Truthout
Economy & Labor
In Win for Gig Workers, Judge Rules California’s Prop 22 Unconstitutional
Passed last November, Prop 22 let companies evade labor rights by classifying workers as independent contractors.
The Real Impact of the $1.2 Trillion Infrastructure Bill Will Be Felt Locally
For decades, many localities have preferred to cut taxes and defer needed improvements to infrastructure.
CEOs Got Bonuses While Workers Struggled During the Pandemic
CEOs at the largest publicly traded companies earned, on average, 351 times as much as the typical worker.
Biden Forgiving Student Debt of Disabled People, Totaling $5.8 Billion
The administration is simplifying an existing program that allows totally disabled people to have student debt forgiven.
Executives Cut Their Own Salaries to Save Even More on Taxes Under Trump Law
Some business owners used a loophole in the Trump tax cut to reclassify their wages as profit, reducing their tax bill.
The NLRB Says Amazon Cheated in the Bessemer Union Election. What Happens Next?
The labor board’s recommendation for a rerun election is no guarantee against renewed anti-union activities by Amazon.
Corporate Property-Buying Spree May Make Housing Even Less Affordable Amid COVID
Corporate investors have been buying up homes from landlords unable to maintain their properties without rental income.
Trump’s Tax Cut Helped 82 Ultrawealthy Households Save More Than $1 Billion
The millions spent on campaign donations and lobbying for the cuts are minuscule compared with the savings of the rich.
Credit Rating Agencies Have Punished Poor Nations for COVID-Related Spending
Rating systems have penalized Ethiopia and Morocco for seeking increases to public spending or debt relief amid COVID.
More Workers Are Saying That Minimum-Wage Jobs Just Aren’t Worth It Anymore
Since the pandemic hit, more people have started to question why they should accept poor working conditions and low pay.