Tuesday October 20, 2020
| Last update: Monday at 9:22 PM
BY Masao Suzuki | United States | 6/22/11
On June 19th the Washington Post published “With Executive Pay, Rich Pull Away from Rest of America” by Peter Whoriskey. This very informative article connected the rise in corporate executive’s pay with the growing economic inequality in the United States, using the example of a large U.S. dairy company combined with recent research by economists on high incomes. At the same time the article only offered very vague explanations for why the rich are winning out at the expense of almost everyone else.
BY staff | Chicago, IL | 6/16/11
Over 3000 teachers, healthcare workers, janitors and community activists descended on the corporate leaders meeting here, June 14 outside the Midwest CEO/CFO conference.
BY Masao Suzuki | San José, CA | 6/06/11
In the first week of June, two important reports showed a sharp slowdown in the U.S. economy. On Friday, June 3, the Department of Labor said that unemployment in May rose to 9.1%, while only 54,000 new jobs were created, far less than what mainstream economists were predicting.
BY staff | Providence, RI | 3/11/11
The city of Providence, R.I., sent termination letters Feb. 23 to all of its 1,926 teachers. Newly elected Mayor Angel Taveras claimed he was doing this to guarantee flexibility in addressing the budget deficit. He is also going to close an unspecified number of schools.
BY Masao Suzuki | United States | 11/15/10
The recommendations of the bi-partisan deficit reduction commission open the doors to even more austerity for working people while proposing lower tax rates for the well-to-do.
BY staff | Minneapolis, MN | 9/02/10
Members of the Network to Fight for Economic Justice have been leafleting and petitioning at unemployment offices demanding that Congress and state governments take action to extend and expand unemployment benefits.
BY Masao Suzuki | San Bruno, CA | 8/25/10
On Aug. 25, the Commerce Department reported that new home sales in July fell 12.4% from the level of sales in June, and were 32.4% lower than July of 2009. This report, which was much worse than most economists expected, followed a report by the National Association of Realtors the day before that sales of existing homes in July fell 27.2% from June, and were 25.5% lower than a year earlier.
BY Masao Suzuki | San José, CA | 7/17/10
On July 15, the U.S. Department of Labor reported that another 250,000 unemployed were cut from federal unemployment insurance rolls.
BY staff | Saint Paul, MN | 7/10/10
On July 8, members of the Welfare Rights Committee (WRC) gathered outside the Ramsey County welfare office, holding signs and passing out fliers urging people to hold the candidates for office, especially the governor’s office, accountable to the poor, unemployed and homeless.
BY Masao Suzuki | San Jose, CA | 7/09/10
On July 8, the U.S. Department of Labor reported that almost 350,000 unemployed were dropped from federal unemployment insurance rolls.
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