The stark bifurcation of corporate victories and weak labor data raises concerns among economists of jobless growth jeopardizing the U.S. workforce, as well as a K-shaped economy, where the rich get richer while the poor get poorer.
On picket lines around the country, from Wyoming, Michigan to Rochester, N.Y. to Langhorne, Pennsylvania ---G.M. workers made the strike their own.
Their fight is one that all of us, regardless of the work we do, should claim as our own.
One big issue in May’s three-day strike by 38,000 AT&T workers was the company’s offshoring of jobs.
What do Donald Trump and Hillary Clinton have in common? he two leading candidates for the presidency actually share a secret life. A kind of private address -- for their monies, if not themselves -- in a place that may still be located in the United States but is nonetheless offshore from where most of the rest of us live. They are both tax haven aficionados, and in this election season if you want to become one, too, then head offshore with Nomi Prins' article.
The debate this election cycle about how to shore up the American middle class and the longer-term worry that automation will chip away at the labor market both miss a more proximate and pressing reality: knowledge work, including tech jobs, are already being shipped overseas. What happened to manufacturing jobs a generation ago is now being repeated in the knowledge economy, linking the fates of the professional class and the working class together.
What is happening to manufacturing jobs in the U.S.? This in-depth article and accompanying photo essay tell the story behind plant closings, productivity and offshoring.
As long as workers could wrest gains from capitalism, the system was safe. But with production offshored, that bargain blew up.
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