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Anemic employment figures released by the U.S. Labor Department mark the third straight month of weak hiring and rounds out a poor second quarter for 2012. The real unemployment rate rose to 17.3 percent as the number of real unemployed workers increased by 463,000 in June, fueling concerns that the economy has taken a turn
Read moreIAM Legislative and Political Action Director Matt McKinnon (far right) leads a contingency of IAM members to help deliver petitions against the next big free trade mistake, the Trans-Pacific Partnership. Left to Right: Retired Local Lodge 1125 member Sigvard Anderson; LL 1125 member Tom Rhodes; LL 389 member Peter Zschiesche; behind him, District Lodge 725
Read moreThe International Association of Machinists and Aerospace Workers (IAM), will join with representatives from IndustriALL, the newly formed global union, at the Farnborough Air Show on July 10-11 to remind visitors, vendors and customers that there would be no aerospace industry without the contributions of thousands of highly-skilled workers who belong to some of the
Read moreIf the Trans Pacific Partnership agreement (TPP) is signed into law at the end of this year, the rules for international trade and the global economy will change dramatically, and not for the better. Despite the potential for the TPP to negatively impact hundreds of thousands of American jobs, the negotiations to create the massive
Read moreThe Great Recession has erased nearly two decades of the average American family’s net worth, leaving many no better off than they were in the early 1990s, says a new report by the Federal Reserve. Meanwhile CEO pay continues to reach record heights, says another report. According to the Fed’s Survey of Consumer Finances, in
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