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Republican Budget Cuts Would Shut Social Security Offices

House Republicans want to slash funding for Social Security Administration (SSA) so deeply that the agency would be forced to shut down for the equivalent of a month with worker furloughs this year.

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8.9 Percent Jobless Rate Not ‘Normal’ nor Structural

Put this under the heading of “voodoo economics.”  The argument goes that the nation’s 8.9 percent unemployment rate—after nearly two years between 9 and 10 percent—is the new “normal” unemployment rate. Proponents of this absurd claim say it’s workers’ fault because they don’t have the skills to fill the jobs or don’t live near the jobs that are available.

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Europe Passes Tax on Speculators, U.S. Should Do the Same

Heather Slavkin, a senior legal and policy adviser for the AFL-CIO Office of Investment, reports on a victory for the global union movement.

Earlier this week, the European Parliament voted by an overwhelming majority in favor of a financial speculation tax—a tiny tax on financial speculation that can raise hundreds of billions of dollars for much-needed public services. This is a huge victory for the global labor movement, which has been at the head of a major worldwide campaign to push for the tax.

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Buy a Book, Help a Laid-Off Union Member

This from Alfonso Nevarez in the AFL-CIO Collective Bargaining Department.

Powell’s Books in Portland, Ore., is in the process of laying off 7 percent of its workers due to declining sales. International Longshore and Warehouse Union (ILWU) Local 5 units at Powell’s Burnside and Beaverton stores, as well as the Hoyt Street and Northwest industrial warehouses, will be affected by the layoffs. Local 5 President Ryan Van Winkle said that Powell’s was proactive in notifying workers of their bumping and separation rights.

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Register Now for the Summit on Jobs and America’s Future

The Campaign for America’s Future is bringing together key leaders and grassroots activists for a critical Summit on Jobs and America’s Future March 10 to tell the truth about what it will take to get America working and to discuss solutions to the economic crisis.

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