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September 29, 2005 – The toy industry in China continues to be plagued by a variety of labor abuses, according to a report released by China Labor Watch. China’s toy industry, which is the largest in the world, generates billions of dollars in profits and employs millions of people in thousands of factories. The report
Read moreHurricane Katrina’s devastation continues to profoundly impact American workers as 398,000 workers filed initial claims for state unemployment benefits during the week ending September 10. The Labor Department reported a 71,000 increase from the previous week, making it the largest one-week increase in the number of unemployment insurance claims in more than nine years. The
Read moreSeptember 21, 2005 – It has been two months now since China revalued their currency, the yuan, by 2 percent and de-linked it from the U.S. dollar. Yet, the yuan has not seen any significant movement since and Chinese officials have repeatedly said there will be no further revaluation. With China undervaluing their currency by
Read moreSeptember 20, 2005 – Hurricane Katrina’s devastation continues to profoundly impact American workers as 398,000 workers filed initial claims for state unemployment benefits during the week ending September 10, the Labor Department reported last week. It was a 71,000 increase from the week before and the largest one-week increase in the number of unemployment insurance
Read moreSeptember 20, 2005 – The Bush administration has invited representatives from China to attend a G-7 meeting hosted by Treasury Secretary John Snow and Federal Reserve Chairman Alan Greenspan on Friday. The meeting will offer representatives from the U.S. and other large industrial nations to once again press China to reform their unfair trade practices
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