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Today in Labor History

April 24, 2013: An eight-story building housing garment factories in Dhaka, Bangladesh collapses, killing 1,129 workers and injuring 2,515. A day earlier cracks had been found in the structure, but factory officials, who had contracts with Benneton and other major U.S. labels, insisted the workers return to the job the next day.

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Beware The 'Chained' CPI
Posted On: Dec 18, 2012

Dec. 18, 2012 | The chained CPI is a cut in Social Security Benefits and a "stealth" tax hike. As Republicans in Congress take a hard line in the sand against higher tax rates for millionaires and billionaires, they are demanding a Social Security benefit cut through a lower Cost of Living Adjustment (COLAs). The lower COLA would result from the adoption of a new formula for calculating COLAs called "Chained CPI." What is that and what will it mean for working people, especially middle-and lower-income families? Learn about it here. View explanatory graphic here.









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Updated: Apr. 22 (08:43)

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