In the midst of an enormous, unavoidable increase in national unemployment, the $600 per week unemployment benefit increase that has sustained millions is set to run out at the end of this month, [...]
According to newly released Bureau of Labor Statistics (BLS) figures, 47.2 percent of working-age Americans were without work in May, the highest level recorded since the end of World War [...]
The capitalist class in the United States now wants to force unemployed workers to take a job, any job, no matter how dangerous or low paid. This attack on workers’ incomes drags down the economy [...]
Buried at the bottom of the Bureau of Labor Statistics' May jobs report—which President Donald Trump and Republican lawmakers touted Friday as evidence that the U.S. economy is rebounding from [...]
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 [...]
