Labor & Economic News Blog
Tuesday, September 02, 2008
Labor Day: But where's the labor?
Labor Day: But where's the labor?The mood of the American worker on this holiday -- in a word -- jittery. This Labor Day, organized labor celebrates (if you can call it that) its 12 percent-of-the-workforce clout - 7 percent if you count only the private sector. Gone are the days when the unionized workforce was an effective checks-and-balance agent for stratospheric executive pay.
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