economy
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California budget ‘crisis’ used as club against workers
California Gov. Arnold Schwarzenegger has signed an executive order forcing up to 200,000 permanent state workers to start receiving the…
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PSL candidates support California state workers
Statement from the campaigns of Nathalie Hrizi, U.S. Congress, District 12, and Lucilla Esguerra, California State Assembly, District 48. Both…
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Unemployment rises, real wages fall, workers pay
Unemployment rose yet again in July, reaching 5.7 percent, the highest level in over four years. Job losses totaled 51,000…
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Lenders get lifeline, homeowners drown in foreclosure crisis
President Bush recently signed into law H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act, to address the foreclosure…
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Analysts say more banks will fail
Analysts predict that as many as 150 U.S. banks could fail in the next 12 to 18 months. The news…
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Working people struggle to keep lights on, cars running
Higher gas prices at the pumps and rising utility costs at home are quickly becoming widespread symptoms of the growing…
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Foreclosure crisis to last ‘into the next decade’
The worsening housing crisis is taking a heavy toll across the country with the highest foreclosure rates since the Great…
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Starbucks to dump 12,000 workers to quench thirst for profits
The Starbucks Corporation has announced that it plans to close a total of 600 stores in the United States. The…
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Corporate recklessness continues to cost workers their homes, jobs
On June 25, 2008, the AFL-CIO released the result of its 2008 Ask a Working Woman Survey. "I have to…
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What is behind the rise in gas prices?
Throughout the country and around the world, gas prices are rising at astronomical rates. In the month of April alone,…
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