Labour Day & the Low-Wage Future

A brief history of Labour Day (at least in the U.S. and Canada) and a discussion with Jeannette Wicks-Lim of Political Economy Research Institute about the pre-crisis forecast from the Department of Labor showing a U.S. economy structurally inclined toward low wages.

Meanwhile, “conservatives” continue to rail against “Big Labour” while enthusiastically embracing the declining influence of unions, continued erosion of workers’ rights, the stagnation in wages over the past 30 years despite rising cost of living, the hollowing out of the North American manufacturing sector (and its replacement with shitty part-time jobs without benefits), not to mention the ever-widening income gap…

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1 Comment

Filed under Economy, Labour Issues

One response to “Labour Day & the Low-Wage Future

  1. Iciu

    This is in line with how this stimulus package worked… the stock market recovered nicely while most of the people truly affected by these times have seen no benefit whatsoever…

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