Truthout
Economy
Over 33 Percent of Low-Paid Workers Lost Jobs During Pandemic
Perhaps this pandemic’s devastation will promote a debate on the failures of our ragged social safety net.
New Study Says Appalachian Fracking Boom Has Done Little for Local Economies
The analysis concluded that about 90 percent of the wealth created from shale gas extraction leaves local communities.
Trump Is the First President to Leave Office With a Loss of Jobs Since Hoover
The unemployment rate fell to 6.3 percent, but job growth is still weak.
Britain Prepares for Increased Isolation in Wake of Brexit Deal
The grim realities of the Brexit deal announced on Christmas Eve are beginning to sink in.
The Insufficient COVID Stimulus Must Not Be Followed by Austerity
Critics say the $900 billion relief package does not go far enough in providing direct aid to those in most need.
Companies Took $1.8 Billion to Save Jobs and Laid Off 90,000 Workers Anyway
Businesses that don’t rehire all their workers may have to pay back the loans plus 1 percent interest.
As COVID Rages, We Are Experiencing Mass Abandonment Amid Abundance
The human and economic toll has been anything but equal across society.
PPP Loans Failed to Reach Communities in Most Need
Most PPP loans went to businesses in communities that already had more access to resources.
Organized Debtors Are Preparing to Strike If Biden Doesn’t Cancel Student Debt
President-elect Biden will be able to cancel nearly all student debt without congressional approval, if he chooses to.
The Senate’s Latest COVID Stimulus Won’t Solve the Hunger and Housing Crisis
Hopes are pinned on a $908 billion proposal that includes only a fraction of what is necessary to contain these crises.