Labor Day 2016: Moderate Progress in Last Year - News Summed Up

Labor Day 2016: Moderate Progress in Last Year


This translates into a drop in employment of more than 2.0 million compared to 2007 employment rates and more than 3.5 million compared to 2000 employment rates. The average real hourly wage for non-supervisory workers rose by more than 2.0 percent over the last year. This is the second consecutive increase of this size, following seven years of virtual stagnation in wages for most workers. The overall unionization rate was 11.1 percent in 2015, the same as the preceding year, although the unionization rate edged down slightly to 6.6 percent in the private sector. Canada, a country with a very similar economy and culture, had no comparable decline in unionization rates.


Source: Huffington Post September 06, 2016 01:18 UTC



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