Economic crisis


Chrysler workers on strikeThe US economy lost far more jobs in June than had been predicted, and the official unemployment rate hit its highest level since 1983, according to data released Thursday: here.

The budget crises of state governments in the US constitute a major front in an attack on social programs throughout the country that is being coordinated by the Obama administration: here.

Auto workers at seven of Chrysler’s twelve plants returned to work this week after a two-month shutdown following the company’s April 30 bankruptcy filing. Meanwhile, the government-directed assault on their jobs and living standards continues: here.

Large-scale job losses and cuts in services are planned throughout the UK public sector: here.

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