Thursday, August 31, 2017

Stagnation...*

Image result for $15 minimum wage

The steep decline in union membership in recent decades has had an outsize effect on the American workforce, a new study says.  The report argues the dwindling influence of unions is a significant but often ignored reason for wage stagnation. 

A study authored by Washington University a research scientist at Columbia University’s Center on Poverty and Social Policy.

The fatter paychecks of union workers creates a more competitive labor market that forces nonunion companies to lift wages to prevent employees from jumping ship. And unions often establish labor-friendly policies that generally promote fairness in pay, benefits and worker treatment, according to the report.

The gains were not limited to nonunion workers at risk of joining unions, the study says. When those workers received raises, their higher-level supervisors who couldn't join unions also saw sharper pay increases to maintain salary hierarchies, the paper says.

But the losses engendered by shrinking union participation are most pronounced for nonunion private-sector male workers who lack a Bachelor's degree. 

Many politicians use the "anti-Union" stand knowing that they are hurting the little people. 
Enron and Arthur Anderson [Non Union companies] disintegrated in 2 months while GM is still viable.   Just a thought.  

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