|North Central Labor Council|
NEW CALENDAR EVENTS POSTED.
Please check Calendar tab on left to see how you can be a part of it all. Most of us are not happy with our Government leaders right now. Take Action! We must stand together to win. To access the Events Calendar and to get details, click on the Calendar Button on the left.
A new report from researchers from the International Monetary Fund (IMF) finds that not only is rising inequality a drag on economic growth, but that policies designed to lessen inequality through a moderate level of redistribution do not slow growth. While the report is clear in stating it isn't the official opinion or policy of the IMF, researchers Jonathan D. Ostry, Andrew Berg and Charalambos G. Tsangarides make a compelling case that austerity policies are bad for economic growth and that it isn't just morally sound to reduce income inequality, it's the economically wise choice, too. While countries have pursued policies focused heavily on deficit reduction and lower government spending, the new report suggests those legislative priorities may be the wrong approach to economic growth, joining a growing chorus of evidence from economic analysts that is pushing for a move away from austerity. Read more >>>
The economy added 175,000 jobs in February—62,000 more than the January job gain but still far below what is needed for recovery—and the nation’s unemployment rate was nearly unchanged at 6.7%, compared with January’s 6.6%, according to figures released this morning by the U.S. Bureau of Labor Statistics. The number of long-term unemployed people (those jobless for 27 weeks or more) rose by 203,000, increasing the number of long-term jobless workers to 3.8 million. Read more >>>
Last year, Denise Imundo’s husband had surgery on his neck that forced him out of the job market. He went four months without work, and although he was eligible to receive disability payments, they only covered one-third of his salary. And when the holidays approached, finances were getting tight.
But instead of racking up debt, the couple’s Union Plus Credit Card offers special assistance for eligible cardholders. Read more>>>
AFL-CIO Now Blog -- Recent News Stories
Our 2008 is shaping up to be the biggest and best ever! Click the story for full details.
BE A PART OF HISTORY IN THE MAKING
On May 17th we will start to make history when we start to educate our members on the Real John McCain. You can be a part of it by clicking here. Click here to search for a Labor 2008 walk by ZIP code.
© AFL-CIO. All rights reserved.
Photographs and illustrations, as well as text, cannot be used without permission from the AFL-CIO.