U.S. Income Equality May Equal Mexico’s by 2043
Two reports out this week offer a telling glimpse into the direction of the nation.
- The number of U.S. households with a net worth of at least $1 million jumped 16 percent last year after dipping sharply during the financial crisis, according to a new report. The Spectrem Group study also found “ultra-high net worth families—those with at least $5 million—grew 17 percent last year to 980,000.
- Some 6 percent of all workers were living in poverty in 2008, up from 5.1 percent in 2007—the highest proportion since 6.2 percent in 1994, according to the U.S. Bureau of Labor Statistics. In 2008, some 8.9 million adults were among the “working poor”—1.4 million more than in 2007.
More Jobs but Workers Spend More Time Jobless
Here are a few items worth noting today.
* Kudos to union members in West Virginia who successfully pushed the state’s legislature to adopt a resolution creating Labor History week following Labor Day. Just last month, Wisconsin union activists succeeded in their years-long effort to get the state legislature to make labor history part of the state’s public education standards.
* From the Campaign for America’s Future: Huffington Post’s Art Delaney highlights expiring stimulus program that could cost 100,00 jobs: “…more than 100,000 people…will lose their jobs by September unless Congress extends a stimulus bill provision that gives states funding to create jobs programs for low-income parents and young adults….”
* A laid-off worker now spends nearly five months unemployed, longer than any other time on record, according to the Economic Policy Institute (EPI).
* In the “here’s how hard up we are for good news about jobs” category: The ratio of job seekers per job opening dropped from six to one in December to 5.4 in January. How sad is it that this is good news?
Get Set for March Actions to Make Wall Street Pay
The union movement and our allies are taking our fight for good jobs now to the biggest Wall Street banks whose reckless greed has gone a long way to wreck the U.S. economy and kill American jobs.
From March 15-26, working people will hold rallies and demonstrations at branches of the Big Six Wall Street banks—Bank of America, Chase, Citigroup, Wachovia-Wells Fargo, Goldman Sachs and Morgan Stanley—across the country. They will tell the banks “We Are Not Your ATMs” and “Make Wall Street Pay for Creating New Jobs.”
You also can tell Wall Street executives to pay to create good jobs by sending a letter urging them to do the right thing. Just click here.
Find out about events in your area here. If you take part in an event, be sure to send us your photo or video here.
New Legislation Would Create 1 Million Jobs
Members of Congress and a bipartisan group of mayors today announced new legislation they say will create or save up to 1 million public- and private-sector jobs. Jobs saved would include those such as firefighters, police and teachers and others whose jobs are in jeopardy because of local government budget cuts.
The nation’s economic crisis is forcing states and municipalities to cut jobs that are critically important to local communities. State and local governments and school districts face $178 billion in budget deficits this year alone. Last month, AFSCME members across the country rallied in state capitals to urge legislators to raise revenue to save needed public services.
The Local Jobs for America Act, developed with mayors, county officials and others, also contains job-creation strategies to enable small businesses to help hundreds of thousands of individuals get private-sector jobs. A bill number has not yet been assigned.
Sweeney: ‘Working People Want Action on Creating New Jobs’
The nation’s political leaders have a choice: They can strike out on a new economic course for America that will turn around the nation’s economy or they can give in to political paralysis and yield to the demands of the financial and corporate elites.
Speaking Friday before a Harvard University study group on “Working Class Revolt,” AFL-CIO President Emeritus and Harvard Fellow John Sweeney and AFL-CIO Policy Director Damon Silvers said policymakers failed to heed the union movement’s warnings against a campaign of radical federal deregulation and corporate empowerment—one that celebrated private greed over public service.
Stimulus $$ Is Out There—300 Pennsylvania Union Leaders Find Out How to Get It
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| Pennsylvania AFL-CIO President William George leads a discussion on tapping into economic recovery funds with union leaders from across the state. |
Yael Foa, AFL-CIO senior field representative for the Northeast Region, sends us this report on union efforts in Pennsylvania to tap into federal economic recovery funds to create jobs across the state.
The Pennsylvania AFL-CIO recently sponsored two first-of-their-kind forums to provide union leaders with specifics about where and how American Recovery and Reinvestment Act (ARRA) dollars are being spent in our state. We also examined how union leaders can identify opportunities to access economic recovery dollars for job creation and training programs. Nearly 300 union leaders from across the state took part.
Lesson for Vanderbilt Students: Solidarity Scares U.S. Employers
Warning to college students: Joining in solidarity with low-wage workers on your campus can be hazardous to your freedom of speech.
At Vanderbilt University, members of Vanderbilt Students of Nonviolence recently met with campus workers to talk about working conditions for the lowest-paid employees and hammer out concrete actions all could take to make Vanderbilt a safer and more just place to work and learn.
Instead, they found out what life can really be like outside the campus green and inside the U.S. workplace. In a letter to the editor signed by seven members of the student nonviolence group and those in the Living Income for Vanderbilt Employees organization, they described how university management attempted to intimidate them.
Workplaces Must Adapt to Greater Role of Women In Workforce
A new Center for American Progress (CAP) report released in time for International Women’s Day today offers practical solutions to help America’s workers and families meet the dual demands of work and family. (Read the full report here.)
The report, “Our Working Nation: How Working Women Are Reshaping America’s Families and Economy and What It Means for Policymakers,” calls for:
- Updating basic labor standards to recognize that most workers also have family responsibilities and need predictable and flexible workplace schedules,access to paid family and medical leave the right to paid sick days.* Improving basic fairness in our workplace by ending discrimination against all workers, including pregnant women and caregivers.
- Providing direct support to working families with child care and elder care needs.
- Improving knowledge about family-responsive workplace policies by collecting national data on work-life policies offered by employers and analyzing the effectiveness of existing state and local policies.
250-Mile ‘March For California’s Future’ Begins
A diverse group of California public employees today began a 48-day “March for California’s Future.” The march, sponsored by the California Federation of Teachers (CFT), AFSCME and a coalition of labor, education and faith groups, began in Bakersfield.
The march will draw attention to the state’s budget crisis and the devastating impact of budget cuts on Californians now and into the future. The goals of the march are to restore the promise of public education, create a government and economy that works for all and establish fair taxes to fund California’s future.
Hundreds of firefighters, nurses, in-home care workers, students and police officers will join the marchers for parts of their 250-mile trek to the state capitol in Sacramento.
California Students Rise Up Against Massive Education Cuts
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Californians by the tens of thousands spoke as one yesterday demanding the primacy of public education in the state’s budget. Up and down the state, students held scores of demonstrations, rallies, marches and teach-ins at governmental centers, universities, community colleges, high schools and elementary schools.
The actions come as the 2010-2011 budget process looms and Republican Gov. Arnold Schwarzenegger, after promising in January to increase education funding, instead cut $2.5 billion from education in his budget proposal.
In Sacramento, several thousand students, teachers and workers rallied on the steps of the Capitol building, spilling out over the grassy mall. They demanded state legislators and the governor fully fund public education and make it affordable and accessible to all.
State Senate leader Darrell Steinberg (D) and Assembly Speaker Manuel Perez (D), as well as several other legislators, pledged support for funding education. Assembly member Alberto Torrico (D) made a pitch for support of his bill that would create a 12.5 percent tax on oil extracted in the state to raise $2 billion a year for public education. He noted that California is the only state in the nation that doesn’t charge such a fee and that oil companies shouldn’t be getting off the hook while education suffers.
