Political Capital

Posts tagged: Labor

Richard Trumka, president of the AFL-CIO, during an interview in Washington, D.C., on March 11, 2014

Photograph by Andrew Harrer/Bloomberg

Richard Trumka, president of the AFL-CIO, during an interview in Washington, D.C., on March 11, 2014

U.S. CEOs Made 331 Times Average Worker, Says AFL-CIO

April 15 is known across America as a day of reckoning, when many workers must fork over unpaid taxes. AFL-CIO President Richard Trumka says that for corporate executives, tax day “represents making massive sums of money from the sacrifice of others.”...

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Workers perform a final inspection on Sonata and Elantra vehicles at the HyundaiMotor Manufacturing Alabama (HMMA) assembly plant in Montgomery, Alabama, on Oct. 22, 2013.

Photograph by Luke Sharrett/Bloomberg

Workers perform a final inspection on Sonata and Elantra vehicles at the HyundaiMotor Manufacturing Alabama (HMMA) assembly plant in Montgomery, Alabama, on Oct. 22, 2013.

Bloomberg by the Numbers: 34%

That’s the share of economists Bloomberg surveyed Dec. 6 who expect the Federal Reserve to begin tapering its bond-buying program later this month. That’s up from 17 percent in a Nov. 8 survey, Bloomberg’s Jeff Kearns and Catarina Saraiva reported....

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Job seekers speak to potential employers at a jobs fair for people 50-years-old and older, put together by the United Jewish Appeal Federation and  Federation of Jewish Philanthropies of New York, on November 20, 2013 in New York City.

Photograph by Andrew Burton/Getty Images

Job seekers speak to potential employers at a jobs fair for people 50-years-old and older, put together by the United Jewish Appeal Federation and Federation of Jewish Philanthropies of New York, on November 20, 2013 in New York City.

Bloomberg by the Numbers: 38

That’s how many states had a lower unemployment rate last month than in October 2012. The national unemployment rate was 7.3 percent in October ,compared with 7.9 percent a year earlier, according to the Bureau of Labor Statistics. In Florida,...

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A waitress carries platters of food through the kitchen at a restaurant in Peoria, Illinois.

Photograph by Daniel Acker/Bloomberg

A waitress carries platters of food through the kitchen at a restaurant in Peoria, Illinois.

Retailers, Restaurants Accounted for Half of Employment Gain in July

Employers added 162,000 workers to their payrolls in July, the fewest in four months. The composition of the job growth is a bit more concerning. More than half of the increase in July employment occurred at retailers and restaurants and...

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Employees work on the wing of a Boeing Co. 787 Dreamliner during final assembly of the airplane at the Boeing Co. factory in Everett, Washington, on May 28, 2013.

Photograph by Patrick T. Fallon/Bloomberg

Employees work on the wing of a Boeing Co. 787 Dreamliner during final assembly of the airplane at the Boeing Co. factory in Everett, Washington, on May 28, 2013.

Payroll Gains, Inflation Concerns: Fed

Recent payroll gains, especially combined with depressed prices, still aren’t enough to break out the champagne and halt the Federal Reserve’s unprecedented stimulus, Boston Fed President Eric Rosengren said today. “While we have seen some improvement in labor market conditions,...

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Demonstrators crowd in to the rotunda inside the Capitol building in Lansing, Michigan, on Dec. 11, 2012.

Photograph by Jeff Kowalsky/Bloomberg

Demonstrators crowd in to the rotunda inside the Capitol building in Lansing, Michigan, on Dec. 11, 2012.

Union Member: `Civil War’ in Michigan’s Right to Work Debate

As an estimated 10,000 people surrounded the Michigan Statehouse today, an Americans for Prosperity white tent was ripped down and tables overturned, with supporters of labor awaiting action on right-to-work laws inside. The Capitol in Lansing was ringed with protestors,...

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Union members and community activists gather during an AFL-CIO demonstration in Trenton, New Jersey.

Photograph by Emile Wamsteker/Bloomberg

Union members and community activists gather during an AFL-CIO demonstration in Trenton, New Jersey.

Labor Tries to Flex Post-Election Muscle

Labor and other progressive activists are kicking off a final flurry of lobbying to keep Congress from taking a wrong turn in trying to avoid the fiscal cliff, the end of the year deadline when automatic spending cuts and tax...

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Job applicants wait to meet potential employers at the NYC Startup Job Fair held at 7 World Trade Center in New York City.

Photograph by John Moore/Getty Images

Job applicants wait to meet potential employers at the NYC Startup Job Fair held at 7 World Trade Center in New York City.

Washington Daybook: Show Stopper

Mitt Romney might be forgiven for rooting against the U.S. economy today. Unemployment probably rose from three-year low in October as employers curbed hiring on the concern that growth will suffer if lawmakers fail to avert tax increases and spending...

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Protesters march through Uptown, the Charlotte business district, before the start of the Democratic National Convention.

Photograph by Tom Pennington/Getty Images

Protesters march through Uptown, the Charlotte business district, before the start of the Democratic National Convention.

Parties Fail Working Class: Protest

Southern labor activists didn’t shy away from taking a swipe at their natural allies as they met on the sidelines of this week’s Democratic National Convention to talk about speeding up organization in a region where unions have been historically...

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