Since the 1890s, the United States has set aside the first Monday in September as Labor Day. It’s meant to be “a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country,” according to the Labor Department. But in recent years, the day has been as much...
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Labor Unions and Income Inequality
The issue: Since the Occupy Wall Street movement took over New York’s Zuccotti Park in 2011, income inequality has become a major political issue in the United States. Less often discussed is the role labor unions play in protecting workers’ wages.
In America, according to an estimate from Nobel Prize-winning economist Joseph Stiglitz, the top 1 percent...
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