economy – Page 148 – People's World

It’s official: jobless rate in January at 9 percent

February 4, 2011 By Mark Gruenberg

Unemployment dropped in January by .4 percent to 9 percent, the Bureau of Labor Statistics reported. It was the second straight .4 percent monthly decline in the official rate. That was the only good news in...

Neighborhood Grocery Initiative takes on non-union megastores

February 4, 2011 By Tatyana Torregian And Marilyn Bechtel

United Food and Commercial Workers Local 5 in northern California says the year 2011 poses unprecedented challenges for its members working in the grocery industry.

Republicans set to kill mortgage assistance programs

February 3, 2011 By Joe Sims

Republican members of Congress have set their sight on gutting assistance to troubled homeowners at risk of foreclosure.

Cuomo budget axe chops health care, education

February 3, 2011 By Dan Margolis

NEW YORK - Democratic Governor Andrew Cuomo presented his proposed state budget yesterday, Feb. 1, unveiling huge spending cuts to social services, especially education and health care.

Germany: Scandals for the Baron and a vote for more war

February 2, 2011 By Victor Grossman

A series of scandals scratched the shining image of the scion of conservative Bavarian circles. But the Bundestag once again defied German majority opinion and voted to continue the use of troops in Afghanistan.