economics

  • Boston-area Workers to March and Rally against "Jobless Recovery"
    Rand Wilson
    Sep 26 2009 - 10:44pm

    With the Massachusetts jobless rate now at 9.1 percent and rising, workers are increasingly frustrated by employers exploiting the recession to attack them, and the failure of politicians and policy makers to address the growing jobs crisis.

  • Defined-Benefits Squeeze
    Mark Brenner
    Sep 14 2009 - 9:36pm

    Workers in defined-benefit pension plans used to be one-third of the private sector. Now they are a sixth—and those 20 million workers’ security is under serious threat.

    Consider the Central States Pension Fund. Once an anchor of retirement security for Teamsters in 29 states from Minnesota to Florida, the fund lost nearly a third of its assets during last year’s market meltdown. This only made an uncomfortable balancing act more precarious.