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With the country perched on the edge of a deep recession, the national unemployment rate above 6% and nine straight months of a national net decline in jobs, the question is whether the U.S. labor market's fortunes are about to plunge even more steeply. In the eyes of many experts, the answer is a bleak one. "Unfortunately, the worst is to come," says Robert Reich, a former U.S. Secretary of Labor under President Bill Clinton and a professor at the University of California, Berkeley. Reich argues that consumers have only begun to tighten their purse strings, which will shrink...

Author: /time Magazine | Title: Corporate Layoffs: The Worst is Yet to Come | 11/4/2008 | See Source »

...unlike those that shook the country in the 1990s, with angry coal miners blocking railways in Siberia and unpaid workers striking in the cities. Now some enterprises are again failing to pay their workers, while others simply go out of business. But disruptive protests would contravene a new labor code passed under Putin in 2001, which sets tight restrictions on the forms of protest available to trade unions. But a Russian state that narrows the options of legal protest available to its people during a major national crisis may be courting serious trouble - it's certainly a principle that Czar...

Author: /time Magazine | Title: Economic Darkness Descends on Putin's Russia | 11/3/2008 | See Source »

...Hawley tallies up the day’s labor back at the Democratic headquarters: 71 people not home, 11 people talked to, 41 doors knocked on in total. Of those spoken to, seven were for Obama, none were for McCain, and three were undecided...

Author: By Lauren D. Kiel and Lingbo Li, CRIMSON STAFF WRITERSS | Title: For Dems, Campaign is Serious Fun | 11/2/2008 | See Source »

...McCain’s New England headquarters are spartan but lively. As the HRC members exit their yellow school bus and make their way through the building’s varnished hardwood halls, they exhibit a determined brand of optimism that is characteristic of those who toil in the labor of love. They’ll spend the day trekking door-to-door to the homes of mostly elderly undecideded voters, hoping to mobilize the more conservative ones to come out in favor of McCain...

Author: By Nayeli E. Rodriguez, CRIMSON STAFF WRITER | Title: Making Their Mark | 11/2/2008 | See Source »

...would intentionally dial it down a notch. I remember seeing him in Columbia on his first trip to South Carolina in February 2007, six days after announcing his candidacy. When the crowd started chanting, "Yes, we can," to his riff on Civil Rights, Obama abruptly changed the subject to labor's right to organize. It was clear he was making a conscious effort not to be perceived (or pigeonholed) as the same inspirational speaker they saw at the 2004 convention; he wanted to introduce himself and tell his story, but most of all he wanted people to realize that there...

Author: /time Magazine | Title: A Long Campaign, And a Changed Barack Obama | 11/2/2008 | See Source »

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