economy
Austerity debate remains unresolved after shutdown drama
November 12, 2013There was one victory the neo-Confederate Republicans can claim that even the old Confederacy could not: the ability to shutdown the federal government, a symbol of their supreme distaste for both union and democracy.
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Today in labor history: Wall Street crash of 1929
October 29, 2013The Wall Street Crash was the most devastating stock market crash in the history of the U.S. Iit signaled the beginning of the 10-year Great Depression that affected all Western industrialized countries.
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Jobless rate drops slightly in September
October 22, 2013The U.S. unemployment rate dropped 0.1 percent from August to September, to 7.2 percent, the BLS said. The partial federal shutdown/lockout sent all of the BLS staff home in the first two weeks of October and...
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Shutdown cost: $24 billion and counting
October 18, 2013The government shutdown may be officially over but its estimated cost of $24 billion to the American taxpayers will continue to rise every day for a long time to come.
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Union leaders welcome end of shutdown, lifting of debt limit
October 17, 2013Union leaders welcomed Congress' end of the two-week partial federal shutdown and the decision to suspend the nation's debt limit, thus avoiding what would have been a first-ever default.
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