o r tlan d O bserver
P age B6
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(The
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Finance
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^Jorthnth
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USDA&
The C linton A dm inistration reaf
firmed its prom ise o f econom ic d e
velopm ent for rural A m erica through
a landm ark agreem ent betw een the
U .S. D epartm ent o f A g ricu ltu re
(U SD A ), Burger K ing C orporation,
a n d R e s ta u ra n t S e r v ic e s In c.
(RSI).
When implemented, this new part
nership will prom ote new jo b s and
business opportunities in rural areas
for minorities.
In signing the agreem ent at a spe
cial cerem ony, USDA Secretary Dan
G lickm an praised Dayton Watkins,
A dm inistratorofU SD A ’s Rural Busi-
ness--C ooperative Service (RBS),
and W ilbur Peer, A ssociate A dm in
istrator, RBS, for their leadership in
conceptualizing and w orking out the
pioneering partnership with Burger
King and RSI officials.
USDA and Burger King officials
believe the agreem ent will be a “tre
m endous boost” tow ard expanding
entrepreneurial opp o rtu n ities and
creating new jobs forcitizens in rural
America and help feed the hungry
through cooperative efforts.
O ther key m em bers o f the team
which worked diligently in form u
lating this agreem ent w ere Jill Long
Thom pson, USDA U nder Secretary
fo r R u ra l D e v e lo p m e n t, Jo a n
urger King benefit minorities
Top officiais o f the U.S. Department o f Agriculture, Burger King
Corporation, and Restaurant Services, Inc. recently signed a
landmark agreement to promote new jobs and business
opportunities in rural areas for African-Americans and other
minorities.
Fonseca, D irector, M inority D evel
opm ent A gency, U.S. D epartm ent
o f C o m m erce, and A tto rn ey O.
Je ro m e G re en e , a c o n su lta n t to
USDA.
T he m em orandum o f understand
ing between the U SD A and Burger
K ing was faci litated by Joan Fonseca,
w ho saw the potential o f an alliance
betw een the public sector and a pri
vate sector business, such as Burger
King, which is serious about expand
ing business opportunities for mi
UAW, Ford Resume
Labor Talks
Designing a
plan of action
ILO (International Labor O rga
nization) experience has m ade it
clear that no single action against
child labor is likely to have a lasting
impact unless it forms part o f an
overall national plan.
The problem o f child labor will
not be solved overnight. It is one o f
the many facets o f poverty and un
derdevelopm ent. Resources avail
able to reduce its extent and dam -
agingefTects are by definition scarc
est in the countries that need them
the most. Priorities must therefore
be set.
The report w arns that “w orking
children should not be viewed sim
ply within the context o f labor law
which requires the im m ediate d is
missal or w ithdraw al from work o f
under-age children as such action
may in fact w ork against the chil
d r e n ’s im m e d ia te w e lfa re .” A
broader approach is required. N a
tional plans o f action must provide
for suitable alternatives, in other
w ords schools and vocational train
ing facilities.
T he problem o f child labor, I LO
concludes, is so deeply rooted and
diverse in its causes and m anifesta
tions, that only “an active and co n
certed p articipation o f all groups o f
s o c ie ty ” c a n h o p e to a c h ie v e
progress. R espect for international
labor standards needs reinforcing;
national policies need to spur im
m ediate m easures to elim inate the
m ost egregious form s o f abuse.
In the longer term , governm ent
actions need to be geared tow ard
im proved legislation and effective
enforcem ent and to address the un
derlying causes ofch ild labor, which
m e a n s “ p r o m o tin g e c o n o m ic
grow th, and even m ore im portant
ly, a type o f grow th that w ould
focus greater concern on the m ost
disadvantaged population groups,
facilitating their access to p ro d u c
tive and adequately paid em p lo y
m ent.”
Retirem ent is a tim e to
about money or to start sealing
Now Hiring
down your lifestyle. But if you
Policy Analyst-
Education
don’t start planning now, that’s
exactly what could happen.
By the time you retire, you
One full-time continuing Policy
Analyst in the Education is
sue area to work for the Leg
islative Administration Com
mittee. Salary is $3,206 -
$4,301. For application infor
mation call (503) 986-1373.
Employee Services, Room
140 State Capitol Salem OR
TTY: (503) 986-1374 FAX:
(503) 986-1684. Deadline for
application is September 27,
1996.
may need 60 percent to 80
percent o f your preretirement
annual income fo r livin g
expenses. That is why getting an early start is critical. For example,
if at age 25 you contributed $5,000 annually to a tax-deferred
retirement account and earned an 8 percent annual return on a
diversified portfolio, by age 6.5 you could end up with $1,598,905.
By comparison, if you waited un til age 40 to make the same
contribution, you could end up with $394.772.*
Your M e r r ill Lynch Financial C onsultant can make a
difference. He or she will help you develop a long-term financial
plan, advise you on investments and an asset allocation strategy
that < an help meet your financial goals.
Can you afford to retire?
So you < r r , you don’t have to be rich to retire with over a
on what steps you should take to afford the retirement you want,
The difference is Merrill Lynch.
’ Any taxable investment earning» would be raxed in the year earned.
they would
grow le u quickly The actual rate of return w ill depend on factors such a» the
•ecunuet selected and market conditions Investors should take into consideration
currency and investment risks
needed for children’s pro
gram. Duties include provid
ing secretarial and adminis
trative support to outpatient
and crisis programs and su
pervising program support
staff. Minimum 3 years related
office experience preferred.
Typing 45 wpm required. Ref
# CH-AA.
Competitive salary and benefits.
Send/fax cover letter and re
sume to: Garlington Center,
911 N. Skidmore Portland, OR
97217 Att: HR Fax: 249-8740
EOE. Committed to diversity.
No phone call please. Con
tact our Job Line at 727-5947
for additional job opportuni
ties.
m edium sized exporters,” G ilm an
continued.
K eyC orp is ranked as one o f the
co u n try 's largestsm all business lend
ers. K ey C o rp , h e a d q u a rte re d in
C leveland, is one o f the n atio n ’s
largest holding com panies.
“ K eyB ank has a strong record in
w orking with sm all businesses to
help them achieve th eir business
g oals,” said J im A tkinson, President
and C h ie f E x ec u tiv e O ffic e r o f
K eyB ank o f O regon.
Secretarial Clerk I
Approximate Annual Salary: $18,470 at entry to $22,131 after 1 year.
Tentative Closing Date: Friday, September 27,1996, No Postmarks
Accepted.
City Planner: Transportation
Approximate Monthly Salary: $2,995 at entry to $3,470 after 4 steps.
Tentative Closing Date: Friday, September 27,1996, No Postmarks
Accepted.
Electrician
Approximate Hourly Salary: $18.52 at entry to $20.13 after six
months
Open Continuous
Special Job Recruitment: Two Days Only On September 20 And
21,1996 Utility Worker
Approximate Hourly Salary: $12.14 at entry to $13.83 after six
months September 20th applications available at 1400 SW 5th Ave.
10th floor from 8 am to 4:30 pm and Maintenance Bureau, 2929 N.
Kerby, September 20th from 4 pm to 9 pm and September 21 st from
9am to 3 pm.
CLERICAL
ADMINISTRATIVE
SUPPORT
SPECIALIST 1
1997 LEGISLATIVE SESSION
NOW LOOKING FOR several
people to work starting Janu
ary 1997 and ending approxi
mately June 1997. Salary is
$1,571 -$2,065. For applica
tion call (503) 986-1373.
Employee Services, Room
140 State Capitol, Room 140
State Capitol, Salem OR TTY:
(503)986-1684. Deadline for
application is November 1,
1996. ’
For other job listings call (503) 823-4573.
TDD (503) 823-3520.
For application questions call analyst listed on job announcement; for
application assistance call (503) 823-3530.
PLEASE IDENTIFY MINORITY PAPER ON APPLICATION. FOB
EMPLOYMENT FORM
Submit compleated applications to City of Personnel 1400 SW 5th
Ave., 10th Fir., Portland, OR 97204. SOME applications are also
available by l UESDAY NOON at local TPIC branch offices, NE
Workforce Center and Urban League.
The City of Portland is an AA/EEO employer.
Port of Portland
Career Opportunities Information about career opportunities
with the Port of Portland can be obtained by calling the Job
Hotline at (503) 731-7480. Hearing impaired applicants may
call TDD. (503) 731 -7485. Applications for open positions are
available at the Port’s employment office, located at 700 NE
Multnomah, 14th. Fir. Office hours are Monday through
Friday, except Holidays, 8 a.m. to 12 p.m. and 1 p.m. to 5 p.m.
The Port of Portland is an Equal Opportunity Employer.
HMO Oregon
»
Tw o Portland C om m unity C o l
lege courses offered T uesday eve
nings at G rant High School start
ing Sept. 24 can help chart your
business path.
Instructor K athleen Spike, a
hom e-based business ow ner for
24 years, encourages you to jum p
the 9-to-5 track in Reclaim Your
Life and W ork at H om e (CRN
47761). Tuition is $23.50
Program Specialist (Communications)
Approximate Monthly Salary: $3,288 to $4,198.
Tentative Closing Date: Monday, September 23, 1996, No Post
marks Accepted.
BlueCross BlueShield
of Oregon
M
rwW
w. M
IS
Take Charge With
Small Business Skills
Clerical Specialist
Approximate Monthly Salary: $1,693 at entry to $2,361 after 3 years
Tentative Closing Date: Friday, September 20, 1996, Postmarks
Accepted.
We are strongly committed to equal opportunity in all phases of
employment.
A tradition of trust
An all day "R eal E state Sem i
nar for Paralegals, Legal A ssis
tants and Legal S ecretaries” will
be held Friday, S eptem ber 20th,
1996 at the O regon Convention
C enter The sem inar will provide
an in-depth look at real estate prac
tice and the support s ta ff s involve
ment in it from sales and leases,
closing and title insurance, finan
cial instrum ents and enforcem ent
and foreclosure. Further inform a
tion can be obtained by calling
(2 0 6 )4 6 3 -1 9 5 3 .
Job Opportunity: City Of Portland
New Job Listings
A d m in is tra tiv e A s s is ta n t
1-800-231-1617
Merrill Lynch
I
o ffic e .
“ K eyB ank is our largest lender
and has been very helpful to us in
prom oting our services to sm all and
• Sr. U/W - PC Specialist (#318)
M aurice Vaklruieso
503-699-7201
FAX 699-41 13
“ Se Habla Espânol”
1-800-
Wrmllli«.» Ruir IrW* Mat
gram.
“ K e y B a n k w as c h o s e n by th e
SB A as th e r e g io n ’s o u ts ta n d in g
le n d e r b e c a u s e o f th e v o lu m e and
n u m b e r o f lo a n s it h as m ad e to
N o rth w e s t c o m p a n ie s th a t e x p o rt
p r o d u c t s ,” sa id Jo h n G ilm a n ,
D is tric t D ire c to r o f th e P o rtla n d
S m all B u s in e ss A d m in is tra tio n
K eyB ank o f O reg o n has been
tapped to receive the Smal I Business
A d m in istratio n ’s S eattle Regional
U .S . E x p o rt A s s is ta n c e C e n te r
Award
T he first ev er aw ard recognizes
K eyB ank as the leading regional
lender in conjunction w ith the S B A ’s
Export W orking C apital G uarantee
Program .
L enders from O regon, W ashing
ton, Idaho, M ontana, and A laska
w ere consid ered under S B A ’s pro-
Blue Cross and Blue Shield of Oregon/HMO Oregon is currently
recruiting for the following positions: For more information about
current openings call our Job Information Line:
call the number below
Real estate seminar
KeyBank wins top award
Our Most Important Asset is People
million. You |ust have to know how to get it. For more information
i
Stocks o f unsold goods piled up
on the shelves o f all types o f busi
nesses in July. T he C om m erce
D epartm ent is reporting that July
retail inventories clim bed 1.1 per
cent,— the biggest increase since
a 1.3 percent surge in January 1995
— after a slight 0 . 1 percent June
increase. A uto inventories rose
strongly by 1.4 percent, the largest
addition to m onthly supplies since
a 2 percent ju m p in M arch 1995.
emoy life, not a time to worry
$5,000 invrsted
annually earning
#% ra» deferred*
create new jo b s, help to bring new,
diversified business to rural A m eri
ca, and is very good business for
Burger King System in term s o f ex
panding our custom er base.”
RBS A dm inistrator W atkins said,
“This strategy brings corporate Amer
ica and U SD A into a partnership that
represents the kind o f creative lead
ership o fth e Clinton Adm inistration.
T his is only the beginning. W e will
be w orking on sim ilar arrangem ents
with other Fortune 500 com panies in
focusing on rural econom ic d ev elo p
m ent.”
Because one o f the m ajor benefits
o f this program is jo b s, B urger King
and RSI officials proudly point out
th e ir p a rtn e rsh ip w ith D iv ersity
Foods, a black-ow ned meat pro cess
ing plant in Petersburg, Virginia, as
evidence o f the econom ic im pact o f
such a partnership.
D iversity Foods has a long-term
com m itm ent from Burger King and
RSI to purchase and process in ex
cess o f a million “ W hopper" and
ham burger patties per week.
A dded G reene, “This program
m akes it possible for jo b s to be cre
ated through supplier com panies in
rural areas and, eventually, will re
verse the traditional m igration from
rural to urban areas.
Retail Inventories
Up in July
vide supportive therapy and a
full range of intensive case
m anagem ent services to
chronically mentally ill adults
from m u ltic u lu tra l b a c k
grounds. Minimum 2 years re
lated experience required.
Must be QMHP or QMHA.
(Team I) Ref # CM-1.
A Merrill Lynch Financial Consultant
can show you how.
•
Amid an atm osphere o f o p ti
mism, negotiations betw een Ford
and the United A uto W orkers re
sum ed today in D earborn, Mich.
Ford C hairm an A lex Trotm an says
he hopes a tentative agreem ent will
be reached later in the day. The
tw o sides talked through the w eek
end in m arathon sessions aim ed at
forging a new national labor co n
tract. Trotm an says there are a
num ber o f issues yet to be re
solved, but says there is no single
item as a sticking point in the talks.
U AW officials also expressed o p
timism.
Case Manager needed to pro
' l ( hi J o n 1 have
to he n eli to retire
w it li over a m illit h i .
The power of
compounding
nority entrepreneurs.
W orking on b e h a lfo fU S D A , Mr.
Peer and Mr. G reen were resp o n si
ble for crafting this historic ag ree
ment, which will serve as a m odel for
other Fortune 500 com panies.
Under this agreem ent. Burger K ing
officials have agreed to work with
U SD A /RBS in expanding the num
ber o f suppliers, franchises, and o th
er facilities in rural com m unities,
particularly co u n ties experiencing
persistent poverty.
As part o f this agreem ent, U SD A /
RBS will assist new and existing
businesses and cooperatives through
guaranteed business loans, grants,
and econom ic partnerships to take
full advantage o f opportunities to
becom e suppliers and franchise ow n
ers in the B urger King system.
RSI, a non-profit corporation with
cooperative form o f ow nership which
acts as the exclusivwpurchasing agent
for the B urger King in the United
States, agreed to treat new and ex
panded suppliers in rural areas fairly
and to en courage suppliers to work
with agricultural cooperatives in sup
plying products for Burger King.
B urger K ing and RSI will also
work with U S D A ’s food rescue ef
forts by identifying products to be
donated to not-for-profit food ser
vice organizations dedicated to serv
ing the neediest o f the hungry in the
U.S.
“T his initiative is in furtherance o f
Burger King C o rp o ratio n ’s diversity
com m itm ent,” said M ark A. G iresi,
Senior Vice President and G eneral
Counsel for Burger King. “W e be
lieve qualified m inority business-
people will be able to participate in
this initiative to increase our supplier
base with support from the USDA
load guarantee program . This will
I