Truthout
Economy & Labor
![Sen. Bernie Sanders speaks at George Washington University on September 24, 2020, in Washington, D.C.](https://truthout.org/app/uploads/2020/11/2020_1119-bernie-sanders-400x300.jpg)
GAO Study Shows How Taxpayers Subsidize “Starvation Wages” of Corporate Giants
“The real looting in America is the Walton family becoming $63 billion richer during a pandemic,” tweeted Sanders.
![President-elect Joe Biden walks by Vice President-elect Kamala Harris as he prepares to deliver remarks about the U.S. economy during a press briefing at the Queen Theater on November 16, 2020, in Wilmington, Delaware.](https://truthout.org/app/uploads/2020/11/2020_1117-biden-harris-400x300.jpg)
Real Economic Recovery Can’t Happen Until COVID Is Under Control, Biden Says
It is almost impossible to explain how difficult a task President-elect Joe Biden has before him.
![Tenants hold a demonstration to call attention to their rent strike during the COVID-19 pandemic on October 28, 2020, in Harlem, New York.](https://truthout.org/app/uploads/2020/11/2020_1117-rent-strike-400x300.jpg)
Biden’s First 100 Days Should Be Focused on Policies Protecting Most Vulnerable
A fusion politics of the poor and dispossessed can awaken the moral imagination of the nation.
![Senate Majority Leader Mitch McConnell speaks during a news conference on Capitol Hill on October 20, 2020, in Washington, D.C.](https://truthout.org/app/uploads/2020/11/2020_1115-mitch-mcconnell-400x300.jpg)
Economists Say US Needs 400 Percent More COVID Relief Than McConnell Is Offering
The senate majority leader's delays threaten to worsen the issues that the stimulus bill is supposed to relieve.
![Hundreds of community members line up early to pick up food boxes at Chelsea Collaborative during their weekly food drive in Chelsea, Massachusetts, on July 15, 2020.](https://truthout.org/app/uploads/2020/11/2020_1113-food-bank-400x300.jpg)
One-Time Stimulus Checks Aren’t Good Enough. We Need Universal Basic Income.
A universal basic income could restore a sense of safety that the pandemic has destroyed.
![Senate Majority Leader Mitch McConnell heads to the Senate floor to gavel the Senate into session on November 9, 2020, in Washington, D.C.](https://truthout.org/app/uploads/2020/11/2020_1113-mitch-mcconnell-400x300.jpg)
1 in 10 Go Hungry as Trump and McConnell Fixate on Challenging Election Results
Economic recovery is slowing as COVID-19 cases surge and Congress remains deadlocked on pandemic relief.
![Donald Trump speaks in front of a blue backdrop reading "Farm Bureau"](https://truthout.org/app/uploads/2020/11/2020_1109-trump-farmers-400x300.jpg)
Trump Freezes Wages of Farmworkers Following Election Day
The new rule is an example of the kind of damage Trump could attempt to inflict on his way out of office.
![A construction worker wearing a mask drags a barricade on a closed street on September 29, 2020, in New York City.](https://truthout.org/app/uploads/2020/11/2020_1106-construction-economy-400x300.jpg)
Unemployment Falls to 6.9 Percent — But Don’t Expect Improvements to Last
With COVID-19 numbers hitting new records almost daily, the future is anything but certain when it comes to employment.
![Dozens attend the NAACP Hillsborough County Branch Souls to the Polls voter drive at the C. Blythe Andrews, Jr. Public Library on November 1, 2020, in Tampa, Florida.](https://truthout.org/app/uploads/2020/11/2020_1106-florida-voters-400x300.jpg)
Florida’s Stunning Minimum Wage Win Shows Momentum Extends Beyond Blue States
In passing Amendment 2, Florida joins seven other states with a $15 per hour minimum wage.
![An Uber driver looks up from his phone at the LAX Airport, California, August 20, 2020.](https://truthout.org/app/uploads/2020/11/2020_1104-uber-prop-22-400x300.jpg)
Uber and Lyft Stocks Soar as California Overturns Protections for Gig Workers
Proposition 22 overturns a California state law that required gig workers to be treated as employees with benefits.