Truthout
Jobs
Mr. President, the Elephant in the Room Is Not a Republican
Black male unemployment is 14.8 percent, and the current trend is up.
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Fed Leaning Closer to New Stimulus if No Growth Is Seen
A growing number of Federal Reserve officials have concluded that the central bank needs to expand its stimulus campaign unless the nationu2019s economy soon shows signs of improvement, including …
Election Countdown 2012: Bankrupt California Cities Announce Plan to Seize Loans on “Underwater” Homes, and More
Two bankrupt Californian cities of Fontana and Ontario in San Bernardino County offer a bracing jolt to Washingtonu2019s passivity. Where the Obama administration has largely failed [succeeded] to ease …
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Activists Seek Increase in Federal Minimum Wage
In an election year dominated by socioeconomic themes, it seems logical that raising the federal minimum wage would become a heated campaign issue in the battle for the presidency.
Raising the Minimum Wage Is Cheap and Easy
At the current rate of $7.25 an hour, a full-time, year-round worker would have gross pay of less than $15,000 a year.
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The Problem Isn’t Outsourcing. It’s that the Prosperity of Big Business Has Become Disconnected From the Well-Being of Most Americans
The American economy has moved way beyond outsourcing abroad or even u201cin-sourcing.u201d Most big companies headquartered in America donu2019t send jobs overseas and donu2019t bring jobs here from abroad.
So DID Mitt Romney Really “Create Jobs” at Staples?
Did Mitt Romney really “create 100,000 jobs” with Staples? Simple answer: only if no one else was selling office supplies, stationery, etc. before Staples came along. What Staples did …
The Labor Law Reform We Need
When the next opportunity for labor law reform arrives, union membership will be smaller and our political clout even more diminished. If we are to succeed, future reform proposals …
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Four Spending Myths That Could Wreck Our World: How Not to Solve an American Crisis
If lawmakers skipped the myth-making and began putting Americau2019s resources into a series of domestic investments that would spur the economy now, their acts would yield dividends for years …
Inequality Rises as Union Numbers Decline
By now, weu2019ve all heard about the growing disparity between rich and poor u2014 and most of us have felt the effects. This chart, posted by Colin Gordon of …