Biden is pledging to invest $300 billion in research and development over four years that would be spread across the U.S. Former Vice President Joe Biden is laying out a plan to rebuild the U.S. economy that includes cracking down on outsourcing, investing billions in research and development and creating at least 5 million jobs …
Biden vows to create 5M manufacturing jobs, ‘Buy American’ Read More »
Despite the drop in the unemployment rate in May, many economists feel further aid is needed. As Congress debates whether to allocate further relief to shore up the U.S. economy and get workers back on their feet, the unemployment rate has suddenly and unexpectedly fallen. Here’s a look at how the new numbers are shaping …
How the U.S. economic response could change as people go back to work Read More »
As of May 25, 2020, there were over 1.6 million cases of COVID-19 in the US. At a survival rate of 98.6% (calculated for New York) most of these people will recover and live healthy lives again. Unfortunately, the same cannot be said of businesses that were locked down to control the spread of the …
At some point, some way, businesses and other parts of the economy will reopen. Donald Trump wants that to happen within weeks, quickly and without regard for public health. But while we need to insist on listening to public health experts about when to reopen, there are also questions about what it should look like when that …
What would it look like to reopen the economy safely? First, listen to workers Read More »
Soaring unemployment is having immediate effects on millions of people, in an economy where—before coronavirus hit—40% of people said they’d struggle to deal with an unexpected $400 expense. Two of the big impacts are on two of the most basic expenses: rent and food. According to data from a trade group, 31% of renters hadn’t paid rent during …
Coronavirus doesn’t spare the powerful. As of this writing, two members of the House, a senator, and the president of Harvard University have tested positive. But as with so many things in the unequal United States of America, it’s going to be worse for people who are already vulnerable: low-income people, people in rural areas, homeless people, single parents, inmates, and more. There’s …
The stock market fell 7% at the open Monday morning. That may not sound like a lot, but it’s a catastrophic collapse—a financial crisis type number. Typically, the market might gain or lose in a whole year the value that was lost by the time the sound of the opening bell faded. The collapse appears to …
Government Must Act to Stop Spread of Economic and Financial Consequences of Coronavirus Read More »
In his State of the Union address Tuesday night, President Trump extolled the “blue-collar boom” in the economy along with his purported “great American comeback.” He made this claim based in part on two recent signature trade deals—the United States-Mexico-Canada Agreement (USMCA) and a “phase one” deal with China. Unfortunately, both agreements will likely to lead to …
Donald Trump Flat Out Lied About the Economy In His State of the Union Read More »
Reinvigorated movements are charting new terrain to build worker power and reverse the dramatic climate crisis facing society. Uncompromising mass mobilizations are on the rise, as more workers participated in strikes in the U.S. in 2018 than any of the previous 31 years, and historic demonstrations, like climate strikes, have taken off to demand action around climate …
A Low-Carbon Economy Will Be Built By Nannies, Caregivers and House Cleaners Read More »
The Trump administration’s plan to freeze fuel efficiency standards in defiance of California’s stricter, more environmentally friendly rules is set to have dire ramifications for emissions levels and the economy, according to new research out Wednesday. Rolling back California’s robust vehicle emissions requirements will cost the U.S. economy $400 billion through 2050, an analysis from the environmental …
Madeline Messa is a 3L at Syracuse University College of Law. She graduated from Penn State with a degree in journalism. With her legal research and writing for Workplace Fairness, she strives to equip people with the information they need to be their own best advocate.
