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.
BY Masao Suzuki | San José, CA | 7/04/10
On Friday, July 2, the U.S. Department of Labor reported that 125,000 jobs were lost in June. While the official unemployment rate fell from 9.7% in May to 9.5% in June, this was due to the 650,000 people gave up looking for work and were no longer counted as unemployed.
BY Adam Price | San Jose, CA | 1/20/10
Wages failed to keep up with the rise in prices, so weekly real earnings, or the purchasing power of workers’ weekly wages, fell by 1.6% in 2009.
BY Adam Price | San Jose, CA | 5/11/09
The United States is now in its longest recession since the Great Depression of the 1930s.
BY Adam Price | San Jose, CA | 12/06/08
On Friday, Dec. 5, the Department of Labor reported that 533,000 jobs were lost in November, the worst one-month decline since 1974.
BY Adam Price | San Jose, CA | 9/21/08
The year-old financial crisis entered a new stage in September as the U.S. financial system suffered its worst setbacks since the Great Depression of the 1930s.
BY Adam Price | San Jose, CA | 3/24/08
On Friday, March 14, the fifth largest investment bank in the United States, Bear Stearns, failed.
BY Adam Price | San Jose, CA | 2/03/08
On Friday, Feb. 1, the U.S. Department of Labor reported that the economy lost 18,000 jobs in January, the first decline in more than four years.
BY Adam Price | San Jose, CA | 1/11/08
New economic data released in early January 2008 showed that the U.S. economy was on the edge of a recession in December. On Jan. 2, the Institute for Supply Management reported that the manufacturing sector shrank in December.
BY Adam Price | San Jose, CA | 8/20/07
In July the U.S. housing market hit new lows, with the lowest number of permits for new homes and the lowest number of construction starts in more than ten years.
Re: Cop Fired for Shooting University of Florida Graduate Student Kofi-Adu Brempong
Excellent article, I'll be sharing this with student activists in Milwaukee. Justice for...
Re: Over 1000 Chicanos march in East Los Angeles against war and racism
carlos montes writes succinctly on the motives for the march: that stupid war, the...
It is important to remember the brutality of this system, that it assassinated an outspoken...
Re: March in Greensboro, NC demands end to federal ‘tax and deport’ policy
History truly does repeat itself. We as a nation need to see this and adjust so that past...
Re: More Bad News as the Economy Points to a “Double-Dip”
In the past, many homeowners were able to take advantage of rising home prices to refinance...