Recession – Page 3 – People's World

Booming Silicon Valley economy hides rising social inequality

August 20, 2013 By Michelle Kern

While fueling a new source of profits for Wall Street, working families are not enjoying the benefits of California's Silicon Valley economic resurgence.

Task force confronts at-risk pensions for 10 million workers

March 29, 2013 By Press Associates

The 2007-08 financial crisis, spurred by Wall Street's "casino capitalism," still threatens pension plans that affect 10 million workers.

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.

Union leaders to Obama: raise taxes on the rich, aid middle class

November 14, 2012 By Mark Gruenberg

Union leaders meeting with Barack Obama on Nov. 13 urged him to stick to his campaign pledges to raise taxes on the rich and to aid the middle class.

Labor fightback in the Great Recession

May 8, 2012 By Scott Marshall

For over 30 years the labor movement has faced relentless corporate, political, and right-wing attack. And since the "great recession," this attack has risen in intensity and viciousness.