Tag: unemployment
US jobless rate broke depression-era record—but most media missed it
It’s hard to understand why reporters and editors would have missed an opportunity for a banner headline saying that the unemployment rate in this stunning pandemic recession had already leapt to or perhaps beyond a Great Depression level.
Neither pandemic nor economic collapse is going to be a short-lived...
Huge layoffs = major recession; Raging infections and deaths = major epidemic.
With record-shattering unemployment, Sanders, Schumer, and Wyden ask Trump’s labor dept:...
“It is absolutely imperative that the millions of Americans who are eligible for unemployment benefits receive every dollar to which they are entitled as quickly as possible.”
#Cancelrent: Tenants demand rent relief & organize strikes as unemployment surges...
Tenants around the country are calling for immediate rent cancellation. Some are planning to “rent strike.”
Is there homelessness in our future?
The only solution to homelessness is a combination of providing for more low cost housing and boosting income.
Job growth bounces back in June, but unemployment edges upward
While workers are seeing modest real wage growth, it is much less than would be expected with the lowest unemployment rate in 50 years.
Getting poorer while working harder: The ‘cliff effect’
In addition to boosting wages, it will take major policy changes, like making child care more universally available and affordable, to offset the skyrocketing costs of living for American workers.
Facts that privileged Americans don’t want us to know
The following facts should have been reported by the mainstream media, but unfortunately most of that media is controlled by the very people who have reason to hide the facts.
Unemployment falls to lowest level since 1969 as economy adds 134,000...
In spite of the unusually low unemployment rate there is little evidence of wage acceleration.
Why wages are going nowhere
The combination of high corporate profits and growing corporate political power has created a vicious cycle.














