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November 20, 2024

Today in 2008
The Great Recession hits high gear when the stock market falls to its lowest level since 1997. Adding to the mess: a burst housing bubble and total incompetence and greed — some of it criminal — on the part of the nation’s largest banks and Wall Street investment firms. Officially, the recession lasted from December 2007 to June 2009, but unemployment still hovers around the seven percent mark today. ~ Labor Tribune

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Labor’s Resurgence Can Continue Despite Trump
Updated On: Nov 20, 2024
Nov. 20, 2024 | U.S. LABOR UNIONS | Does Trump’s reelection mean that the US labor resurgence is over? Not necessarily. It’s true that the new administration is preparing major attacks against workers and the labor movement. And many union leaders will assume that the most we can hope for over the next four years is to survive through purely defensive struggles. But unions are actually still well-positioned to continue their organizing and bargaining momentum. Here are seven positive factors that should ward off despair — and that should encourage unions to invest more, not less, in organizing the unorganized. Jacobin
 
 
Teamsters Local 355
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