economy

BY Freedom Road Socialist Organization | United Sates | 4/10/18
Part two of a three-part interview with Professor Masao Suzuki.
BY staff | United States | 4/07/18
The U.S. stock market fell again Friday, April 6, with the broadest measure, the S&P 500, falling more than 2%. This followed President Trump’s tweet on Thursday that he would ask for a list of an additional $100 billion in imports from China to put tariffs on, raising the total to more than $150 billion.
BY staff | United States | 3/02/18
Masao Suzuki is a leading member of the Freedom Road Socialist Organization (FRSO) who follows the economy. Fight Back! interviewed him on March 1, after another drop in U.S. stock market.
BY staff | Venezuela | 11/04/17
On Oct. 31, the leaders of the reactionary opposition announced that their parties will boycott the upcoming municipal elections and will expel any of their members that register to run or vote.
BY Masao Suzuki | San Jose, CA | 10/04/15
On Oct. 2, the Department of Labor reported that the U.S. economy created only 142,000 net new jobs in September.
economy, jobs
BY Masao Suzuki | San José, CA | 8/18/15
In May of 2015, the official unemployment rate was 5.5%, close to the 5.0% rate in December 2007 when the last recession began. But despite what appears to be a recovery in the labor market, wages continue to rise at a very slow rate while profits have soared. In fact, businesses used the recession to continue their restructuring of the labor market in their interests, to the detriment of those who have to work for a living.
BY Masao Suzuki | San José, CA | 10/12/14
On Friday, Oct. 10, U.S. stock prices fell again, ending a week marked by ups and downs in the market.
BY Masao Suzuki | San José, CA | 9/22/14
On Tuesday, Sept. 16, the Census Bureau released their annual report on income and poverty for 2013. The report showed that the typical household had a small gain in their income for the first time since 2007. The median household income, at $51,939 was still below that of 1996, when adjusted for inflation. It is still down 8% from 2007 and 8.7% less than its peak in 1999.
BY Masao Suzuki | San José, CA | 10/10/13
Four years after the Great Recession of 2007-2009 officially ended, millions of working people are being left behind by the expansion of the economy.
BY Masao Suzuki | San José, CA | 12/04/11
On Friday, Dec. 2, the U.S. Department of Labor said that the official unemployment rate fell to 8.6% in November, from 9.0% in October. Despite being the lowest unemployment rate since March of 2009, the fall in the unemployment rate was mainly due to the more than 400,000 jobless workers who gave up looking for work and were no longer counted as unemployed.