Workers' Stories Put Face on Victims of Wall Street Greed

by Mike Hall, Mar 15, 2010

One worker says she lost four jobs during the past seven years. Another saw his unemployment insurance (UI) benefits evaporate due to Sen. Jim Bunning’s (R-Ky.) callous filibuster of an UI extension last month.

Those are just two of the personal stories jobless workers and others have shared at the AFL-CIO’s Good Jobs Now site. Our interactive site is part of the AFL-CIO’s fight for good jobs that today kicked off two weeks of action across the country with rallies and demonstrations at branches of the Big Six Wall Street banks—Bank of America, Chase, Citigroup, Wachovia-Wells Fargo, Goldman Sachs and Morgan Stanley.

UAW Reaches Tentative Agreement on NUMMI Closing

by James Parks, Mar 15, 2010

The UAW today announced it has reached a tentative agreement on the planned closing of Toyota’s New United Motor Manufacturing Inc. (NUMMI) plant in Fremont, Calif. The agreement covers some 4,500 members of UAW Local 2244.

The tentative agreement will be presented to members of the local in the coming days. Details are being withheld pending a ratification vote by the membership. Voting dates have not yet been scheduled.

Momentum Building for Action on China Currency Manipulation

by James Parks, Mar 15, 2010

The momentum is building for the United States to take strong action to counteract manipulation of its currency by China’s government.

More than 130 members of Congress signed on to a letter from Reps. Mike Michaud (D-Maine) and Tim Ryan (D-Ohio) delivered today that urges Treasury Secretary Timothy Geithner and Commerce Secretary Gary Locke to take strong action up to and including countervailing duties (CVD) or tariffs because of currency manipulation.