Spreading the truth. Empowering the people.
Gig workers weigh. PUA and “Initial Claims” surge. But millions of other workers got their jobs back. Here are the “Insured Unemployment Rates” for each state, topping out at 30%. … Read more
by UPFINA The graphic below is a great summary of the latest numbers on the COVID-19 crisis. It shows cases, the lockdown, economic data, and financial markets. The lockdown tracker being … Read more
Holy cow, Los Angeles. The economy is gradually opening up. But the exodus has started hard and heavy. And the influx has stopped. By Wolf Richter for WOLF STREET. A little anecdotal thingy … Read more
by Badatu 9,991 layoffs: YMCA 1,498 layoffs: Cinemark 1,463 layoffs: Hy-Vee 1,354 layoffs: Punch Bowl Social 1,328 layoffs: Trans States Airlines 506 layoffs: Take 5 Oil Change 407 layoffs: Paper … Read more
Authored by John Authers, op-ed via Bloomberg.com, As the Black Death scythed through Europe in 1348 and 1349, workers across the continent discovered that they had power for the first time … Read more
by UPFINA Restaurants are in complete turmoil because they are places were people gather together. Gathering together is against CDC guidelines (until April 30th) so most have had to close. On … Read more
Fed seems to suggest this too t.co/ggpXug3UKv — Jordan Schachtel (@JordanSchachtel) March 30, 2020 FED: Third of Americans will be unemployed… KEY POINTS The coronavirus economic freeze could cost 47 … Read more
(Silver Doctors Editors) President Trump has put the States on notice. He basically announced to the various Governors that new guidelines are coming from his Administration, so get ready to … Read more
The federal labor board on Friday approved a roughly $76 million dollar offer by CNN to settle a long-running labor dispute with camera operators who accused the news organization of … Read more
by NineteenEighty9 Source Here’s what I’m referring to: Prices for U.S. imports increased 0.2 percent in November, after decreasing 0.5 percent in October and rising 0.1 percent in September. The … Read more
All it will take is one tragedy to ignite mass detention, a shadow government and martial law. Continuity of Government, which is still in act today, resides in a nebulous … Read more
by Charles Hugh-Smith Once we understand this mechanism, we understand that labor can never get ahead. I’ve been pondering a comment longtime correspondent Drew P. emailed me in response to … Read more
www.cnbc.com/2019/09/09/apple-appl-claims-it-broke-china-labor-laws-at-iphone-factory-mostly-false.html Apple on Monday denied most of what is in a report which alleges that the iPhone-maker and its manufacturing partner Foxconn violated Chinese labor law. A report by China … Read more
by Charles Hugh-Smith What happens when these monstrous speculative bubbles pop? Let’s start by stipulating that if I’d taken a gummit job right out of college, I could have retired … Read more
Today’s average gas price of just over $2.58 per gallon is 25 cents cheaper than during the Labor Day weekend last year, according to AAA. Average prices by state range … Read more
by Joe Guzzardi A recent Economic Policy Institute Study titled “CEO Compensation Has Grown 940% since 1978” is a Labor Day lament for American workers whose wages during the same period … Read more