Business & Economy

The July Jobs Report: Unemployment Hits Historic Low

Dean Baker / Center for Economic and Policy Research Aug 7, 2023 The July jobs report was largely positive: low unemployment levels, high job creation, and consistent GDP growth. Dig deeper ( 8 Min. Read )

Robert Reich: America Has Failed Its Millennials

Robert Reich / Truthdig Jan 9, 2020 Massive economic inequality has forged a generation that is deeper in debt, poorer paid and half as likely to own a home as its parents. Dig deeper ( 2 Min. Read )

U.S. Adds a Solid 128,000 Jobs in October, Despite GM Strike

JOSH BOAK and BANI SAPNA / The Associated Press Nov 1, 2019 The sturdy labor market remains a vital source of strength for the economy and makes the Federal Reserve less likely to cut interest rates. Dig deeper ( 3 Min. Read )

The Appalling Numbers Behind America’s CEO Pay

Julia Conley / Common Dreams Aug 15, 2019 A new study finds that compensation for top executives has climbed 1,000% since 1978 while wages have remained virtually flat. Dig deeper ( 3 Min. Read )

Former Sanitation Workers Say They Are Owed Wages

Kiera Feldman / ProPublica Jan 25, 2019 The one-time employees for a private New York trash hauler say they and others are owed money from 2018 and for working off the books for years. Dig deeper ( 5 Min. Read )

U.S. Appeals Court Rules for Bartenders, Waiters in Tip Fight

SUDHIN THANAWALA / The Associated Press Sep 18, 2018 The 9th Circuit Court panel rejects the broader use of the federal tip credit, which would have allowed restaurant employers to underpay workers as they did tasks that didn't draw tips like cleaning or stocking ice. Dig deeper ( 2 Min. Read )

Despite the Hype, U.S. Is Not at Full Employment

Marshall Auerbach / Alternet May 9, 2018 Meanwhile, Trump administration policies going into effect based on incomplete unemployment data do nothing but harm. Dig deeper ( 9 Min. Read )

Dow Drops Another 1,000 Points as Selling Spreads

MARLEY JAY / The Associated Press Feb 8, 2018 The Dow and the Standard & Poor's 500 market indexes have dropped 10 percent from their all-time highs, set Jan. 26. This puts them in what Wall Street calls a correction, their first in almost two years. Dig deeper ( 3 Min. Read )

Inside Amazon’s Abusive Labor Practices

Marshall Auerback / AlterNet Jan 26, 2018 The company routinely pays wages barely above the poverty line, while using intrusive surveillance systems to monitor the workforce and measure if targets were met. Dig deeper ( 7 Min. Read )

America’s War on America

Eric Ortiz / Truthdig Dec 2, 2017 That sound of doomsday you hear in the distance is not "ka-boom." It's "ka-ching." Dig deeper ( 6 Min. Read )

Trump’s Base Should Wise Up to His Populist Ruse

Rajan Menon / TomDispatch Nov 28, 2017 The president's pseudo-populist economic message helped put him in the Oval Office, but it's not likely to work given the world's economic realities. Dig deeper ( 11 Min. Read )

Diseases of Despair

Chris Hedges / Truthdig Sep 3, 2017 Individual Americans and their society are suffering a deep malaise rooted in lack of opportunity, hopelessness and capitalist exploitation. Dig deeper ( 9 Min. Read )