Inspired by Ronald Reagan’s union-busting, the latest round in the war on labor is a self-inflicted wound on the American economy, where workers-union and non-union alike–have been losing ground for 30 years.
us economy
Disappointing Numbers Again as U.S. Economy Adds Only 115,000 Jobs; Unemployment at 8.1%
The national economy added only 115,000 jobs in April, adding to March’s disappointing numbers and renewing fears that the economy may be stalling, as it did last spring. The unemployment rate fell to 8.1 percent, a slight improvement.
US Jobs Up Just 120,000, Disappointing Expectations; Unemployment Down to 8.2%
While the U.S. unemployment rate fell to 8.2 percent in March, job creation was disappointing, at 120,000, about half the expected numbers, lending further credence to evidence of a fitful, not robust, recovery.
Maintaining Momentum, Economy Adds 223,000 Jobs; Unemployment Stays at 8.3%
The U.S. economy is maintaining its job-creation momentum, adding 223,000 jobs in January, and revising upward previous job-creation figures for December and January by 61,000 jobs. Over the past three months, the economy added 730,000 jobs.
Unemployment Falls to 8.5%, Lowest Level in Almost 3 Years, as 200,000 Jobs Are Created
The decline in unemployment, a boon to Obama’s reelection hopes, was the result of actual job creation, rather than a reduction in labor force participation.
The 10 Greediest Americans of 2011
Whether they manage football pageants or Ford Motor Co., these guys, from Walmart’s Michael Duke to ex-Massey Energy’s Don Blankenship, remind us how much needs to change, economically and politically, in 2012 and beyond.
We Don’t Need Another Payroll Tax Cut
We can all afford less tax coddling and more fiscal responsibility. But don’t expect to hear that from allegedly conservative Republican and our blandly, irresponsibly centrist president, who’s bribing his way to a second term.
Bleak Houses: Hiring Discrimination and Distress Darkening Holidays for Millions
A report documents the boiling frustration, despair, and economic uncertainty that unemployed and under-employed Americans face this holiday season, which could get worse if Congress doesn’t extend federal unemployment aid by month’s end.
Obama’s Roosevelt Envy–And Ours
Obama’s version of Roosevelt Lite won’t cut it if he can’t back up his rhetoric with a more serious program of defending the middle class against corporate predators and rich-class irresponsibility.
Obama’s Speech on the Economy in Osawatomie, Kansas: Video and Text
Full text and video of Barack Obama’s speech on inequality, fairness and the economy in Osawatomie, Kansas, on Dec. 6, 2011.