by Robert Borosage | Dec 2, 2011 | Blog
The November jobs report released today by the Bureau of Labor Statistics simply confirms what we know: the economy is growing slowly, and haltingly. New jobs are barely at the level of new workers coming into the workforce. Workers aren’t sharing in the rewards of...
by Richard Eskow | Dec 2, 2011 | Blog
It took the journalists at Bloomberg News two years - and presumably lots of legal fees - to pry information out of the Federal Reserve that should have been made public long ago. We now know that the Fed's secret $7.7 trillion lending program wasn't just the most...
by Richard Eskow | Dec 1, 2011 | Blog
Millions of employees mounted Great Britain's first General Strike in many years today after the government threatened to impose more cuts in retirement benefits and pay for public workers. It was a smash success. As many as two million strikers proved that the...
by Dave Johnson | Dec 1, 2011 | Blog
There is news on the NLRB front. First, Boeing and its union have resolved the dispute that got the NLRB involved. Second, the NLRB voted yesterday to move forward with rules speeding up union certification elections. Third, House Republicans passed a bill to block...
by Dave Johnson | Dec 1, 2011 | Blog
There is a big, behind-the-scenes fight going on in Washington over whether our country will continue to have a middle class or not. The forces of the 1% are trying to change rules that protect the right of working people to band together, organizing themselves so...
by Jeff Bryant | Dec 1, 2011 | Blog, Education
Getting a Republican presidential candidate to extend a compliment to Barack Obama is about as rare as getting an economist to admit he miscalculated the housing bubble. But late last week, the education trade newspaper Education Week noted that a reporter from...