Debt-ridden Retailers Shed Millions of Jobs
In the Workplace
The Washington Post’s Abha Bhattarai reports, citing a report released Wednesday by worker advocacy groups Americans for Financial Reform and the Center for Popular...
In the Workplace
The Washington Post’s Abha Bhattarai reports, citing a report released Wednesday by worker advocacy groups Americans for Financial Reform and the Center for Popular Democracy.
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Wall Street firms blamed for killing 1.3 million retail jobs
Wall Street firms blamed for killing 1.3 million retail jobs
Wall Street’s gamble on retail is responsible for the loss of more than 1.3 million jobs in total over the past decade -- an estimated 597,000 at retail companies owned by private equity firms and...
Wall Street’s gamble on retail is responsible for the loss of more than 1.3 million jobs in total over the past decade -- an estimated 597,000 at retail companies owned by private equity firms and hedge funds, and another 728,800 indirect losses, according to a report released Wednesday by the Center for Popular Democracy and the Private Equity Stakeholder Project…
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Judge halts Puerto Rico bankruptcy process for 3 months
Judge halts Puerto Rico bankruptcy process for 3 months
The director of community dignity campaigns of the Center For Popular Democracy and spokesperson for the Construyamos otro Acuerdo campaign, lawyer Julio López Varona…
...
The director of community dignity campaigns of the Center For Popular Democracy and spokesperson for the Construyamos otro Acuerdo campaign, lawyer Julio López Varona…
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Piden a jueza Swain paralización de procesos de quiebra
Piden a jueza Swain paralización de procesos de quiebra
Mientras, el abogado Julio López Varona, director de Campañas Comunitarias del Center for Popular Democracy, enfatizó en la importancia de paralizar los procesos de bancarrota en momentos de...
Mientras, el abogado Julio López Varona, director de Campañas Comunitarias del Center for Popular Democracy, enfatizó en la importancia de paralizar los procesos de bancarrota en momentos de incertidumbre sobre quién será el próximo gobernador y los representantes de la Junta de Control Fiscal.
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Private equity’s role in retail has decimated 1.3 million jobs, study says
Private equity’s role in retail has decimated 1.3 million jobs, study says
Women and people of color have been disproportionately affected by the layoffs as debt-ridden retailers closed thousands of stores, according to the report by six progressive nonprofit...
Women and people of color have been disproportionately affected by the layoffs as debt-ridden retailers closed thousands of stores, according to the report by six progressive nonprofit organizations and workers’ advocacy groups, including Americans for Financial Reform and the Center for Popular Democracy.
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Private Equity Has Killed 600,000 Retail Jobs, Study Says
Private Equity Has Killed 600,000 Retail Jobs, Study Says
Over the past decade, 597,000 U.S. employees working for retailers owned by private equity firms and hedge funds have lost their jobs, while the sector as a whole added more than a million...
Over the past decade, 597,000 U.S. employees working for retailers owned by private equity firms and hedge funds have lost their jobs, while the sector as a whole added more than a million positions, according to a report by the Center for Popular Democracy and the Private Equity Stakeholder Project. The workers advocacy groups estimate that another 728,000 “indirect jobs” have disappeared at suppliers and local businesses, bringing the total casualties to about 1.3 million.
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Private equity’s role in retail slashed 1.3 million jobs, study says
Private equity’s role in retail slashed 1.3 million jobs, study says
As The Washington Post reports, that total includes 600,000 retail workers, as well as 728,000 jobs in related industries. Women and people of color have been disproportionately affected as debt-...
As The Washington Post reports, that total includes 600,000 retail workers, as well as 728,000 jobs in related industries. Women and people of color have been disproportionately affected as debt-ridden retailers close thousands of stores, according to the soon-to-be-public report by six nonprofit organizations and workers’ advocacy groups, including Americans for Financial Reform and the Center for Popular Democracy.
Read the full story here.
As Puerto Rico Erupts in Protests, “La Junta” Eyes More Power
As Puerto Rico Erupts in Protests, “La Junta” Eyes More Power
“This is a moment when we have people rising up and saying they want to have power to make their own decisions,” Julio López Varona, a lawyer and San Juan-based organizer with Construyamos Otro...
“This is a moment when we have people rising up and saying they want to have power to make their own decisions,” Julio López Varona, a lawyer and San Juan-based organizer with Construyamos Otro Acuerdo and the Center for Popular Democracy, told me. “People are not in the streets because they want more federal control. They are in the streets because they want a say in their future.”
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Private equity firms kill 600,000 retail jobs, study says
Private equity firms kill 600,000 retail jobs, study says
Over the past decade, 597,000 U.S. employees working for retailers owned by private equity firms and hedge funds have lost their jobs, while the sector as a whole added more than a million...
Over the past decade, 597,000 U.S. employees working for retailers owned by private equity firms and hedge funds have lost their jobs, while the sector as a whole added more than a million positions, according to a report by the Center for Popular Democracy and the Private Equity Stakeholder Project. The workers advocacy groups estimate that another 728,000 “indirect jobs” have disappeared at suppliers and local businesses, bringing the total casualties to about 1.3 million.
Read the full article here.
Big Banks Are Divesting From Private Prisons, Thanks to Anti-ICE Activism
Big Banks Are Divesting From Private Prisons, Thanks to Anti-ICE Activism
Major private prison firms CoreCivic and GEO Group stand to lose 72 percent — about $1.9 billion — of their private financing as major banks commit to divesting from the private prison industry...
Major private prison firms CoreCivic and GEO Group stand to lose 72 percent — about $1.9 billion — of their private financing as major banks commit to divesting from the private prison industry under pressure from activists, according to a new analysis by the Center for Popular Democracy and other groups.
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