Tag: unemployment

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The False Economy

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On May 21, 2019
Yes, unemployment rates are low. There are jobs for most people who want them. But this has not really budged the national worry over income inequality and the widespread belief that the economy does not work for most of us. There’s a good reason for that–it does not. Unemployment numbers are a facile measure of […]
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The Jobless Future

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On March 27, 2017
Above: The United States, circa 2040 Who is ready for our jobless future? Thirty-eight percent of jobs in the U.S. are at high risk of being replaced by robots and artificial intelligence over the next 15 years, according to a new report by PwC. Meanwhile, only 30% of jobs in the U.K. are similarly endangered. […]
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Trade, Trump, and the Debate

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On September 27, 2016
Overall, Hillary Clinton embarrassed Donald Trump last night. But let’s not kid ourselves, Trump absolutely crushed her on trade in the early part of the debate. I found it highly disturbing to realize that if I didn’t know that Trump didn’t actually care about this issue and certainly doesn’t care about the workers of the […]
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How Ketchup Destroys Everything

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On August 12, 2015
Big Ketchup is now destroying the American working class: In a widely expected move, Kraft Heinz is cutting 2,500 jobs, the company announced Wednesday. That amounts to 5% of the company‚Äôs 46,000 employees, with affected workers located in the U.S. and Canada. This marks the first round of layoffs at the newly merged food giant […]

Youth Unemployment

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On July 7, 2014

The more that the young are unemployed, the more than the long-term stability of capitalism is threatened. It’s not just the U.S., but in fact most of Europe as well, that is dealing (or not dea

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