The federal government squandered the time the states spent in lockdown. We still face a national shortage of COVID-19 test kits and PPE and there is no nationwide testing or contact tracing [...]
Like the financial meltdown of 2007–08, the deepest economic crisis since the Great Depression and a period of political radicalization, this period will dawn a new epoch in struggle. The [...]
Lee Camp sits down with Vijay Prashad, the executive director of The Tricontinental: Institute for Social Research. They discuss how the US failed in the face of the coronavirus pandemic, the [...]
Congress created special unemployment benefits so that laid-off workers could stay home while the coronavirus pandemic rages outside, but the Trump administration wants states to make sure that [...]
By Jack Rasmus, Predicting the Global Economic Crisis. -
This past Friday, May 8, the US Labor Dept. released its latest jobless figures. The official report was 20 million more unemployed and an unemployment rate of 14.7%.
Both mainstream and [...]
The difficulties caused to workers by record unemployment during the pandemic are a product of capitalism. Most of the time, employers decide to hire or fire workers depending on which choice [...]
Our political leaders, Republican and Democrat, are leaving tens of millions of people in free fall. Instead of a guaranteed income and universal, single-payer healthcare, we are offered paltry, [...]
The number of workers applying for unemployment insurance (UI) benefits has risen to never-before-seen levels as a result of the coronavirus shock. In the last six weeks, nearly 28 million [...]
Earlier this week, the Trump Administration issued an Executive Order to use the Defense Production Act to order meatpacking plants to remain open.
Now, Smithfields is already using Trump’s [...]
In the last five weeks, the number of workers applying for unemployment insurance (UI) benefits has skyrocketed to well over 20 times what it was in the pre-coronavirus period, and over five [...]
A month ago, Sami Bourma had two jobs. He was a cafeteria cook at the National Institutes of Health and an Uber driver. Now, he can’t work.
Furloughed from his NIH job and wary of picking up [...]
Thursday’s jobless claims leave no doubt that the country is in the grips of another severe recession. More than 6.6 million Americans filed for unemployment insurance in the last week. That [...]
A recent work visit to Germany, where I grew up, stretched from one week to three. Those weeks coincided with the spread of the coronavirus in Germany as well as across Europe.
What I saw [...]
As state and local governments implement social-distancing measures to suppress and contain the spread of COVID-19, many businesses are faced with a large decrease in sales and revenue. This [...]
By Aaron Sojourner and Paul Goldsmith-Pinkham, Epi.org -
A greater share of Americans filed for unemployment insurance in the week ending March 21 than in any prior week in American history, according to our analysis of news reports.
Many states [...]
