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Today in Labor History

Feb. 20, 1917
Thousands of women march to New York?s City Hall demanding relief from exorbitant wartime food prices. Inflation had wiped out any wage gains made by workers, leading to a high level of working-class protest during World War I.

- Union Communication Services

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Updated: Feb. 20 (22:05)

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The Next Crash
Posted On: Nov 19, 2018
Nov. 19, 2018 | ECONOMY | […] The combination of stagnant wages with most economic gains going to the top is once again endangering the economy. Most Americans are still living in the shadow of the Great Recession that started in December 2007 and officially ended in June 2009. More have jobs, to be sure. But they haven’t seen any rise in their wages, adjusted for inflation. Many are worse off due to the escalating costs of housing, healthcare, and education. And the value of whatever assets they own is less than in 2007. Which suggests we’re careening toward the same sort of crash we had then, and possibly as bad as 1929… Nation of Change
 
 
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