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Economy

Demonstrators demand that Delta Airlines contractor, Eulen America, hire back unemployed Fort Lauderdale-Hollywood International Airport workers on August 13, 2020, in Fort Lauderdale, Florida.
News
Economy & Labor

Trump Boasts About Economy But New Unemployment Claims Surpassed a Million

Long-term unemployment could become a serious problem as the pandemic-induced recession drags on.
by
Matthew Rozsa,
Salon
August 21, 2020
Truthout
A family walks beside the us/mexico border wall on the beach
News Analysis
Immigration

Anti-Immigrant Policies Are Not Only Cruel, They Also Have an Economic Cost

A humane immigration policy is a necessary component of any serious plan for recovering from the COVID recession.
by
David L. Wilson,
Truthout
August 19, 2020
Truthout
Former President Barack Obama and Vice President Mike Pence
News
Economy & Labor

Pence Says Trump Outperformed Obama on Jobs, Forgetting 20 Million Lost in April

More than half of the number of jobs that were lost in April have not yet been recovered.
by
Chris Walker,
Truthout
August 14, 2020
Truthout
A face mask is seen in front of the New York Stock Exchange on May 26, 2020, at Wall Street in New York City.
News
Economy & Labor

Monumental Contraction of US Economy Wipes Out Five Years of Gains

Failure to address the pandemic head-on may have resulted in larger quarterly economic losses than were necessary.
by
Chris Walker,
Truthout
July 31, 2020
Truthout
Staff and volunteers hold a drive to collect donations of Personal Protective Equipment from the community to supply hospitals and clinics that are experiencing shortages due to the COVID-19 pandemic on March 29, 2020, in Chicago, Illinois.
Op-Ed
Economy & Labor

How the US Chamber of Commerce Wrecked the Economy and Made the Pandemic Worse

The Chamber of Commerce lobbied against using the Defense Production Act to address COVID supply shortfalls.
by
Carl Pope,
Salon
July 24, 2020
Truthout
Britain's Prime Minister Boris Johnson wears a face mask during a visit to the headquarters of the London Ambulance Service NHS Trust in London on July 13, 2020.
Op-Ed
Politics & Elections

Self-Inflicted Wound of Brexit Will Make It Harder for UK to Recover From COVID

Britain’s self-inflicted isolation will exclude it from working with EU nations toward a post-pandemic age.
by
Sasha Abramsky,
Truthout
July 24, 2020
Truthout
Donald Trump, alongside Senate Majority Leader Mitch McConnell, and Sen. John Barrasso (center), speaks to the media following the weekly Republican Senate policy luncheon on Capitol Hill in Washington, D.C., on May 19, 2020.
Op-Ed
Economy & Labor

The GOP Is Getting Back to Business as Usual — Trying to Gut Social Programs

For Trump and the GOP, maintaining a façade of prosperity is necessary to keeping power.
by
Sasha Abramsky,
Truthout
June 20, 2020
Truthout
A man wearing a face mask walks past a sign "Now Hiring" in front of a store amid the coronavirus pandemic on May 14, 2020, in Arlington, Virginia.
News
Economy & Labor

Employment Jumps 2.5 Million in May, as Unemployment Falls to 13.3 Percent

Seventy-three percent of the unemployed report being on temporary layoffs.
by
Dean Baker,
Center for Economic and Policy Research
June 5, 2020
Truthout
People wait on a long line to receive a food bank donation at the Barclays Center on May 15, 2020, in the Brooklyn borough in New York City.
Op-Ed
Economy & Labor

We Must Respond to the COVID Crash Like We Did to the Great Depression — Boldly

In the face of devastation today, despite trillions in federal stimulus, real political action has been lackluster.
by
Nomi Prins,
TomDispatch
May 28, 2020
Truthout
White House economic adviser Kevin Hassett speaks to members of the press in front of the West Wing of the White House, May 22, 2020, in Washington, D.C.
Op-Ed
Economy & Labor

Trump Adviser Says “Human Capital Stock” Should Get Back to Work

To them, we are only meat for the machine, nothing more than an entirely expendable commodity.
by
William Rivers Pitt,
Truthout
May 26, 2020
Truthout
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