Fight Back! News

News and Views from the People's Struggle

EconomicCrisis

By staff

Tampa, FL – The Tampa community has struggled for an end to the housing crisis since the eviction moratoriums ended last year. With this year’s midterm elections approaching, Tampa activists demand a rent control ordinance to stop the rise in rent prices. Enough public support can push the Tampa city council to address the housing emergency.

Read more...

By Masao Suzuki

“Terrible” report shows signs of economic weakness

San José, CA – On Friday, January 14, the U.S. Department of Commerce reported that retail sales dropped 1.9% in December 2021. This number was called “terrible” by economists, who expected a very slight drop of 0.1%. Since the retail sales report is not adjusted for inflation, sales discounting higher prices fell almost 2.5%.

Read more...

By Masao Suzuki

San José, CA – The weekly report on Unemployment Insurance (UI) claims issued on Thursday, September 17 by the U.S. Department of Labor showed that the economy continues to struggle. Seasonally adjusted new claims for regular state unemployment insurance fell by 33,000 to 860,000 for the previous week ending September 12. This number is still about four times the weekly claims number in February, when the recession began. It is also above the high mark for claims before this recession, which dates back to October 1982.

Read more...

By Masao Suzuki

Unemployed line up for miles at food banks and millions skip paying rent

Enter a descriptive sentence about the photo here.

San José, CA – For the second week in a row, the U.S. Department of Labor reported April 9 that more than 6 million people applied for unemployment insurance in the previous week. The Labor Department also revised up last week’s claim numbers to 6.6 million, meaning that a total of 16.8 million people have lost their jobs and applied for UI benefits in just the last three weeks. The actual number could be higher as many states’ websites, phone lines and paper application sites were swamped.

Read more...

By Fight Back! Editors

Millions of people are out of work. Those who are laid off are being foreclosed out of their homes, losing health care, and finding it harder and harder to make ends meet. Youth unemployment is particularly high. Even recent college graduates are forced to live in their parents’ homes. Many are unable to make payments on their college loan debt. Being laid off and unable to find work, millions of immigrants, both documented and undocumented, are forced to leave after years of working in the U.S.

Read more...

By Kim DeFranco

St. Paul, MN – Chanting “Money for human needs, not for stadiums,” members of the Welfare Rights Committee, the Minnesota Coalition for a Peoples' Bailout and supporters from OccupyMN gathered outside Senate Taxes and Local Government and Elections committee hearing, Nov. 29, at the State Capitol building. The committee was holding an informational hearing on proposals to build a new stadium complex for the Minnesota Vikings football team owner – a New Jersey real estate developer named Zygi Wilf.

Read more...

By brad

Minneapolis, MN – Occupy Minnesota, which began on October 7 in solidarity with the Occupy Wall Street movement, continues it’s ongoing protest presence in People’s Plaza in downtown Minneapolis (the plaza between 5th & 6th Street and 3rd & 4th Avenue). Each day brings more support and more actions. The main theme of OccupyMN is “people before profits.”

Read more...

By Fight Back! Editors

On Sept. 30, the Economic Cycle Research Institute (ECRI) publicly stated that the United States economy was tipping into a new recession. This adds to the growing evidence of a serious slowdown in the U.S. economy, including the zero job growth and falling personal income in August as well as falling prices and sales of homes in August.

Read more...

By staff

_Theme is ‘People before profits’ _

Minneapolis, MN – With the theme of “People before profits” and inspired by the Occupy Wall Street protests in New York, a similar occupation will start on Friday, Oct. 7 at 9:00 a.m. in Minneapolis. The Minneapolis occupation will be at Government Plaza (300 South 6th Street, downtown Minneapolis). The Occupy MN movement has already renamed it “People’s Plaza.” This is one of many ongoing occupations that have sprung up around the country since the Wall Street occupation began on Sept. 17.

Read more...

By Masao Suzuki

On Sunday, Oct. 3, the Greek Cabinet voted on a new budget proposal for 2012 that includes 6.5 billion euros ($8.5 billion) in spending cuts and tax hikes, including cutting 30,000 government jobs. This budget will go to the Greek Parliament on Monday, Oct. 4, in hopes of getting another 8 billion euros ($10.5 billion) from the European Financial Stability Facility (EFSF) in order to pay back German, French and other European banks that own large amounts of Greek bonds.

Read more...