Archive for September 1st, 2017

The U.S. economy added fewer employees than expected in August, the jobless rate rose and wages rose less than forecast, in a break from otherwise solid progress in the labor market.

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The U.S. economy added fewer employees than expected in August, the jobless rate rose and wages rose less than forecast, in a break from otherwise solid progress in the labor market.

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Labor Day traditionally marks the unofficial end of summer. It also offers a moment to take note of the decline of labor unions in the U.S. in both the private and public sectors.
During college, I learned just as much perhaps more about labor unions while riding as a guard in the back of an armored truck as I did in the classroom. And it wasnt pretty.
Yes, I was a card-carrying union member while studying economics and business undergrad. What I saw firsthand were union leaders pressuring the most productive workers to slow down. After all, the hard workers were making others…

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