https://www.jacobinmag.com/2021/09/labor-day-chart-union-mem...
https://commons.wikimedia.org/wiki/File:US_productivity_and_...
https://www.epi.org/publication/how-todays-unions-help-worki...
https://www.jacobinmag.com/2021/09/labor-day-chart-union-mem...
https://commons.wikimedia.org/wiki/File:US_productivity_and_...
https://www.epi.org/publication/how-todays-unions-help-worki...
This is a really lazy analysis that ignores all of the productivity gains that came from automation and information technology. People who put together cars didn’t start making less money, they got replaced by robots.
The problem is that it takes awhile to train for the job so the labor market won’t be able to react very quickly. By the time we’re adjusting the job offering it’ll be too late.
Maybe the $60k to do zoom is too much, and the $120k to work in the early morning in the cold and rain should be $200k.
I guess we will find out soon enough.