marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
labor
10/26/2023
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By Laura Harris
3,700 Detroit casino workers launch strike for better pay and improved working conditions
Over 3,700 casino workers in Detroit have announced a strike against three major casinos in the city after the breakdown of contract negotiations over the summer. The casino workers are demanding higher wages and improved working conditions as the cost of living in the United States continues to skyrocket. The Detroit Casino Council (DCC) consists […]
10/20/2023
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By Ethan Huff
Staff at Walgreens, other major U.S. pharmacy chains could WALK OUT in coming weeks to PROTEST poor working conditions
There is more trouble in pharmakeia land as Walgreens and other major pharmacy chains in the United States face employee walkouts and protests in the coming weeks against poor working conditions and low wages. Walgreens says its pharmacy staff, including pharmacists, pharmacy technicians, and other support staff, is really unhappy with the state of things […]
04/14/2023
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By Ethan Huff
Illinois trucking company shuts down unexpectedly, leaving drivers stranded and unpaid
An apparently fraudulent trucking company called Cromex Inc., based out of Villa Park, Ill., left several of its employees in the lurch under disturbing circumstances this week. A father-and-son driving team with a combined 24 years of driving experience under their belts says the owner of Cromex, Danijel (or Daniel) Krizanac lured them up to […]
04/11/2023
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By Belle Carter
Dockworkers at Southern California ports have been working without contracts since July
Dockworkers at the Los Angeles and Long Beach ports returned to their posts on Friday night, April 7, ending a 24-hour shutdown over contract negotiations. The said workers have been working without contracts since last summer. They have been kept on the job by the International Longshore and Warehouse Union (ILWU), which signed a “no stoppages” promise with […]
03/14/2023
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By Arsenio Toledo
SHUTTING DOWN: General Motors offers buyout to 35k salaried workers in Michigan in an attempt to reach $2B in cost savings
The majority of General Motors’ salaried workers were offered voluntary buyouts as the automotive company struggles to cut $2 billion from its costs. GM has approximately 58,000 salaried employees in the United States, around 60 percent of whom work in Michigan across 25 facilities and offices in the state, including GM’s global headquarters at the […]
02/23/2023
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By Ramon Tomey
Kyocera president: Business model of producing in China and exporting abroad no longer viable
Hideo Tanimoto, president of Japanese chip manufacturer Kyocera, believes the tandem of Chinese production and global exports is “no longer viable.” Tanimoto made the remark during an interview with the Financial Times (FT). “It works as long as [products are] made in China and sold in China. But the business model of producing in China […]
01/27/2023
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By Arsenio Toledo
Amazon warehouse workers in Britain walk out of their jobs over paltry pay increase, terrible working conditions
Hundreds of Amazon workers in the United Kingdom walked out of their jobs on Wednesday, Jan. 25, in the first-ever formal industrial action in the country against the tech giant. The workers, affiliated with the GMB trade union, walked out of an Amazon warehouse in the city of Coventry in central England, known as BHX4 […]
01/17/2023
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By Arsenio Toledo
FTC proposes banning employers from forcing workers to sign non-compete agreements
The Federal Trade Commission (FTC) proposed a rule on Thursday, Jan. 12, that would block employers from forcing employees to sign non-compete agreements. Non-compete agreements are clauses in employment contracts that prevent workers from working for a competitor or starting a business in the same industry for a certain period of time after leaving a job. The […]
11/29/2022
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By Arsenio Toledo
Mississippi-based furniture manufacturer fired 2,700 workers through texts and emails days before Thanksgiving
One of the largest furniture businesses in the United States fired around 2,700 workers through texts and emails right before midnight on Nov. 21 and in the early morning hours of Nov. 22, while many were still sleeping. United Furniture Industries, based out of Mississippi, sent the messages to its workers, most of whom live in […]
11/09/2022
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By Arsenio Toledo
Number of Americans with a second job up by 6% as inflation continues to eclipse wage gains
More and more Americans are signing up for a second job to supplement their income as the inflation crisis continues to make the cost of living far more expensive. This comes from the new jobs report for October of the Department of Labor. According to the report, the number of Americans who have picked up part-time work […]
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