Truthout
Economy & Labor
Berlin’s Pledge to Socialize a Quarter Million Apartments Faces Obstruction
Politicians and corporate landlords have tried to block the plan, but voters have a chance to push back in new election.
Massive Inequality Is a “Concerted Elite Class Project,” Says Heather Gautney
It’s no accident that inequalities have widened under entrenched corporate power, says sociologist Heather Gautney.
Unemployment Hits New Half-Century Low as Job and Hour Growth Soar in January
The prior two months’ data was also revised up, bringing the average gain over the last three months to 356,000 jobs.
Black Taxpayers Are at Least 3 Times More Likely to Face Audits
New research suggests that underfunding of the IRS may be partially to blame for racial disparities in tax enforcement.
Consequences of Brexit Are Surfacing as UK Faces Severe Labor Shortages
Unharvested crops are rotting in the U.K. amid a post-Brexit labor shortfall of 330,000 workers.
750 Temple University Graduate Workers Walk Off the Job
Temple’s grad workers earn about $19,500 a year, while the average annual rent in Philadelphia runs about $23,000.
The Debt Ceiling Benefits the Rich and Powerful, Says Economist Richard Wolff
In addition to reaping the benefits of tax cuts, corporations and the wealthy can become lenders to the U.S. government.
Miami’s Mayor Went All In on Cryptocurrency. His Constituents Suffered.
Miami Mayor Francis Suarez made outlandish claims about the boon of MiamiCoin, but it's lost 99 percent of its value.
Migrant Farmworkers Have No Safety Net in the Face of Catastrophic Flooding
Many farmworkers are still out of work and struggling to afford food in the wake of California’s disastrous floods.
Sanders Calls for Minimum Wage to Be Raised to at Least $17 an Hour
Because of inflation, fighting for a $15 an hour minimum wage is no longer enough, Sanders said.