economy – Page 224 – People's World

Crunch hits Germany

February 6, 2009 By Mirko Knoche

Reposted from Morning Star GERMANY is facing a dire economic crisis. Following the collapse of Lehman Brothers in the United States last September, it became apparent that German banks also had large amounts of toxic real...

January layoff rates soar

February 6, 2009

The US private sector cut 522,000 jobs in January. The private consulting firm Automatic Data Processing (ADP), number layoffs in manufacturing at 243,000 and 279,000 in services. ADP says large companies slashed 92,000 jobs, mid-size companies...

Worldwide economic recession could cut jobs by 50 million

February 5, 2009 By International Transport Workers Federation

Reposted from the International Transport Workers Federation The global economic crisis could see more than 50 million jobs lost around the world, according to the International Labour Organization's (ILO) latest report on employment.

Unions press Senate to back stimulus bill

February 4, 2009

Reposted from Workday Minnesota WASHINGTON - Unions and their allies, working both through ground troops and over the air, are pushing senators of both parties to approve the giant economic stimulus bill now moving through Congress.

To help economy recover, join a union

January 31, 2009 By John Wojcik

Rise in union membership reported The Labor Department reported Jan. 29 that the number of union members increased by 428,000 in 2008, hiking the total increase in union membership to 750,000 in the last two years.