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Boosted by baldur@toot.cafe ("Baldur Bjarnason"):
ChrisMayLA6@mastodon.me.uk ("Emeritus Prof. Christopher May") wrote:

What has been the result of the attrition against unions in the last half century?

Well, one clear answer seems to be that wages have declined as a share of GDP, which is the background to the ongoing cost-of-living crisis across many countries' workforce(s).

Some might argue the decline of unionisation is a correlation, not a cause, but if so they need to identify other major structural shifts to explain the reduction.

#workers #unions #economics

h/t Ian Hutcheon/LinkedIn (for chart)

Chart: Labour share ion income in selected advanced economies: Penn World Table 11.00 - Labour compensation as share of GDP - 1950-2023 Shows an uneven trend downwards for all countries (Canada, Germany, France, UK, Spain, US, Australia, Italy)