economy

Oceana released a new report today that finds offshore wind would produce over three times more jobs and nearly nine times as much energy as offshore drilling off South Carolina’s Atlantic coast.

Congratulations to five of our 7 U.S. House members for opposing the government-funding bill that barely passed the House late yesterday.  They were Jeff Duncan, Trey Gowdy, Mick Mulvaney, Tom Rice and Mark Sanford.
Buried in the 1600+ page bill is a provision to once again put the American taxpayer on the hook for bailing out big banks that gamble with their depositors’ money.
It is exactly this kind of big-bank bad behavior that led to the Great Recession and then the 2010 passage of the Dodd-Frank Act that made the greedy big banks move their risky betting out of

After three Spanish-language ads have hammered Republican candidate for U.S. Senate Cory Gardner in the contentious battleground of Colorado, the SEIU has moved on to another hard hitting issue for Latino voters: liveable wages.

“We have procrastinated for so long and allowed carbon emissions to rise year after year so there are no non-radical options left on the table. We cannot do this without radical changes to our political and economic system. This was not always so.”

Facebook is no longer donating to the American Legislative Exchange Council. The far-right think tank went too far on topics like climate change to suit the conservative-friendly social media site, which should indicate just how far away from the mainstream ALEC has gotten.

South Carolina's Small Business Chamber of Commerce has now publicly advocated for a federal minimum wage increase, to $10.10. South Carolina has no state mandate on the minimum wage, meaning that only a federal increase would benefit the state's workers in the near term.

Environmental Entrepeneurs, an organization devoted to promoting green jobs and job creation, released a Labor Day report highlighting the ever-growing number of clean energy jobs out there helping to drive the economy.

The Association of Builders and Contractors (a lobbying group for business OWNERS, not actually the CONSTRUCTION WORKERS themselves) is contemplating a legal suit against President Obama's executive order forbidding chronic workplace regulation violators from obtaining federal contracts.

Corporate America has become so parsimonious about paying workers outside the executive suite that meaningful wage increases may seem an unacceptable affront. In this environment, it may be easier to say “There is a shortage of skilled workers” than “We aren’t paying our workers enough,” even if, in economic terms, those come down to the same thing.

More people applied for unemployment benefits last week, but the overall job numbers are looking good, with the unemployment rate falling to 6.1% – the lowest since September 2008.