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December 09, 2002
Labor Monday
Unemployment has soared to 6%. The number of workers on U.S. payrolls outside the farm sector tumbled by 40,000 last month.
Yale President Levin is facing charges of anti-union activity from grad student unionists and undergraduates.
The "pro-family" Bush administration has banned state governments from using unemployment insurance money to support families taking leave to have babies or adopt them. So much for states rights as well.
The ICFTU condemned the Chinese government for a new Hong Kong law that would endanger trade unions in that city-state.
Venezuela's Chavez is taking a harder line against general strikes in that country.
Union leaders across Britain are condemning Prime Minister Blair for his confrontation with the FireFighters Union.
Posted by Nathan at December 9, 2002 08:50 AM
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Comments
Soared to six percent? You need to visit France where it routinely sits in the low double digits. Until we lived in the dot com bubble a few years back, economists put 5% as the level of FULL employment for the economy and stated that levels below that would lead to wage spikes and inflation.
Posted by: Grant at December 12, 2002 03:04 PM
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