CHICAGO (AP) — Gov. Rod Blagojevich ordered all state agencies Dec. 8 to stop doing business with Bank of America to try to pressure the bank into helping laid-off workers staging a sit-in at their shuttered factory.
CHICAGO — As news of workers occupying the Republic Windows and Doors factory here spread across the nation Dec. 7, President-elect Barack Obama came out on the side of the workers.
Solidarity pours in for Chicago workers occupying factory, Obama says demands are 'absolutely right'
CHICAGO – Solidarity is pouring in for 250 workers who have been sitting-in for three days at Republic Windows and Doors, including from President-elect Barack Obama. The company closed abruptly Dec. 5 because Bank of America, its chief investor, refused to extend a $5 million line of credit. BA recently received a $25 billion bailout from the federal government.
We're here to demand our rights,' said Manuella Rivera in a gentle but firm voice, 'and we'll stay until we get justice.' Rivera, a 58-year-old window assembler is among workers at Republic Windows and Doors who have been occupying the plant since Dec.5 when it was shut down. The workers have vowed to stay until they receive $1.5 million in severance and vacation pay and health benefits they are legally entitled to.
WASHINGTON (PAI)--With the nation now officially in a recession for a year -- and expected to stay that way all next year -- the U.S. jobless rate rose 0.2 percent in November to 6.7 percent, the Bureau of Labor Statistics reported. Another 533,000 people lost their jobs. The number of unemployed shot up to 10.331 million.
It's been one week since New York Times financial columnist Andrew Ross Sorkin wrote that at General Motors, 'the average worker was paid about $70 an hour, including health care and pension costs.'
The economic crisis is likely to result in wage declines all over the world, with wages dropping faster than production, the International Labor Organization (ILO) said in a report it issued Nov. 28.
CHICAGO — Bank of America likes to foster a community-oriented image by sponsoring such local events as the Chicago Marathon. But it has revealed a far uglier side, a destroyer the livelihoods and economic wrecker of Chicago neighborhoods.