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Shared Prosperity?

William Spriggs | Economy

This week, the AFL-CIO held its quadrennial constitutional convention in Los Angeles. The convention had committees that included many nonunion partners to create an agenda directing the AFL-CIO toward a movement that can include the voices of all working people—those covered by collective bargaining agreements, those who are retired, those who are unemployed and those who work without the benefit of a union contract. Shared prosperity, the goal of the AFL-CIO, must be inclusive.

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AFL-CIO Announces Plans to Develop an Economics Curriculum Geared for Working Families

Kenneth Quinnell | Economy

The way the media, corporations and the 1% talk about the economy is not only inaccurate, it is a means to maintain power for the wealthiest among us and keep working families powerless, delegates to the AFL-CIO convention in Los Angeles declared today.The  latest resolution  passed at the convention describes the scope of the problem and announces a concrete plan to change the conversation.

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Training@Work See How America's Unions Make a Difference

Economist Joseph Stiglitz Talks Shared Prosperity at the 2013 AFL-CIO Convention

Jackie Tortora | Economy

You all know the facts, said economist Joseph Stiglitz, addressing the 2013 AFL-CIO Convention delegates. America's workers productivity has soared, yet wages have stagnated. 

"You've worked hard since 1979, your output per hour has increased 40%, but pay has barely increased," said Stiglitz. "The Great Recession has made things worse....95% of the gains from 2009 to 2012 went to the upper 1%. The rest, the 99%, never recovered."

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Jobless Numbers Raise Concern on Job Growth

Mike Hall | Economy

Jobless Numbers Raise Concern on Job Growth

The nation’s economy added 169,000 new jobs in August and the 7.3% jobless rate is down slightly from July’s 7.4%, according to  figures released this morning  by the U.S. Bureau of Labor Statistics.

The new jobs added were 65,000 more than the 104,000 new jobs in July (revised downward from the  162,000 originally reported ), and this is the 41st straight month of tepid job growth—growth is at a rate too slow to fuel a healthy jobs recovery.

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Labor Rights, Manufacturing and the Transatlantic Trade and Investment Partnership

Owen E. Herrnstadt | Economy

The following is an excerpt from the Economic Policy Institute (EPI). 

According to the Department of Labor’s Aug. 2 jobs report, 12 million U.S. workers remain unemployed. In manufacturing and construction alone, 1.8 million people were out of work. Given that past trade agreements have had a deep and lasting impact on U.S. jobs, the officials negotiating the Transatlantic Trade and Investment Partnership (TTIP) must focus on policies that create jobs, rather than destroy them.

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Detroit, Labor Day and a Hard Day’s Night

Anna Lane Windham | Economy

Photo courtesy of AFSCME's Facebook page. Ora Mae, a retired Detroit City worker.

Detroit, Labor Day and a Hard Day’s Night  was originally published on  The Hill's Congress Blog . 

The Beatles first visited Detroit just before Labor Day in 1964, and they gushed with admiration for the Motown sound. Detroit hummed with industry then, like the Beatle’s own Liverpool, England, with its bustling ports and pop music scene. Both industrial cities would soon flounder, losing 40 percent of their populations over the next 30 years.

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New Report: Lower Wages, High Unemployment and an Uncertain Retirement for Latinos

Kenneth Quinnell | Economy

New Report: Lower Wages, High Unemployment and an Uncertain Retirement for Latinos

As we approach Labor Day, the AFL-CIO has released a new report , The Elusive American Dream: Lower Wages, High Unemployment and an Uncertain Retirement for Latinos. The report compiles economic data from recent Economic Policy Institute ( EPI ) studies that show Latinos face higher unemployment and underemployment rates, are paid lower wages and have less financial security as seniors.

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Seriously? Scoring Zero

William Spriggs | Economy

The current tracking of Congress’ popularity shows that only  15% of Americans approve  of the job Congress is doing. Now, House Speaker John Boehner struck another tone deaf moment at a political fundraiser in Idaho when he warned that when Congress returns in September, he will lead Republicans in holding up the government’s business to pick a fight with President Obama over the nation’s debt ceiling. More than 11.5 million Americans are out actively looking for work, while the economy languishes with 2 million fewer jobs than at the end of 2007, more than five and a half years ago. Median family income remains thousands of dollars below the level it reached in 2007. And thousands of America's workers are staging strikes this week to raise their low-wage pay to something respectable. Americans want more jobs and a raise in pay now. How does a showdown on the integrity of the United States of America and paying its bills help address jobs and pay now? They don’t.

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Wall Street Journal Can’t Connect the Dots on Wages, Unions

David Groves | Economy

Monday’s edition of The Wall Street Journal included two stories about jobs and wages that provide a concise summary of what’s wrong with America and what’s right with Seattle. However, the business-minded newspaper failed to connect the dots between the articles scattered within its pages. Perhaps that’s because doing so would directly contradict its right-wing conservative editorial agenda.

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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "content/datatype/view/eztext.tpl" with resource "design"
Timing: Oct 02 2013 03:25:13
End
Notice: Oct 02 2013 03:25:13
eZTemplate: Loading template "setup/debug_toolbar.tpl" with resource "design"

Timing points:

CheckpointElapsedRel. ElapsedMemoryRel. Memory
Script start 0.0000 sec0.0117 sec 1,284.6719 KB1,198.9844 KB
Module start 'content' 0.0117 sec0.8692 sec 2,483.6563 KB6,575.5391 KB
Module end 'content' 0.8809 sec2.1232 sec 9,059.1953 KB15,110.4844 KB
End 3.0041 sec  24,169.6797 KB 
Total runtime:3.0095 sec
Peak memory usage:25,960.4297 KB

Time accumulators:

 Accumulator Elapsed Percent Count Average
ini_load
Load cache0.0069 sec0.2302%330.0002 sec
Find INI Files0.0002 sec0.0075%60.0000 sec
Mysql Total
Mysqli_queries2.1816 sec72.3510%12490.0017 sec
Looping result0.0319 sec1.0582%12300.0000 sec
TS translator
TS init0.0020 sec0.0678%40.0005 sec
TS cache load0.0010 sec0.0332%40.0003 sec
TS context load0.0007 sec0.0225%40.0002 sec
Template Total2.9627 sec 98.3% 3 0.9876 sec
Template load0.0053 sec0.1772%30.0018 sec
Template processing2.9572 sec98.0724%30.9857 sec
Template load and register function0.0001 sec0.0040%10.0001 sec
states
state_id_array0.1358 sec4.5051%870.0016 sec
state_identifier_array0.1438 sec4.7698%980.0015 sec
override
Cache load0.0100 sec0.3300%1450.0001 sec
Sytem overhead
Fetch class attribute name0.0260 sec0.8612%410.0006 sec
Fetch class attribute can translate value0.0017 sec0.0549%220.0001 sec
class_abstraction
Instantiating content class attribute0.0015 sec0.0512%530.0000 sec
XML
Image XML parsing0.0195 sec0.6466%220.0009 sec
General
String conversion0.0000 sec0.0005%30.0000 sec
dbfile0.0039 sec0.1297%1010.0000 sec
Total script time:3.0154 sec