Shortcut Navigation:

AFL-CIO Now

Showing blog posts tagged with Organization for Economic Cooperation and Development

ICYMI: Trumka on Inequality and the Organization for Economic Co‑operation and Development

In his opening remarks to the Organization for Economic Co‑operation and Development (OECD) Forum panel, AFL-CIO President Richard Trumka said: "You know, whenever I come to the OECD, it's always interesting to discover which OECD I am talking to—the Monday Forum OECD that is getting serious about income inequality and going social, or the Tuesday OECD of the Economic Outlook—the OECD that makes excuses for continued mass unemployment and stagnant wages that is the reality in the majority of the OECD countries." After the forum, he was asked which OECD he found. See Trumka's response in this video. 

Read more and comment »

Global Solidarity for Nissan Workers Organizing on the Job Shines this May Day

Nissan worker Morris Mock and UAW President Bob King present former Brazilian President Luiz Inacio Lula da Silva a photo of Calvin Moore and Chip Wells.

Read more and comment »

Global Gloom and Doom

Global Gloom and Doom

The Organization for Economic Cooperation and Development (OECD) issued its economic outlook for the modern, democratic, industrialized economies at its annual meeting of member nation ministers. It was mostly gloom. The European members of the OECD are mired in a deep economic slump. In 2012, the European members had a drop in Gross Domestic Product (the combined value of goods and services produced) of 0.5% and is projected to have that same poor performance in 2013. Behind those numbers, however, are the lives of real people. When an economy shrinks, it means there are fewer jobs and that means growing stress on the day-to-day lives of people. Just as in the United States, the loss of job opportunities is being felt most keenly by young workers.

Read more and comment »

Trumka: Austerity’s Valid as ‘Flat Earth’ Theory

L-R: Sharan Burrow, general secretary, International Trade Union Confederation; Trumka; and Trade Union Advisory Committee General Secretary John Evans. OECD photo.

In Paris on Tuesday, AFL-CIO President Richard Trumka warned the leaders and policymakers of the Organization for Economic Cooperation and Development (OECD) that the financial austerity measures, like those taken by European nations, destroy jobs, increase inequality and likely feed the public’s mistrust of government.

Read more and comment »

AFL-CIO Trans-Atlantic Economic Summit Lays Path for Shared Prosperity

In 2008, with the global financial crisis at its peak and the world teetering on the brink of a second Great Depression, world leaders and policymakers took decisive fiscal and monetary policy actions that bolstered our economies and stopped our financial system from spiraling into chaos and dragging our economies into depression.

But today, AFL-CIO President Richard Trumka told the “Trans-Atlantic Agenda for Shared Prosperity” economic summit: 

Our work is far from done, and no progress has been easy. We have had to battle those who wanted to block the fiscal stimulus, which was so critical for halting our economic slide. And we are still battling those same opponents who now want to impose strict fiscal austerity that threatens to sabotage our economy and trigger a new recession, as those same policies have in Europe.

Read more and comment »

Less Upward Mobility for U.S. Students Than for British

Britain has long had a reputation as rigidly divided by class, with little opportunity for people to move higher up the socio-economic ladder.

No more. There is now more upward mobility for students at British schools than in the United States, according to a new report by the Organization for Economic Cooperation and Development (OECD).

Read more and comment »

Trumka to Global Leaders: Jobs, Not Cutbacks

OECD

Nations should create jobs and stimulate growth, not cut back government spending with ruthless "austerity" measures if they want to successfully get out of the economic crisis, said AFL-CIO President Richard Trumka during a meeting of global leaders.

Read more and comment »

Far-Sighted Policies Can Fight Growing Income Inequality

The growing gap between the rich and the rest of us is not just a problem in the United States. Over the past two decades income inequality has soared around the world. But a new report from the Organization for Economic Cooperation and Development (OCED) says if nations make the right policy decisions, income inequality is not inevitable and can be reversed.

Read more and comment »

Locked-Out Iowa BCTGM Workers Fight Locally and Globally

The French-based sugar and starch maker Roquette Frères opened its production plant in Keokuk, Iowa, 20 years ago, and its promise to create high-quality jobs was a key factor in winning support from local workers and local and state governments. Over the years, the firm has enjoyed tens of millions of dollars in tax benefits and other financial help.

Read more and comment »

Online Community

Take Action

Stop Fast Track

Sign the petition and tell Congress to stop the Fast Track bill, it's undemocratic and bad for working families.

Connect With Us

  • Facebook
  • Twitter
  • YouTube
  • Flickr

Get Email from AFL-CIO

Are you a union member?

Facebook Favorites

Blogs

Join Us Online