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Thousands of Americans in their 80s are working in some of the most dangerous professions
Tag: Bureau of Labor Statistics
Red State Workers Could Lose Out on Disability Benefits as Trump Administration Rewrites Eligibility Rules
Trump plans to deny Social Security disability payments to hundreds of thousands of workers
The Federal Reserve is poised to punish workers even as paychecks have been shrinking
The big jump in hourly pay in November isn’t inflationary. Working families’ real earnings are no higher than they were before the pandemic.
The Federal Reserve is poised to punish workers even as paychecks have been shrinking
Weak US jobs report not weak enough: Financial markets plunge
The U.S. Bureau of Labor Statistics (BLS) reported Friday morning that just 263,000 jobs were added in the month of September, down from 315,000 in August. The total of new jobs matched the previous low, in April of 2021, for monthly job creation over the past 20 months.
Weak US jobs report not weak enough: Financial markets plunge
Surging cost of living in US drives class tensions to the breaking point
The latest inflation data published Tuesday shows that the working class confronts months of immense hardships as wages lose their value in the face of rising living costs. The ruling class’s attempt to make the working class pay for the crisis of capitalism is driving workers into struggle across the world, including in the United States, where teachers, nurses, and possibly railroad workers are launching powerful strikes.
Surging cost of living in US drives class tensions to the breaking point
Workers Allegedly Threatened With Jail if They Don’t Work Overtime
Scaffolders at a Canadian oil mine could allegedly be jailed for refusing to work overtime, according to a company memo circulating online.
Workers Allegedly Threatened With Jail if They Don’t Work Overtime
H/T: Workers Could Be Jailed for Refusing Overtime
Related:
Alberta Labour Relations Board Order regarding AlumaSafway Employees
Pledging “pain,” Federal Reserve declares war on the working class
In his speech Friday at the Federal Reserve’s annual summit in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell made one thing clear: America’s financial oligarchy is determined to make the working class bear the cost of the deepening economic crisis.
Pledging “pain,” Federal Reserve declares war on the working class
On this day, 24 July 2009, 3,000 steel workers in Tonghua, China rioted and beat an executive to death when threatened with privatization and job losses.
Jianlong Steel Holding Company official Chen Guojun, who earned over 3 million yuan the previous year, planned to take over the majority state-owned Tonghua Iron and Steel Group. He announced plans to cut the number of workers from 30,000 down to around 5,000, with those made redundant receiving around 200 yuan in compensation. The firm was still profitable, but the planned restructuring was aimed at increasing profits further amidst a global economic downturn.
Outraged, the workers shut down production and rioted, beating Chen, blocking roads and smashing police cars to prevent police and ambulances from reaching him.
The sale was subsequently scrapped.
On this day, 24 July 2009, 3,000 steel workers in Tonghua, China rioted and beat an executive to death when threatened with privatisation and job losses.
More:
The Fed is about to raise interest rates and shaft American workers – again
Policymakers fear a labor shortage is pushing up wages and prices. Wrong. Real wages are down and workers are struggling
The Fed is about to raise interest rates and shaft American workers – again
Ms. Cat’s Chronicles 
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