This is the fifth historic week for unemployment numbers, bringing the total to 26.5 million since March 14th.
Labor
Nearly 1/3 of Renters Did Not Pay Rent in April
New data show that nearly 1/3 of U.S. renters did not pay rent for the month of April.
The Covid-19 pandemic continues to ravage economic life for workers in the U.S.
22 Million People Have Filed For Unemployment in the Last Month
22 million people, or 13.5% of the entire U.S. workforce has filed for unemployment in the last month.
3.3 Million U.S. Workers Filed For Unemployment Last Week, Obliterating Previous Record
This figure corresponds to 2% of all U.S. workers — 1 in 50.
Delta is the Industry Leader in Employee Profit Sharing and also the Best Rated Airline. Coincidence? We Think Not.
Delta Airlines is set to distribute $1.1 billion in profit sharing to its employees and is also the highest rated airline. Could profit sharing models have a positive impact on quality and efficiency?
Mexico to Raise Minimum Wage 20%
This is the second major increase in the minimum wage, which was raised by 16% in 2019.
Transitioning to Completely Green Economy Would Pay For Itself in Seven Years, Create Jobs Study Finds
The study conducted by a Standford University professor study finds transitioning to 100% green economy would save $11 trillion a year, cost $73 trillion up-front. There would also be a net increase of 28.6 million more jobs.
Manufacturing sector contracts 4th month in a row, in recession
This is the fourth month in a row the manufacturing sector has been in contraction.
UK Labour Party: Businesses failing to tackle climate crisis will be de-listed from London Stock Exchange
The exchange is the 7th largest in the world with a market capitalization equaling almost $3.8 trillion USD.
Sen. Sanders and Rep. Ocasio-Cortez announce $180 billion Green New Deal for public housing legislation
The legislation would create almost 250,000 union jobs, reduce public housing costs by $97 million per year, and cut costs from energy consumption by $613 million.
