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Tag: Jobs


Flickr / Abeeeer (CC-BY)

Why There’s a Bull Market for Stocks and Bear Market for Workers

On Tuesday the Dow Jones Industrial Average rose above 14,270. The stock market is basically back to where it was in 2000, while corporate earnings have doubled since then. Yet the real median wage is now 8 percent below what it was then and unemployment remains sky-high. Why is the stock market doing so well, while most Americans are doing so poorly? Here are four reasons. 

Posted on Mar 6, 2013 READ MORE



Nicholas Wang (CC-BY-SA)

The American Way of Work

I have been working at home for most of my life. Naturally, I’m interested in the controversy generated by Marissa Mayer, the new boss at Yahoo, when she ordered all that company’s employees to report to a regular company office.

Posted on Feb 28, 2013 READ MORE



The White House/Pete Souza

Why Obama Must Meet the Republican Lies Directly

The White House apparently believes the best way to strengthen its hand in the upcoming “sequester” showdown with Republicans is to tell Americans how awful the spending cuts will be, and blame Republicans for them.

Posted on Feb 25, 2013 READ MORE



Flickr/Steel Wool

Why Many in Washington Don’t Have Half a Brain

With consumers and government both spending less, businesses won’t hire more workers; they’ll fire more workers. That’s likely to happen in coming months. Anyone with half a brain should be able to understand all this. But apparently many in Washington don’t have half a brain.

Posted on Feb 24, 2013 READ MORE


How a Higher Minimum Wage Helps the Whole Economy

Economist Richard Wolff tells Bill Moyers the argument that a higher minimum wage kills jobs makes no sense.

Posted on Feb 22, 2013 READ MORE



James Bowe (CC BY 2.0)

Your Guide to the Sequestration Horrors

On March 1, the $85 billion collection of budget cuts known as the sequester could wipe out federal programs at such varied places as national parks, the Pentagon and the FBI. Hidden among those cuts are reductions in services that are crucial to Americans’ everyday lives—education, health care and jobs. The Guardian tells us what to expect.

Posted on Feb 22, 2013 READ MORE



Photo illustration from an image by Colin Grey (CC-BY)

Ralph Nader Wants More From Obama

Last week on Truthdig Radio in association with KPFK: The president’s minimum wage hike isn’t high enough, sweatshop economics, more on jobs, and California manhunts.

Posted on Feb 19, 2013 READ MORE


Ralph Nader Wants More From Obama

Last week on Truthdig Radio in association with KPFK: The president’s minimum wage hike isn’t high enough, sweatshop economics, more on jobs, and California manhunts.

Posted on Feb 19, 2013 READ MORE



Flickr/davidd

The Minimum Wage, Guns, Health Care and the Meaning of a Decent Society

Raising the minimum wage from $7.25 to $9 should be a no-brainer. Republicans say it will cause employers to shed jobs, but that’s baloney.

Posted on Feb 17, 2013 READ MORE



Flickr/DonkeyHotey

The Biggest Republican Lie

Senate Minority Leader Mitch McConnell says that chamber’s Republicans will unanimously support a balanced-budget amendment, to be unveiled Wednesday as the core of the GOP’s fiscal agenda.There’s no chance of passage so why are Republicans pushing it now?

Posted on Feb 13, 2013 READ MORE



Gage Skidmore (CC-BY-SA)

Texas Gov. Rick Perry: California Is ‘Looking at Our Backside’

The Texas governor who made a fool of himself in the 2012 presidential race has come to the Golden State trying to steal businesses and jobs.

Posted on Feb 11, 2013 READ MORE



AP / Saul Loeb

Coming Tuesday (Hopefully): The State of the Union’s Economy

The President should make it clear that any Republican effort to hold the nation hostage to the GOP’s ideological fixation on the budget deficit and a smaller government will slow the economy, likely pushing us into another recession. And that those most imperiled are the middle class and the poor.

Posted on Feb 11, 2013 READ MORE


The Economic Challenge Ahead: More Jobs and Growth, Not Deficit Reduction

Can we just keep things in perspective? On Tuesday, the president asked Republicans to join him in finding more spending cuts and revenues before the next fiscal cliff whacks the economy at the end of the month. Yet that same day, the Congressional Budget Office projected that the federal budget deficit will drop to 5.3 percent of the nation’s total output by the end of this year.

Posted on Feb 7, 2013 READ MORE



Flickr/aflcio

Corporate Rule Has ‘Infected’ AFL-CIO Leadership, Labor Activist Contends

Under its current president, the organization has failed to address the mounting threat against labor in the United States from the loss of bargaining rights to the refusal to adjust minimum wage standards to the push against implementing the “card check” union organizing system, Harry Kelber says.

Posted on Feb 5, 2013 READ MORE



flickr/watchingfrogsboil

Breaking the Chains of Debt Peonage

The corporate state uses debt to keep workers—especially the working poor—frightened and disempowered. Only through a campaign for a minimum wage of at least $11 an hour can Americans begin to regain economic, social and political control.

Posted on Feb 3, 2013 READ MORE



Flickr / edEx

The Latest Jobs Report and Why the Recovery Has Stalled

We are in the most anemic recovery in modern history, yet our political leaders in Washington aren’t doing squat about it.

Posted on Feb 1, 2013 READ MORE



Flickr/401(K) 2013

Why Consumers Are Bummed Out

The Conference Board reported Tuesday that the preliminary January figure for consumer confidence in the U.S. fell to its lowest level in more than a year. So why are consumers so glum? Because they’re deeply worried about their jobs and their incomes—as they have every right to be.

Posted on Jan 30, 2013 READ MORE


The Non Zero-Sum Society

A newly released analysis by the Economic Policy Institute shows that the super rich have done well in the economic recovery while almost everyone else has done badly.

Posted on Jan 29, 2013 READ MORE


Krugman on Why Jobs Come First

New York Times columnist and Nobel Prize-winning economist Paul Krugman drew on 20th century U.S. history to explain to Bill Moyers how a Washington that was willing to spend could end the present American depression.

Posted on Jan 15, 2013 READ MORE


Why Jobs Must Be Our Goal Now, Not Deficit Reduction

The news Friday from the Bureau of Labor Statistics is that the U.S. job market is treading water. The number of new jobs created in December (155,000), and percent unemployment (7.8), were the same as the revised numbers for November.

Posted on Jan 4, 2013 READ MORE


Born to Organize

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Posted on Dec 21, 2012 READ MORE    


Why Is Washington Obsessing About the Deficit and Not Jobs and Wages?

It was the centerpiece of the president’s re-election campaign. Every time Republicans complained about trillion-dollar deficits, he and other Democrats would talk jobs. That’s what Americans care about—jobs with good wages. So why, exactly, is Washington back to obsessing about budget deficits?

Posted on Dec 16, 2012 READ MORE



Flickr/tiseb

Why the Fed’s Jobs Program Will Fail

For the first time, the Federal Reserve has explicitly linked interest rates to unemployment. Rates will remain near zero “at least as long” as unemployment remains above 6.5 percent and if inflation is projected to be no more than 2.5 percent.

Posted on Dec 13, 2012 READ MORE



Flickr/Earlham College

Ground Zero in the Land of Opportunity

Right at the point when they are most needed, our second-chance institutions are being severely threatened. Across the country, community colleges, adult schools and literacy programs are reporting record enrollments at the same time they have to trim staff, classes and services.

Posted on Dec 12, 2012 READ MORE


Michigan Jobs

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Posted on Dec 12, 2012 READ MORE



Flickr/StockMonkeys.com

Latest Job Numbers Show Why Job Creation Must Take Precedence Over Deficit Reduction

Friday’s jobs report demonstrates an economy that’s still moving in the right direction but way too slowly, which is why Washington’s continuing obsession with the federal budget deficit is insane. Jobs and growth must come first.

Posted on Dec 9, 2012 READ MORE


Understanding the Fiscal Cliff (in 2 Minutes 30 Seconds)

Democrats, here are eight principles to guide you in the coming showdown over the fiscal cliff.

Posted on Dec 3, 2012 READ MORE


Why We Should Stop Obsessing About The Federal Budget Deficit

The best way to generate jobs and growth is for the government to spend more, not less. And for taxes to stay low – or become even lower – for the middle class.

Posted on Nov 19, 2012 READ MORE



White House/Pete Souza

Forward!

I suspect that when my life is over I will have had two opportunities to vote in a presidential election for a black man, and I intend to take both of them.

Posted on Nov 6, 2012 READ MORE


unemployment office
Flickr / clementine gallot (CC-BY)

More Jobs, Lousy Wages, and the Desertion of Non-College White Men From the Democratic Party

The two most important trends, confirmed in Friday’s jobs report from the Bureau of Labor Statistics, are that (1) jobs slowly continue to return, and (2) those jobs are paying less and less.

Posted on Nov 2, 2012 READ MORE



Flickr/edEx

171,000 Jobs Added in October but Unemployment Rate Ticks Up

The nation’s jobless rate ticked up in October, even as employers added 171,000 workers to their payrolls, according to the latest jobs report—the last one before Election Day.

Posted on Nov 2, 2012 READ MORE



Obama for America/Christopher Dilts

Bill Clinton to the Rescue

While Obama flew home to take command of the federal response to Hurricane Sandy, the campaign marched on Monday, with 66-year-old Bill Clinton trying to catalyze the youth vote in Florida.

Posted on Oct 30, 2012 READ MORE


The Heartland Election

We still make a lot of stuff in the United States of America, and one of the good things about this election is that it is likely to be decided in the nation’s industrial heartland.

Posted on Oct 28, 2012 READ MORE


Bad Arithmetic: Romney’s ‘Jobs Plan’ Numbers Don’t Compute

When innocent citizens asked about unemployment Tuesday night at the town hall presidential debate on Long Island, would Mitt Romney again tout his plan to create 12 million jobs?

Posted on Oct 18, 2012 READ MORE


Workers Fight for Justice, From Wal-Mart to Chipotle

The great recession of 2008, this global economic meltdown, has wiped out the life savings of so many people and created a looming threat of chronic unemployment for millions.

Posted on Oct 10, 2012 READ MORE


The Politics of the Jobs Report

We’re still crawling out of the deep crater we fell into in 2008 and 2009. The percent of the working-age population now working or actively looking for work is higher than it was, but still near a 30-year low. But at least we’re crawling out.

Posted on Oct 5, 2012 READ MORE



Jobs Report ‘Truthers,’ Romney Cheating Allegations, and More

A look at the day’s political happenings, including Mitt Romney apologizing to nearly half of America, Justice Scalia weighing in on abortion and gay rights, and the horrendous thing Rick Santorum wants to do to Big Bird.

Posted on Oct 5, 2012 READ MORE



Loozrboy (CC BY-SA 2.0)

U.S. Unemployment Rate Dips Below 8 Percent

A drop in the nation’s jobless rate gives President Obama an occasion to speak grandly about the prospect of America’s future under his leadership. But crucial information is missing.

Posted on Oct 5, 2012 READ MORE


The Week Ahead: Wednesday’s Presidential Debate and Friday’s Jobs Report

The biggest election news this week won’t be who wins the presidential debate Wednesday night. It will be how many new jobs were created in September, announced Friday morning by the Bureau of Labor Statistics.

Posted on Oct 1, 2012 READ MORE



Photo by Ed Yourdon (CC-BY-SA)

Replace This Greed

For friends of labor, the revolt against the National Football League’s replacement refs is the most remarkable event since the organization of Henry Ford’s car company into the United Auto Workers union.

Posted on Sep 26, 2012 READ MORE


Romney Has a Jobs Plan ... for China

You may never have heard of Sensata Technologies, but in this election season, you’ve probably heard the name of its owner, Bain Capital, the company co-founded and formerly run by Mitt Romney.

Posted on Sep 26, 2012 READ MORE



AP/Alexander Zemlianichenko

Welcome to the Club: Russia Joins the WTO

For motives that are not entirely clear, Vladimir Putin’s Russia has overcome stiff opposition at home and in the United States to take its place in the World Trade Organization.

Posted on Sep 25, 2012 READ MORE



Apple

2,000 Workers Involved in Foxconn Brawl

With class tensions in China running high, labor conditions under an international microscope and a new iPhone just landing in well-stitched pockets, we’ll leave you to draw your own conclusions about the significance of what’s being reported as a “brawl” at a Foxconn plant in northern China.

Posted on Sep 23, 2012 READ MORE


Economic Slowdown

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Posted on Sep 16, 2012 READ MORE



Flickr/Talk Radio News Service

Krugman: GOP Hypocrisy on Jobs

The New York Times columnist takes aim at Republicans for blocking legislation from President Obama that might have helped with the jobs recovery and then blaming his policies after the latest round of disappointing employment figures.

Posted on Sep 10, 2012 READ MORE


‘Left, Right & Center:’ The Democrats Have Their Say

The Obama campaign detoured his original convention acceptance speech planned for the outdoors after hearing thunderstorms in the forecast. Might it also have heard August employment numbers? Then there was that thunder-stealing speech Bill Clinton gave Wednesday during prime time, not to mention the one by first lady Michelle Obama the night before. The “Left, Right & Center” panelists discuss these matters and more on this week’s program.

Posted on Sep 8, 2012 READ MORE


The Most Important Political News This Week

The biggest political news this week won’t be the Democratic convention. It will be Friday’s unemployment report.

Posted on Sep 5, 2012 READ MORE


Anti-Labor Day

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Posted on Sep 3, 2012 READ MORE


Half Labor Day

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Posted on Sep 3, 2012 READ MORE


Labor Pains

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Posted on Sep 3, 2012 READ MORE    


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