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Union membership down, income inequality up

Reblogged from Economy:

The decline of union membership has been a key driver of income inequality in recent decades, a new report found.

The drop in unionization accounts for roughly a third of the growth in wage inequality among men and a fifth among women between 1973 and 2007, according to the left-leaning Economic Policy Institute.

The share of the workforce represented by unions declined from 26.7% in 1973 to 13.1% in 2011.

Read more… 189 more words

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This entry was posted on 2012/09/07 by in Financial Empowerment.

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