Truthout
Economy & Labor
Unemployment Drops to 6.2 Percent — But Long-Term Unemployment Continues Soaring
Older workers have been hit hardest by ongoing joblessness.
Rev. William Barber to Democrats: “Stick Together” and Pass the $15 Minimum Wage
An estimated 140 million people in the U.S. were already living in poverty before this pandemic.
To Renew Our Democracy, We Need to Tax the Ultrarich
After the tech sector, Wall Street is the second highest source of wealth for American billionaires.
Elizabeth Warren Unveils 2 Percent Wealth Tax on “Ultra-Millionaires”
The Ultra-Millionaire Tax Act of 2021 calls for a 2 percent tax on wealth between $50 million and $1 billion.
Factory Workers in Burma Are Resisting the Military Coup With Strikes
General strikes and international solidarity are now offering the best hope to resist the military coup in Burma.
Progressives to VP Kamala Harris: “Use Your Power. Keep $15 in.”
The Senate parliamentarian's opinion on the minimum wage hike is not binding, and Harris has the authority to ignore it.
Black Families Have a Major Stake in the Postal Service’s Future
USPS has long been a major source of good middle-class jobs for Black workers.
Biden Could Hire Jobless Oil and Gas Workers to Plug Abandoned Oil Wells
Tens of thousands of oil and gas workers are losing their jobs. The Biden administration could hire them tomorrow.
In What Universe Is a $15 Wage “Too High”? Joe Manchin’s.
Further, the CBO often culls negative effect studies to critique a $15 minimum wage, stoking resistance to an increase.
As US Mourns 500,000 Lives, Billionaires Gained $1.3 Trillion During Pandemic
The U.S.'s 664 billionaires now have a combined net worth of $4.2 trillion.