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Union Membership and Income InequalityThe union membership rate tracks the percentage of all workers who are members of a union. In 1955, the membership rate peaked at 35 percent. Union membership remained strong until the late 1960s. In 1970, the membership rate stood at 29.1 percent. Since then it has fallen steadily. The most recent data from the Bureau of Labor Statistics shows a nationwide membership rate of 11.1 percent. There have been a number of negative impacts that correlate with the decline in union density. One of the clearest is an increase in income inequality.
CEPR and / September 09, 2015
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Should Pension Funds Be Speculating on Energy Prices with Workers’ Retirement Savings?Eileen Appelbaum and Rosemary Batt / September 08, 2015
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The Contribution of Lost Hours to UnemploymentSeptember 8, 2015
CEPR and / September 08, 2015
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Labor Unions: The Folks Who Gave You the WeekendDean Baker
Truthout, September 7, 2015
Dean Baker / September 08, 2015
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A Rates Hike May Hurt the US Economy—So Why Don't the 2016 Candidates Seem to Care?Dean Baker
The Guardian, September 5, 2015
Dean Baker / September 08, 2015
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David Brooks Sees Rise of Candidates Who Challenge Rich as Problem of "Expressive Individualism"Dean Baker / September 08, 2015
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The Washington Post Was Confused by August Jobs ReportDean Baker / September 05, 2015
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The Real Rate of Recovery, September 2015Kevin Cashman / September 04, 2015
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Latin America and the Caribbean
O futuro do Brasil de LevyMark Weisbrot / September 04, 2015
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Latin America and the Caribbean
Brazil Needs New Economic Program to Jump-Start Growth and EmploymentMark Weisbrot
Truthout, September 21, 2015
Mark Weisbrot / September 04, 2015
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Job Growth Weakens in AugustSeptember 4, 2015 (Jobs Byte)
Dean Baker / September 04, 2015
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Restaurant Industry Employment Growth as Share of Total Employment Growth, for Years 1992-2015 with Employment GainsSeptember 4, 2015
Dean Baker / September 04, 2015
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Latin America and the Caribbean
Fraudulent Ballots, Violence, Protests, and Low Turnout Cloud Haiti's Legislative ElectionsJake Johnston
VICE News, September 6, 2015
Jake Johnston / September 03, 2015
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Dean Baker’s Comments on the DOL Overtime Rule ProposalDean Baker / September 03, 2015
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Stephen Stromberg and the Logic of Barring Oil Drilling in the ArcticWashington Post editorial writer Stephen Stromberg told Post readers that President Obama is not a climate hypocrite for talking about climate change even as he opens areas in the Arctic for drilling. Stromberg was responding to environmental groups who argued that if we are to prevent dangeorous levels of global warming, we will have to leave large amounts of the world's oil in the ground. They argue opening the Arctic for drilling is a serious step in the wrong direction.
Stromberg's response is that the environmentalists are engaged in confused thinking. He cites a column by Michael Levi at the Council of Foreign Relations:
"'[M]ore oil production in one place generally means less oil production elsewhere — that’s how markets and prices work — which substantially blunts the effect' that Arctic drilling would have on global greenhouse emissions."
In other words, Stromberg is arguing that if we drill more oil out of the Arctic, it will be offset by less oil coming from other places. This assertion is largely true, but it leaves out an important part of the picture.
Dean Baker / September 02, 2015