Middle-class wages have been stagnant for more than 30 years. Stagnant wages are due to many factors, including the decline in unionism, the decline in the value of the minimum wage, rising health care costs and the need to cut non-fixed cost, i.e., labor, because of global competition.
A new agency, announced yesterday by President Obama, to crack down on unfair trade practices by countries such as China, is “a step in the right direction,” says AFL-CIO President Richard Trumka.
More than 1.6 million American jobs in the nation’s auto supply chain are at risk unless China’s illegal trade practices are curtailed, according to three new reports released today. In a conference call with reporters this afternoon, United Steelworkers ( USW ) President Leo Gerard said:
It’s been four years since low-wage workers got a raise. Sign the petition to tell Congress it’s time to raise the minimum wage.
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