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THREAD-U.S. Inequality, Wage Stagnation Tied To Falling Union Membership In The Private Sector forbes.com/sites/pedrodac…
"The decline of union participation was an important driver of the increase in wage inequality and wage stagnation for some workers." - @HamiltonProj hamiltonproject.org/papers/the_shi…
@hamiltonproj "We present evidence on the labor market effects of private sector unions, showing that unions reallocate income from employers to workers, with particularly large effects on the lower part of the wage distribution."
@hamiltonproj "The number of unionized workers has shrunk back to early 20th century levels with only 10.5% of all workers belonging to a union. Among private sector workers that number is even tinier—just 6.4% of the workforce."
@hamiltonproj "By representing individual workers at the bargaining table, a union can ameliorate many of the disadvantages [workers face] and improve workers’ compensation and conditions of work." hamiltonproject.org/assets/files/U…
@hamiltonproj How does the United States fare compared to other countries on this front? Not well! marketwatch.com/story/these-5-…
@hamiltonproj "Employers have become more aggressive in their tactics to thwart the formation of a union and this resistance has played a role in the decline of private sector union density."
Indeed, the fall in union participation runs counter to rising pro-organizing sentiment.
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