Unions are the strongest in decades. Nearly a million Americans got double-digit raises as a result | CNN Business
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Nearly 900,000 Americans sitting down to Thanksgiving dinner this week will have unions – and the double-digit pay increases they won – to thank.

Nearly 900,000 Americans sitting down to Thanksgiving dinner this week will have unions – and the double-digit pay increases they won – to thank.

That’s how many unionized workers have won immediate pay hikes of 10% or more in just the last year, according to an analysis by CNN.

And the pace of increases of that size have been picking up. More than 700,000 of those workers won pay hikes over the course of the last six months, and of that group, nearly 300,000 saw deals reached in just the last six weeks.

“I would say this is the best run of wage increases won by labor since the period right after the end of World War II,” said Art Wheaton, director of labor studies at Cornell University’s School of Industrial and Labor Relations in Buffalo.

  • bitwise@kbin.social
    0·
    10 months ago

    Maybe I’m becoming too cynical, but the raises these unions have been settling on don’t really cover inflation over the periods where they received no increase.
    These articles just feel like the media wings of these megacorps are trying to stroke our egos. “Yes, so much bargaining power!”

    I can’t find the article I’m thinking of where someone used a bunch of privately sourced data to peg the average annual inflation at 7%, but this article shows how economists don’t even agree on what metrics to measure for calculating inflation.

    https://www.investopedia.com/articles/07/consumerpriceindex.asp

  • Flying Squid@lemmy.world
    0·
    10 months ago

    This thread talks about the new young Democrat mayor of Terre Haute, Indiana where I live. I do not like him at all for other reasons, which I go over in the thread, but I think unions are definitely a big part of why he got elected. Despite Terre Haute being a big union town, it went to Trump both times and the mayor was a Republican for years.

    I think a lot of union members are just fed up with Republicans and their anti-labor stances and we’ll see more of that in 2024.

  • theodewere@kbin.social
    0·
    10 months ago

    Unions are getting paid because corporations have gigantic piles of cash lying around right now (because of record profits), and they were hoping to just keep it for themselves somehow

  • Avid Amoeba@lemmy.ca
    0·
    10 months ago

    Not nearly enough. We need a lot more participation. That’s gonna help with the money in politics problem too. This is the solution used the last time inequality and its socioeconomic effects were at this level, and it worked for a while.

  • MonsiuerPatEBrown@reddthat.comEnglish
    0·
    10 months ago

    Now imagine if we had some way to sent people that could represent our needs to the government. If only we could house such a group of people near the seat of government so that they could petition our needs in the form of … I don’t know let’s call it a bill of writ and law.

    If only we could have something like that, too.

  • SuiXi3D@kbin.social
    0·
    10 months ago

    It’s not enough. Not until everyone is paid what they’re actually worth will it ever be enough.

  • lntl@lemmy.ml
    0·
    10 months ago

    When I worked at Amazon, i learned that unions are bad for workers.

    I remember that if get/keep unions out of the way then more of the money we make can go to us instead of the union.

    • Wiwiweb@sh.itjust.works
      0·
      10 months ago

      Are you telling us this as an example of the kind of things they will tell you at Amazon, or is this something you believe too?