America

Latin America stagnation 'worse than 1980s', says UN official

Latin America stagnation ‘worse than 1980s’, says UN official

Low investment, low productivity and inadequate education condemned Latin America to a period of economic failure even worse than the “lost decade” of the 1980s, according to the UN’s top economics official in the region. José Manuel Salazar-Xirinachs, new head of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), said the …

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America faces possible railroad strike in two weeks after biggest union rejects labor deal |  CNN Business

America faces possible railroad strike in two weeks after biggest union rejects labor deal | CNN Business

New York CNN Business — America faces a growing risk of a crippling nationwide freight rail strike in two weeks. Rank and file members of the country’s largest rail union, which represents drivers in the industry, have rejected a tentative labor agreement with the freight railways, the union announced on Monday. The country’s second-largest railway …

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Perspective: America needs prime-age men to work

Perspective: America needs prime-age men to work

Amid widespread labor shortages and historic wage growth, why are so many prime-age men on the fringes of employment? One reason is the diminishing value our government places on work. Even before the pandemic hit, growing public assistance programs were undermining employment by offering unlimited assistance to men able to work. It’s no wonder that …

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