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Jobs and Economy

Jobs and Economy

Years after the official end of the recent recession, America is still in a jobs crisis. Although job growth is slowly picking up steam--with steady private sector job creation--we still have a long way to go. Job losses came on top of decades of inadequate job growth, wage stagnation and growing inequality. The U.S. economy is increasingly imbalanced, with the top 1 percent holding more than 40 percent of the nation’s wealth.

The AFL-CIO is ready to work with anyone—business, government, investors—who wants to create good jobs and help restore America's middle class and challenge policies that stand in the way of giving America the chance to go back to work. The union movement is partnering with such organizations as the Clinton Global Initiative to find innovative ways to create good jobs that support workers and their families.

What Went Wrong, How to Fix It

Here’s the real scoop—with four infographics and analysis, we break down what went wrong with the economy and how to fix it. (Click on each image to see the full infographic and analysis.)

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Another Reason TPP Won’t Work: Currency Manipulation

Celeste Drake

Last week, China, the world’s second largest economy, devalued its currency by about 4% against the dollarVietnam—a party to the ongoing Trans-Pacific Partnership (TPP) negotiations—followed suit. This devaluation makes it tougher to sell U.S. goods on the world market—by making “Made in America” goods relatively more expensive and Vietnamese and Chinese goods relatively cheaper. 

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