Work and Economy
July 9, 2008 -
One of the many downsides to high gas prices is that it unleashes a flurry of conservative punditry claiming that "the market" will solve our energy problems, including catastrophic climate change.
July 8, 2008 -
Coca-Cola has agreed to pay $137.5 million to settle a shareholder lawsuit charging officials at the Atlanta-based company with misrepresenting or omitting information from public statements, causing artificial inflation of stock prices. The plaintiffs in the class-action suit were led by two union pension funds: the Carpenters Health & Welfare Fund of Philadelphia, which held about $80 million in company stock at the time of the filing, and and Local 144 Nursing Home Pension Fund, now called 1199 SEIU Greater New York Pension Fund.
July 1, 2008 -
National average gas prices, July 1 2007: $2.97/gallon National average gas prices, July 1 2008: $4.09/gallon Source: AAA Fuel Gauge Report
June 25, 2008 -
Economists say that recessions hurt African-American and Latino workers the most because they are "the last hired and the first fired."
June 16, 2008 -
Newspaper publisher McClatchy Co. announced today that it was slashing 1,400 jobs -- 10 percent of its national workforce -- in the largest budget cuts in its history.
May 15, 2008 -
A new study confirms what other reports have documented: workers who don't have unions lose out in their paychecks.
April 22, 2008 -
The Bureau of Labor Statistics has released unemployment figures for March 2008. Since March 2007, unemployment has increased by more than 11% around the South, from an overall average of 4.5% to 5.0%.