The Intermountain Commercial Record & Salt Lake TimesA-10 / Thursday, December 3, 2015

some of those activities were definitely dan-gerous for those young women.”

Salazar currently works as a Trafficking inPersons Case Manager at the Immigrant andRefugee Center of the Asian Association ofUtah and no longer goes out to the shelters orthe streets. She says Rep. Hollins’ group gotthe Volunteers of America Homeless YouthOutreach Team involved because the girls theyfound around the shelter were so young. Sheadds:

“We also connected with the Utah Attor-ney General’s Task Force for Human Traffick-ing and the Utah Coalition Against Sexual As-sault. We mobilized and trained communityservices. Fernando Rivera of the Unified FireAuthority, Allana Kindness and ElizabethHendrix worked with first responders, socialworkers and other community partner asso-

Legislator, outreach workers seek to help youngSalt Lake City women at risk

Continued from page A-1

ciations. They taught them what to look for–the signs that meant a young woman mightbe at risk for human trafficking. That trainingis ongoing.”

Salazar says she is still interested in theproblem the VOA team uncovered in her cur-rent position: “I tend to work more with do-mestic cases now. But we have a federal grantto help victims of sex and labor trafficking, sothat means we can still be involved to someextent.”

Rep. Hollins, a licensed clinical socialworker, says, “I talked to Ed Snoddy in theVOA office. For a number of years he has beenhelping sex workers find shelter, housing anda new start. We had been working to set upsome type of shelter for the older women, butnow we’re looking at helping the young onesas well.”

According to Rep. Hollins, the effort is atthe grassroots level right now, but she is hop-ing to spur action on the legislative side. Shesits on the House Health and Human ServicesCommittee and the House Law Enforcementand Criminal Justice Committee. She alsoserves on the Child Welfare Legislative Over-sight Panel and the Social Services Appropria-tions Subcommittee.

“Right now we’re still gathering informa-tion,” Rep. Hollins says. “But we need to pro-vide services soon for these young ladies andtheir families. A lot of them are not in schoolbut should be. Many are in families that arenot functional. A lot of the families have prob-lems, too; many of them are at their wits’ endand don’t know what to do. Some need men-tal-health help as well. So this needs to be awrap-around effort–help for the young ladies

and also for their families. When it comes tosex workers, we can’t arrest our way out of theproblem. A lot of older women in the sex tradenow started when they were in their teens. Soif we can help these young women now, pos-sibly they can change their lives and stay outof the trade. And that’s good for the state.”

Salazar says the Social Services Appropria-tions Subcommittee may eventually providenew help or at least set the stage for more stateinvolvement. In the meantime, she adds, “Wetry to make contact with these young women,engage, build rapport and help them feel safe.We hope that if that happens, they can getinto our case management program and onthe road to a better life.”

amid a broader debate about the future of thecompany and that of high-profile Mayer.

Yahoo’s stock closed at $15.64 when Mayerwas appointed president and chief executiveon July 16, 2012. The gains to Tuesday’s close,of more than 115 percent, widely outperformgains in the S&P 500, up 55 percent since, theNasdaq 100 , up 83 percent and even AppleInc, which has gained 35 percent in the sameperiod.

The company’s market capitalization, how-ever, has grown about 66 percent under Mayer.The difference is attributable to a decline inshares outstanding as Yahoo has bought backroughly $8.3 billion worth of its stock since thethird quarter of 2012, according to Reuters data.

Despite the share price doubling under her

With buyback help, Yahoo stock has soared under MayerContinued from page A-1

tenure, the current level, around $35 was hit inNovember 2013, less than a year and a halfafter Mayer took over.

“It is clear that time is running out for thecurrent management and they are trying tocome up with an alternative. They still haven’tresolved the long-term issue of what Yahoowill be going forward,” said Skip Aylesworth,portfolio manager of the Henessy Technologyfund.

Aylesworth, who does not currently ownshares of Yahoo, sold his fund’s stake in thecompany approximately a year and a half intoMayer’s tenure as chief executive after thecompany’s revenue and earnings metrics didnot significantly improve, he said.

The rally during Mayer’s tenure got support

The company’s stake in Yahoo Japan is heldat a 30 percent discount off its actual marketvalue, while its Alibaba stake is held at about a59 percent discount.

“This is an undervalued company if you doa sum of the parts sort of thing, it doesn’t take awhole lot of imagination to see what could becoming,” said Kim Forrest, senior equity re-search analyst, Fort Pitt Capital Group in Pitts-burgh.

Yahoo plans to spin off its Alibaba stakeinto a public company along with Yahoo SmallBusiness that provides domain names and lo-cal marketing.

Yahoo’s stock was up 6.9 percent at $36.04in early afternoon trading on Wednesday.

from the stakes in Alibaba and Yahoo Japan.But less than half of its market cap is attribut-able to Yahoo’s own business, according to aThomson Reuters Breakingviews calculator.

WASHINGTON (Reuters) - The U.S. labormarket tightened modestly in recent weeks withsome upward pressure on wages as employersfound it increasingly difficult to fill jobs acrossskill levels, the Federal Reserve said on Wednes-day.

U.S. economic activity continued to expandat a modest pace in most regions from early-October through mid-November, the Fed saidin its Beige Book report of anecdotal informa-tion on business activity collected from con-tacts nationwide.

Most districts said such wage pressures in-creased only for skilled occupations and work-ers in short supply but a few saw broader pres-sures. Overall wage pressures were “generallystable to increasing,” the Fed said.

For example, the Cleveland Fed reportedwage pressures were “widespread” and Atlantasaid there were signs of emerging pressure toraise starting pay, even among low-skilled jobs.

Atlanta was joined by the Minneapolis, Kan-sas City and San Francisco districts in report-ing difficulties finding hires for lower-skilledand entry-level positions.

Fed policymakers are widely seen raisinginterest rates for the first time in almost a de-cade at their next meeting on Dec. 15-16, butcontinue to parse data and trends carefullygiven the uneven nature of the U.S. recovery.

Many districts indicated increased hiringwas “driven by temporary and entry-level po-

U.S. labor market shows hintsof broader wage pressures

sitions that were being fulfilled by staffingfirms,” the Beige Book noted.

The Fed said consumer spending increasedin nearly all districts. Manufacturing remainedmixed, the Fed added, with exports continuingto fall on the strong dollar, low commodityprices and weak global demand. However,manufacturers in most districts said theylooked for improved business conditions overthe next six months.

The report was compiled by the Federal Re-serve Bank of Richmond with information col-lected before Nov. 20, 2015. (Reporting by Lind-say Dunsmuir; Editing by Andrea Ricci)

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