Truthout
Economy & Labor
Activists Are Challenging Laws That Enable Vulture Funds to Exploit Global South
Vulture funds target financially distressed areas like Puerto Rico. Independence organizers are pushing back.
Fed Chair Jerome Powell Says Corporations “Are Raising Prices Because They Can”
The statement came after Sen. Elizabeth Warren prodded the Federal Reserve leader on the issue.
Second Starbucks Location Unionizes as Union Wave Sweeps Stores Across the US
The Genesee Street location in Buffalo, New York, voted 15 to 9 in favor of unionization.
Republicans Only Extend Unemployment When It Protects Anti-Vaxxers
This is the very same GOP that has been pillaging the safety net in order to provide tax cuts to the rich.
Starbucks Workers in Chicago, Ohio and Oregon Join Unionization Efforts
The three stores bring the total to about 16 Starbucks locations that have filed to unionize.
Columbia University Student Workers Triumph in Campaign for First Union Contract
The strike lasted ten weeks, but this agreement is the culmination of almost ten years of organizing.
Schools Need More Resources Before They Can Open Safely, Chicago Teacher Says
A Chicago teacher discusses this week’s vote to move to remote learning and the backlash from Mayor Lori Lightfoot.
Unemployment Falls, Wages Grow for Most Disadvantaged in Strong Jobs Report
The unemployment rate fell another 0.3 percentage points in December, bringing it down to 3.9 percent.
21 States Hike Minimum Wage as Pressure Mounts to Raise $7.25 Federal Wage Floor
More than 20 states across the U.S. increased their minimum wages on the first day of 2022.
Widespread Discontent Drove Labor’s Advances in the Private Sector in 2021
The resurgence of the U.S. labor movement remains nascent, but working-class power is beginning to regain its footing.