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Financial Experts Urge Global Leaders to Adopt Financial Transaction Tax

A group of 50 financial professionals—investors, traders, academics and banking executives—urged G-20 and European leaders to back small financial transaction taxes (FTTs) on financial industry speculation.    

In a letter to world leaders, the group notes that FTTs “have a proven track record” and would help rebalance financial markets away from “a short-term trading mentality that has contributed to instability in our financial markets.” It also says FTTs have the potential to raise significant revenue.

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Double-Header Book Events at AFL-CIO

Double-Header Book Events at AFL-CIO

Tomorrow, we are hosting two fab book events here at the AFL-CIO. If you’re in the Washington, D.C., area, you’re invited to join either or both. The events feature the books Clarence Darrow: Attorney for the Damned and Undocumented and Unafraid: Tam Tran, Cinthya Felix, and the Immigrant Youth Movement. 

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Join the United Way Day of Action Today

Join the United Way Day of Action Today

Tens of thousands of working families are volunteering today to improve conditions in their communities as part of the United Way Day of Action.

You can join them, from your desk or mobile, through Facebook and Twitter.

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Most Minimum Wage Earners Are Women

Wages

The majority of those paid the minimum wage are women: In 2011, more than 62 percent of minimum wage workers were women, compared with only 38 percent of male minimum wage workers, according to a new report by the Center for American Progress Action Fund.

It’s especially bad that women make up the majority of minimum wage earners because women are paid 77 cents for every dollar a typical man earns. Women of color are far more likely to hold low-wage jobs than men, and two-thirds of mothers now are either the breadwinners or co-breadwinners for their families.

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DREAMers Celebrate Win, Vow Continued Action for Immigration Reform

Courtesy of the United We Dream Facebook Page (Jose Antonio Vargas)

Clad in graduation robes and mortarboards, dozens of young “DREAMers,” who no longer face deportation, celebrated President Obama’s action last week that will allow them to remain in the nation in which they grew up. Welcoming the young students from the United We Dream coalition to AFL-CIO headquarters this afternoon, AFL-CIO President Richard Trumka said:

In this house, we’re not divided as immigrants or native-born. We are united by our vision and values—our vision of an America where hard work is fairly rewarded.

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Legal Resident’s Immigration Nightmare Yields Artistic Tribute to Immigrants

Last year, Christine Ashley, a legal U.S. resident for 42 years, returned from a visit to the United Kingdom. In this video, Scottish-born Ashley says that when she arrived at Boston’s Logan Airport:

I went through immigration as I always do, showed them my green card as I always do, had my thumb scanned as I always do. But this time was different, they took me away in handcuffs.

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Change.org Does the Right Thing, Drops Anti-Teacher Groups

Photo courtesy of the AFT

Last night, under growing pressure, Change.org confirmed it is cutting ties with StudentsFirst and Stand for Children.

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AFT Launches Largest Online Teacher Resource: Share My Lesson

AFT Launches Largest Online Teacher Resource: Share My Lesson

Teachers helping teachers—that’s what the AFT is all about and that’s the goal of the union’s brand-new website. Share My Lesson, launched yesterday, is slated to become the nation’s largest online community for U.S. teachers to collaborate and share teaching resources and innovative ideas, according to AFT.

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Fewer Available Jobs for Workers in April

Whether a blip or a (bad) new trend, data showing the number of U.S. job seekers is rising, compared with jobs available, should light a fire under Republicans in Congress to move a jobs creation package.

New data released today show the Job-Seekers Ratio increased in April to 3.7 workers for every 1 job from March’s ratio of 3.4 workers for every one job. 

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AFGE’s Cox Named New Veterans Council Chair

AFGE’s Cox Named New Veterans Council Chair

AFGE Secretary-Treasurer J. David Cox has been named new chair of the AFL-CIO Union Veterans Council. He previously served as the council’s vice chair. The Union Veterans Council focuses on veterans’ issues and advocates public policies to improve the quality of life for U.S. veterans and their families. The two primary areas of focus for veterans are access to good jobs and to quality health care. Cox says:

The care of our nation’s veterans is of utmost importance to me. They have sacrificed so much to this country.

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