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Today in Labor History

Jan. 21, 1974
A four-day strike by 2,000 postal workers at the New Jersey Bulk and Foreign Mail Center in Jersey City began on this date. The “Battle of the Bulk” was caused by postal management’s unilateral changes in workers’ hours and working conditions. The wildcat strike was led by a group of young workers who identified themselves as “The Outlaws”. A federal judge ruled in the union’s favor, directing management to settle the issue through binding arbitration. Union Communication Services

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The Next Crash
Posted On: Nov 19, 2018
Nov. 19, 2018 | ECONOMY | […] The combination of stagnant wages with most economic gains going to the top is once again endangering the economy. Most Americans are still living in the shadow of the Great Recession that started in December 2007 and officially ended in June 2009. More have jobs, to be sure. But they haven’t seen any rise in their wages, adjusted for inflation. Many are worse off due to the escalating costs of housing, healthcare, and education. And the value of whatever assets they own is less than in 2007. Which suggests we’re careening toward the same sort of crash we had then, and possibly as bad as 1929… Nation of Change
 
 
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