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January 26, 2026

Today in 2009
A handful of American companies announce nearly 60,000 layoffs today, as the recession that began during the George W. Bush presidency charges full-tilt toward what became known as the Great Recession.

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In A Strong Economy, Why Are So Many Workers on Strike?
Updated On: Oct 21, 2019
Oct. 21, 2019 | ECONOMY | At first glance, it may seem like a paradox: Even as the economy rides a 10-year winning streak, tens of thousands of workers across the country, from General Motors employees to teachers in Chicago, are striking to win better wages and benefits. But, according to those on strike, the strong growth is precisely the point. Autoworkers, teachers and other workers accepted austerity when the economy was in a free fall, expecting to share in the gains once the recovery took hold. In recent years, however, many of those workers have come to believe that they fell for a sucker’s bet, as they watched their employers grow flush while their own incomes barely budged … New York Times
 
 
Teamsters Local 355
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