Retail workers are organizing to make sure private equity firms can’t make money by putting people out of work.
For many years, Giovanna De La Rosa enjoyed working at Toys ‘R’ Us—especially during the holiday shopping season. “I loved bringing joy to families and to children,” she shared at a recent congressional hearing. “I watched so many of the local kids grow up over the years while shopping in our store.” Continue reading →
‘GE hired a new CEO last year with a pay package worth up to $300 million.’
Workers are stuck “paying the ultimate price for executives’ poorly-timed deals,” said Our Revolution on Monday after General Electric announced it was freezing the pensions of roughly 20,000 employees with salaried benefits. Continue reading →
This sad story is as old as NAFTA.
Mickey Ray Williams keeps a Goodyear tire in his Gadsden, Alabama, conference room. Made in Mexico and imported to Gadsden, that tire induces fear. Continue reading →
The Bureau of Labor Statistics reports that the US economy created 148,000 new private sector jobs during July. The jobs number does not translate into employed people as increasingly Americans hold two or more jobs. For example, the BLS reports that from June to July the number of multiple job holders rose by 233,000 which is 85,000 more than the 148,000 new private sector jobs. What we are seeing is not more people employed, but more multiple job holders. Since May the number of multiple job holders has increased by 534,000. Continue reading →
Uber just filed its first quarterly report as a publicly traded company. Although it lost $1bn, investors may still do well because the losses appear to be declining. Continue reading →
As I travel around the country, I tell people: if you have a job, join a union. And if you don’t have a union, start one. Continue reading →
There were not 312,000 new jobs created in December. Continue reading →
Quantity is on one thing, but quality is what really matters when it comes to jobs
It’s practically unanimous: Nine out of 10 establishment economists agree that America’s solid job growth and the low unemployment rate truly make ours “The Land of Opportunity.” Continue reading →
President-elect Donald Trump, a supposedly populist candidate who rose to power on promises made to frustrated American workers, has now seemingly launched what Politico is describing as an outright “war on unions.” Continue reading →
The presstitute media delivered the false news, not from Russian propaganda websites such as the Washington Post accuses this one of being, but from Obama’s US Bureau of Labor Statistics. The false news is that the collapsing economy continues to boom with 178,000 new jobs in November and a further fall in the rate of unemployment to 4.6%. Continue reading →
On Friday the Bureau of Labor Statistics reported that there were 215,000 new jobs in March. Continue reading →
The Bureau of Labor Statistics announced Friday that the US economy created 271,000 jobs in October, a number substantially in excess of the expected 175,000 to 190,000 jobs. The unexpected job gain has dropped the unemployment rate to 5 percent. These two numbers will be the focus of the financial media presstitutes. Continue reading →
The 142,000 September payroll jobs reported Friday (2 Oct 2015) by the Bureau of Labor Statistics is too small to be consistent with the still high stock averages or the alleged economic recovery. Moreover, the BLS says that it over-estimated the July and August payroll jobs by 59,000. Continue reading →
On January 9, the Bureau of Labor Statistics reports that a quarter of a million new jobs were created in December. Continue reading →
Friday’s payroll jobs report is another government fairy tale or, to avoid polite euphemisms, another packet of lies just like the House of Representatives Resolution against Russia and every other statement that comes out of Washington. Continue reading →
Just as the German media have destroyed their credibility with lies, the US government is consistently destroying Washington’s credibility both with its own citizens and the rest of the world. Continue reading →
The Bureau of Labor Statistics headline Friday morning read: “Payroll employment increases by 248,000 in September; unemployment rate declines to 5.9%.” Continue reading →
And more fraud is in the works
Washington can’t stop lying. Don’t be convinced by last Thursday’s job report that it is your fault if you don’t have a job. Those 288,000 jobs and 6.1% unemployment rate are more fiction than reality. Continue reading →
Working class heroes get death as their reward
Posted on June 11, 2020 by Jack Balkwill
We are a nation that loves its heroes, even if most fade unknown to their deaths, protecting capital in a laissez faire system. When we flip a light switch, we take it for granted that the room will be illuminated, without understanding that people die for that to take place. Continue reading →