From 1948 to 1958 over thirty percent of the American workforce was represented by organized labor and the entire workforce benefited. The ensuing decades saw a steady decline in union representation, falling below twenty percent in 1985 and slipping to 12.5% in the most recent data available.
The rise of labor marked the establishment of the American middle class, the consumer class, the foundation of today’s economy, and its decline has foreshadowed the fall of the middle class and the crumbling of our economic foundation. MORE
Monday, December 15, 2008
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