Labor & Economic News Blog
Tuesday, February 24, 2009
Noted economists: The Employee Free Choice Act is needed to restore balance in the labor market
Noted economists: The Employee Free Choice Act is needed to restore balance in the labor marketAlthough its collapse has dominated recent media coverage, the financial sector is not the only segment of the U.S. economy running into serious trouble. The institutions that govern the labor market have also failed, producing the unusual and unhealthy situation in which hourly compensation for American workers has stagnated even as their productivity soared.
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