Today in 1929 What came to be known as Black Tuesday, the historic stock market crash, hit the New York Stock Exchange as over 16 million shares were dumped, wiping out billions in value and launching the Great Depression—an economic catastrophe that ultimately led to mass unemployment, sweeping New Deal labor reforms, and the legal codification of collective bargaining.
• USPS overhaul threatens to dismantle postal service • Billionaires bet on Trump but we’re betting on workers • How Trump’s 2nd administration affects business and labor • Amazon sues to halt labor board’s joint employment driver case • Labor board accuses Apple of suppressing employee discussions • Amazon ordered to let workers vote on unionizing – for the 3rd time • PepsiCo faces Teamsters lawsuit after abrupt closure of Chicago plant