Daily Archives: September 6, 2021

2021-09-06: News Headlines

Dean Baker (2021-09-06). Why August Wasn't a Terrible Month for Jobs. counterpunch.org The August job gains were somewhat weaker than expected; although it is not clear that it should be viewed as a seriously negative report. The 235,000 figure is less than half of what most forecasters had been predicting, but it was still associated with a 0.2 percentage point drop in the unemployment rate to 5.2

Inequality (2021-09-05). The Labor Day Dreams of Black Workers. juancole.com By Marc Bayard, Sarah Anderson and Rebekah Entralgo | — As our second pandemic Labor Day approaches, Black worker leaders are determined to never again bear the brunt of a national crisis as they have under Covid-19. At least four U.S. employees have now been killed as they tried to enforce mask mandates — and …

Staff (2021-09-05). Unemployment Benefits Created During COVID Reached Workers Historically Shut Out. truthout.org Millions of Americans have entered Labor Day weekend knowing that one of the key unemployment benefits that has been keeping them afloat throughout the pandemic is coming to an end. States

_____ (2021-09-05). Higher Pay Undercut By Years Of Wage Stagnation And Rising Inflation. popularresistance.org And the recent wage growth at the low end has not helped reduce income inequality, which actually increased during the pandemic since the highest paid Americans saw sky high raises. In 2020, the earnings of CEOs at the largest public companies were on average 351 times as much as that of the typical worker in their industry, the biggest disparity since the first tech boom in 2000, according to the Economic Policy Institute.

Teri Mattson (2021-09-05). Nicaragua Launches Plan to Fight Poverty and Promote Human Development. orinocotribune.com

| By Teri Mattson and John Perry — Sep 2, 2021 | Ivan Acosta is Nicaragua's minister of housing and public credit, with responsibility for key aspects of government planning. In July, he presented the country's new "National Plan for the Fight against Poverty and for Human Development." This builds on the achievements of Nicaragua's Sandinista government since it returned to power in 2007 and sets out how they will continue if Daniel Ortega's government is returned at November's elections. Ivan Acosta is currently subject to personal US sanctions, along…

_____ (2021-09-05). To Counter U.S. Hostility China Moves Towards People Centered Policies. popularresistance.org This development allowed China to make enormous investments in infrastructure. It also generated the resources necessary to eliminate poverty. It is no coincidence that this development happened while the U.S. was wasting money on wars in the Middle East. As the U.S. is now step by step retreating from those wars to confront China the country needs to prepare itself for the new environment.

_____ (2021-09-05). To Counter US Hostility China Moves Towards People-Centered Policies. popularresistance.org This development allowed China to make enormous investments in infrastructure. It also generated the resources necessary to eliminate poverty. It is no coincidence that this development happened while the U.S. was wasting money on wars in the Middle East. As the U.S. is now step by step retreating from those wars to confront China the country needs to prepare itself for the new environment.

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