Working people’s share of national income has fallen to a record low, even as corporate profits soar to unthinkable new heights. The trend reflects decades of eroded worker power, and reversing it will take a revitalized labor movement.
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Elise Gould, Hilary Wething
Economic Policy Institute
Wages make up a large share of income for most U.S. working families, lost wage growth meant sluggish income growth. There was one group where wage growth, and income growth, was substantial: the top 1%, whose wages skyrocketed 182% since 1979
State and local government employees in Virginia are poised to gain the right to collectively bargain under a pending bill. But home care and campus workers aren't included.
Artificial intelligence is unlikely to produce permanent mass unemployment, Vivek Chibber argues. But without class struggle from below and state action, automation will deepen inequality and leave workers to bear its costs.
Thousands of Kaiser health care workers, including 22,000 nurses in Southern California, are on strike to demand better pay and staffing. The walk out has resulted in canceled or delayed appointments and surgeries, patients say.
The union seeks 25% raises over four years and says Kaiser halted negotiations in December, halting talks both with a national coalition of labor groups representing workers at the healthcare system, as well as with local chapters, which hash out sch
The stark bifurcation of corporate victories and weak labor data raises concerns among economists of jobless growth jeopardizing the U.S. workforce, as well as a K-shaped economy, where the rich get richer while the poor get poorer.
About 560 Starbucks locations have voted for union representation since the first vote to unionize four years ago, according to the union Starbucks Workers United.
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