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The decline of labor unions?
But the decline of labor unions is just as important.
Millennials have an uphill battle in turning around the decline of labor.
The decline of labor unions is what connects the skills-based gap to the 1 percent-based gap.
And the decline of labor force participation – the technical term for the share of adults working or searching – is primarily the result of a bad economy.
The decline of labor unions has left almost all working Americans captives of "at will" employment, a judicially created fiction that European workers would find intolerable.
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A part of the challenge rests with our commitment to plan for and implement ongoing educational reform, which must take into consideration many aspects including the rapid and continuous technological changes, the decline of labor-intensive technologies, as well as a growing recognition of the importance of emotional intelligence to economic productivity.
One reason is the continued decline of organized labor, which has traditionally trained student labor activists and helped to fund their campaigns.
During a half-century of change in the American labor market — the rise of technology and trade, the decline of manual labor — nobody has been hit harder than low-skilled, poorly educated men.
Economists have pointed to other reasons for stagnant or declining incomes, including pressure from import competition, the declining power of labor unions, automation that pushes workers out of jobs and poor schools that churn out students who lack job skills.
MANY economists say the stubbornly high jobless rate and the declining power of labor unions are also important factors behind the declining wage share, reducing the leverage of workers to demand higher wages.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com