Unemployment is low and standard economic theory says that when unemployment drops, wages should rise. However, the latest Department of Labor report shows that even though unemployment has reached historic lows at 3.9%, wages are not rising. Why?
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The Impending Effects of the Janus Case on Public Sector Workers
A new report finds that a Janus decision against fair share fees would lower public sector worker earnings and have negative impacts on the U.S. economy. According to the Wall Street Journal, the “study says the expected outcome of the Janus case will shrink public-sector labor unions in 23 states.”
The U.S. labor movement is bracing...
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