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Today in Labor History

Aug. 29, 1907: Seventy-five workers die when the lower St. Lawrence River’s Quebec Bridge collapses while under construction. A flawed design was found to be the cause. Thirteen more workers were killed nine years later when the reconstructed bridge’s central span was being raised and fell into the river because of a problem with hoisting devices.

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The Wealthy Aren't Job Creators, Middle Class Workers Are
Posted On: Jun 12, 2013

June 12, 2013 | JOBS & THE ECONOMY | On Thursday, entrepreneur and self-described one-percenter Nick Hanauer warned Congress that rich people like him aren't the engines of the economy. In testimony before the Senate Banking Committee, he explained why, in fact, middle-class workers are the economy's real job creators: "…As an entrepreneur and investor, I have started or helped start, dozens of businesses and initially hired lots of people. But if no one could have afforded to buy what we had to sell, my businesses would all have failed and all those jobs would have evaporated." Indeed. Read the full story here.


 
 
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