Portside

A report shows that while young black workers with college degrees have fared better than their less-educated peers, they have a higher unemployment rate and are more likely to find themselves in a job that does not require a degree than other recent college graduates.

In a weak macroeconomy, the employment rate is a better indicator of labour market strength, since it avoids the arbitrary distinction regarding whether someone is sufficiently "active" in their job search to qualify as being officially "in" the labour market. The erosion of Canada's labour market performance over the last couple of years is not surprising in light of the general stagnation of the main drivers of economic growth in our system.

There’s a significant labor economics literature that argues that job-to-job transitions are a major driver of wage growth for workers. If the number of people moving directly from one job to another is in decline, that’s a bad sign for wage growth, as well as inflation and monetary policy. This appears to be undertheorized and not discussed enough in academic or policy discussions.

Jobs, Jobs, Jobs!; Progressive Budget, Ryan Budget and economic inequality; General Motors; Supreme Court McCutcheon decision; USAID, Twitter and Cuba; Ukraine

The vast middle class and poor don't have enough purchasing power, as 95 percent of the economy's gains go to the top 1 percent. Some wealthy people and big corporations have a strangle-hold on our politics. "McCutcheon" makes that strangle-hold even tighter. Connect the dots and you see how the big-money takeover of our democracy has lead to an economy that's barely functioning for most Americans.

Once the March for Dignity became public, it rapidly became clear that it was an initiative for which millions had been waiting. Endorsements of its manifesto rapidly multiplied and the popularity of the initiative forced the mainstream union confederations to give it their blessing. No to the payment of the debt; bread, shelter and work; and not one more service cut.

We can no longer allow the billionaires and their think tanks or the corporate media to set the agenda. We need to educate, organize and mobilize the working families of our country to stand up for their rights. We need to make government work for all the people, not just the 1 percent.