Truthout
Economy & Labor
Economy Gains 339,000 Jobs in May Though Unemployment Rises to 3.7 Percent
If the goal of the Fed’s interest rate policy was to weaken the labor market, they seem to have gotten their wish.
Why Is the Fed Seeking Advice From the Architect of Past Financial Meltdowns?
Fed Chair Jerome Powell has been looking to disaster-prone ex-Treasury head Larry Summers for insight, emails reveal.
Debt Limit Deal Prohibits Biden From Extending Student Loan Payment Pause Again
The bill would implement a sweeping change for student debt at a time of great uncertainty for borrowers.
74 Percent of Voters Support Raising Federal Minimum Wage to $20 an Hour
The federal minimum wage hasn’t been raised in 14 years, a record-long stretch.
Bernie Sanders and William Barber Announce Rallies for $17 Minimum Wage
Barber, co-chair of the Poor People's Campaign, plans to join Sanders to "make the moral case for raising wages."
One Small Union Is Stoking Much of the Militant New Graduate Worker Organizing
Stoked by an independent union, grad worker unionization is transforming the labor movement and progressive politics.
Federal Judge Blocks JetBlue, American Airlines Alliance in Antitrust Win
"Today's decision is a win for Americans who rely on competition between airlines to travel affordably."
Minnesota Democrats Pass Major Pro-Union, Guaranteed Paid Sick Leave Bill
“This bill is a big damn deal,” said state Sen. Erin Murphy.
Labor Officials: Iowa GOP’s Child Labor Bill Would Violate Federal Law
Proposals like allowing children to work in meat coolers violate federal child labor safeguards, officials say.
Let’s Recognize That Care Work Is the Labor That Makes All Other Labor Possible
As a former direct care worker, I am fighting for living wages and labor protections for this underpaid work force.
GOP Tax Cut Plan Would Add $3.5T to Deficit, Congressional Budget Office Finds
If the GOP got its way, trillions would be transferred from the public straight into the pockets of the rich.
Report Reveals Top CEOs Dodge Taxes on Nearly $9 Billion in Retirement Funds
Some executives can expect to receive monthly retirement checks larger than their workers’ median annual pay.
McCarthy Pushes More Work Requirements for Medicaid and SNAP in Debt Talks
Biden could invoke the 14th Amendment to resolve the crisis over the debt ceiling for now, argues Robert Kuttner.