economy – Page 56 – People's World

Labor coalition urges N.Y. to raise minimum wage

February 4, 2013 By Hank M. Gracchus

A coalition of organized labor, community activists, and religious groups demonstrated support Jan. 29 for legislative initiative to increase the minimum wage in New York State. The minimum wage for nonexempt employees in the state is...

Unemployment at 7.9% in January

February 1, 2013 By PAI

The nation's unemployment rate was 7.9% in January, the Bureau of Labor Statistics said, up 0.1% from December's figure.

Video: Let banks fail, says Iceland’s president

January 28, 2013 By Teresa Albano

Icelandic President Olafur Ragnar Grimsson said part of the country's prescription to growing its economy in the wake of its terrible financial crisis was refusing to bail out the banks and rejecting austerity measures that put...

Immigration reform benefits country, economy

January 18, 2013 By Mary Kay Henry

As President Barack Obama is sworn in, we should take this moment to consider how our country must achieve a common vision for America.

Evo Morales remains popular despite corruption charges

January 14, 2013 By W. T. Whitney Jr.

Socialist-oriented projects, aimed at shoring up national independence and protecting indigenous rights, were on track. Yet the specter of governmental corruption had materialized.