The average American wage today ($22.65/hour) is less than it was in January 1973 ($23.68/hour) when adjusted for inflation. Over these last 45 years, productivity – the amount we produce per hour as workers – is up 217%. But our wages remain flat.
By Howie Hawkins. BROOKLYN (Workers World Today) – I’m a Teamster who had his pension cut 20% with the approval of the U.S Treasury Department just before I retired. Existing retirees were cut 30%. These cuts were made by a bipartisan act of Congress in 2014 that removed the guarantee in the 1974 Employment Retirement Income […]
NEW YORK, United States (AP) — Amazon on Tuesday became the second publicly traded company to reach $1 trillion in market value, hot on the heels of iPhone maker Apple. The milestone is another sign of Amazon’s swift rise from an online bookseller to a behemoth that sells toilet paper, TVs and just about anything. […]
HAMILTON, Bermuda (CMC) — Bermudians were upgrading their storm supply kits as Hurricane Florence intensified on Wednesday to a powerful Category 3 storm packing maximum sustained winds of 125 miles per hour (mph) as it continued to drift towards the British Overseas Territory. Local forecasts suggest that Florence — the third hurricane of the 2018 […]
Taking your blood pressure is one of the first tasks your doctor does when you arrive for any appointment. It can be a cause for concern for many people; high blood pressure, or hypertension, can increase a person’s risk for heart disease and stroke, two of the leading causes of death for Americans. The Centers for Disease Control and Prevention (CDC) talks about what you […]
