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October 29, 2026

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.

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U.S. Labor Dept. to Lose 20% of Staff to Resignation Offers
Posted On: Apr 24, 2025
Apr. 24, 2025 | WORKERS’ RIGHTS | Nearly one in five workers at the US Department of Labor opted to leave their jobs later this year as part of the Trump administration’s deferred resignation program, according to two DOL employees briefed on the matter. Labor Secretary Lori Chavez-DeRemer reopened the program for DOL staff earlier this month after it was first launched in January, warning that reductions in force at the agency were forthcoming… Worker advocates and employment attorneys have warned that any cuts to DOL staff could hurt the agency’s ability to enforce child labor, minimum wage, family leave, or other worker protections, resulting in fewer inspections and fines for businesses covered by the agency. Bloomberg Law
 
 
Teamsters Local 355
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