Truthout
Economy & Labor
![SpaceX owner and Tesla CEO Elon Musk poses on the red carpet of the Axel Springer Award 2020 on December 1, 2020, in Berlin, Germany.](https://truthout.org/app/uploads/2021/01/GettyImages-1229893385-400x300.jpg)
The Richest 500 People in the World Added $1.8 Trillion to Their Wealth in 2020
The wealthiest people in the world made historic income gains in 2020 as most people struggled to afford rent and food.
![The Debt Collective is urging President-elect Biden to cancel all student debt "because it’s the moral thing to do.”](https://truthout.org/app/uploads/2020/12/GettyImages-1042539442-400x300.jpg)
People in Debt Have Formed a Union to Fight Back
The Debt Collective is urging President-elect Biden to cancel all student debt "because it’s the moral thing to do.”
![Rideshare driver Jorge Vargas raises his "No on 22" sign in support as app-based gig workers hold a driving demonstration with 60-70 vehicles blocking Spring Street in front of Los Angeles City Hall on October 8, 2020, in Los Angeles, California.](https://truthout.org/app/uploads/2020/12/2020_1230-prop-22-400x300.jpg)
2020’s Legislative Attacks on Gig Workers Will Change Labor Forever
The passage of Proposition 22 in California may serve as a catalyst for a new kind of labor organizing across the U.S.
![Senate Minority Leader Chuck Schumer arrives on Capitol Hill on December 29, 2020, in Washington, D.C.](https://truthout.org/app/uploads/2020/12/2020_1231-chuck-schumer-400x300.jpg)
Only Six Senate Democrats Voted Against Advancing $740 Billion Pentagon Bill
The vote effectively kills the prospect of a vote on $2,000 direct payments before the next Congress.
![Mitch Mcconnell](https://truthout.org/app/uploads/2020/12/2020_1230-mitch-mcconnell-400x300.jpg)
McConnell Is Pushing Poison Pill Legislation to Tank $2,000 Checks
The effort comes after blocking a vote on a House-passed bill that would provide $2,000 direct payments.
![Sen. Bernie Sanders talks during an interview in the Russell Rotunda in Washington, D.C., on December 16, 2020.](https://truthout.org/app/uploads/2020/12/2020_1229-bernie-sanders-400x300.jpg)
Bernie Sanders Vows to Filibuster Military Budget to Force Vote on $2,000 Checks
Though Sanders can't ultimately stop the veto override, he can force the Senate to stay in session until the New Year.
![Bernie Sanders](https://truthout.org/app/uploads/2020/12/2020_1228-bernie-400x300.jpg)
Sanders Says Trump Must Get GOP to Stop Blocking $2,000 Relief Checks
The House on Monday will attempt to pass legislation to increase the direct payments in the aid measure to $2,000.
![Brett Guthrie](https://truthout.org/app/uploads/2020/12/2020_1228-Brett-400x300.jpg)
Members of Congress Profited From Paycheck Protection Program
This data comes as Congress passes a meager $600 relief check for ordinary workers.
![President Donald Trump departs on the South Lawn of the White House, on December 12, 2020, in Washington, D.C.](https://truthout.org/app/uploads/2020/12/GettyImages-1230086925-400x300.jpg)
Trump’s Intervention Puts Flawed But Necessary COVID Relief Bill at Risk
President Donald Trump's attempt at sabotage could derail congressional efforts to protect the economy.
![Nurses of Montefiore New Rochelle Hospital on 2 days strike after contract negotiations ended with no agreement, in New Rochelle, New York, on December 1, 2020.](https://truthout.org/app/uploads/2020/12/GettyImages-1229901603-400x300.jpg)
New Organizing Model Helps Build Worker Power Among the Unorganized During COVID
The Emergency Workplace Organizing Committee is training workers and helping them organize in non-unionized workplaces.