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January 01, 2026

Today in 1931
Workers begin to acquire credits toward Social Security pension benefits. Employers and employees became subject to a tax of one percent of wages on up to $3,000 a year.

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The Economy is Roaring. So Why Are More Workers Striking?
Updated On: Feb 20, 2020
Feb. 20, 2020 | ECONOMY | […] Two factors likely are driving workers to stage walkouts en masse, according to the Economic Policy Institute, a nonprofit think tank whose research focuses on trends involving working people. Employees are well aware that if they lose their jobs for striking they're likely to find another quickly. And employees aren't getting the wage gains that a tight labor market normally brings. "[It's] people kind of looking around and saying, 'Oh my God, we're 10 years into this recovery. The unemployment rate is 3.6%. Why am I not seeing decent wage increases?'" said Heidi Shierholz, one of the authors of EPI's analysis and a former Department of Labor chief economist in the Obama administration… CNN Business Related: Some striking numbers
 
 
Teamsters Local 355
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