Amalgamated Bank recently announced it will raise all employee wages to a minimum of $15 an hour, effective immediately. Amalgamated – which maintains a branch in Washington, DC -- called on the banking industry to follow its lead. “As one of the highest grossing industries, it is simply unacceptable that a significant portion of bank workers rely on public assistance,” said Amalgamated Bank CEO Keith Mestrich.
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Here’s today’s labor history:
In the IWW War Trials in Chicago on this date in 1918, 95 went to prison for up to 20 years.
And in 1985, a year-long Hormel meatpackers' strike began in Austin, Minnesota.
Today’s labor quote is by civil rights activist Jesse Jackson, Sr., speaking at a union meeting during the meatpackers strike:
“Workers must stand up and say enough is enough. We want jobs and justice!"