The first Wal-Mart store opens in Rogers, Ark. By 2012 the company had 8,500 stores in 15 countries, under 55 different names, employing more than 2 million people. It is known in the U.S. and most of the other countries in which it operates for low wages and extreme anti-unionism - 1962
[Economics for Everyone: A Short Guide to Capitalism is a concise and readable book providing nonspecialist readers with all the information they need to understand how capitalism works – and how it doesn’t. Answers questions such as "What really happens on the stock market?" "Do workers need capitalists?" "Why does capitalism harm the environment?" Offers both a realistic assessment of capitalism’s strengths and a robust critique of its many failures. In the UCS bookstore now.]
President Johnson signs Title VII of the Civil Rights Act of 1964, forbidding employers and unions from discriminating on the basis of race, color, gender, nationality, or religion - 1964
The Labor Dept. reports that U.S. employers cut 467,000 jobs over the prior month, driving the nation’s unemployment rate up to a 26-year high of 9.5 percent - 2009
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