(2022-06-07). Federal Reserve Member: Fake Job Vacancies Called 'Purple Squirrel Vacancies' Inflating Available Jobs Numbers. moguldom.com The latest jobs reports were good by most accounts. In May, the U.S. economy added 390,000 jobs despite threats of an economic slowdown and rapidly rising inflation, the Bureau of Labor Statistics reported on June 3. The unemployment rate remained unchanged at 3.6 percent, just above the lowest level since December 1969, CNBC reported "Despite the slight …
(2022-06-06). War in Ukraine causing surge in poverty in Colombia: UN. colombiareports.com Russia's invasion of Ukraine is triggering an increase in poverty in Colombia and the rest of Latin America, according to the United Nations (UN). In a report, the UN's Economic…
(2022-06-06). Australian Rich List reveals accelerating wealth. wsws.org Australia's richest added $75 billion to their fortunes last year, while workers face soaring living costs and lower real wages.
(2022-06-06). Walk For Appalachia's Future Connects Struggles In The Region. popularresistance.org Activists just completed the "Walk for Appalachia's Future" through West Virginia, North Carolina and Virginia to highlight the impacts of fossil fuel extraction on communities and the land. At each stop, they held events with local activists to learn about their struggles and make broader connections. The Appalachian region is a sacrifice zone – rich in mineral wealth that is extracted by large corporations without benefit to the people. West Virginia is the fifth poorest state in the US with low education attainment and high rates of physical and mental diseases. Clearing the FOG speaks with two organizers of t…
(2022-06-06). Firms claim to create 333K new jobs in May as jobless rate stays at 3.6 percent. peoplesworld.org 
WASHINGTON—Private-sector businesses claimed to create a net of 333,000 new jobs in May as the jobless rate that month stayed at 3.6 percent, the Bureau of Labor Statistics said. Governments created another 57,000, with 51,700 of them in state and local schools. Job gains occurred in every sector except for retail trade (-60,700 jobs). But …
(2022-06-06). Kroger workers in central Indiana vote down UFCW sellout agreement. wsws.org Workers at Kroger stores in central Indiana voted down a company-friendly tentative agreement negotiated by the UFCW which included poverty wage "increases" that fall far below the rate of inflation.
(2022-06-06). The Richest 1% Pollute More than the Poorest %. transcend.org As an introduction to the World Environment Day on 5 June, this report deals with how the excesses of the world's population, mostly in the wealthiest countries, are causing so much harm to Planet Earth.
(2022-06-05). We Need a Strong "Wealth Squad" to Counter the Endless Defenses of the Megarich. commondreams.org As U.S. billionaires got richer and their wealth defense tactics proliferated, audit rates sharply declined. Funding the IRS' wealth squad would help ensure the nation's richest pay their fair share of taxes.
(2022-06-05). Let Them Eat (Jubilee) Cake. popularresistance.org When Marie Antoinette discovered her subjects were facing a bread shortage and starvation in around 1789, due to multiple poor crop harvests and rodent infestations, she apparently exclaimed 'let them eat cake!' Her hereditary privilege meant she had no grasp of the severity of their suffering, or the fact that cake was much more expensive than bread to produce. | Inequality during this period, immediately before the French revolution, was very high. Historians have estimated that around 90 per cent of working-class families lived at or below subsistence level, meaning they could only afford bare necessities. Mar…
(2022-06-05). UK: Workers speak to the World Socialist Web Site at Sheffield Arbourthorne food bank. wsws.org Arbourthorne is a working-class district of a city formerly associated with the steel, engineering and mining industries, where 44 percent of children are officially living in poverty.
(2022-06-05). Many Europeans to face poverty due to anti-Russian sanctions. en.mehrnews.com TEHRAN, Jun. 05 (MNA) — People of Europe face inflation and degradation of quality of life because of the anti-Russian sanctions, and many will face poverty because of these sanctions, Russian Foreign Minister Sergey Lavrov said.