The New York Times questions whether the labor movement will continue to have the kind of political impact on the election as it has in the past. With union membership down to just 11% of American workers (compared to 31% in 1960), the typically left-leaning movement struggles more and more to compete with Republican-leaning super PACs. There’s still evidence that union voters in 2012 made the difference for President Obama in key states such as Ohio and Wisconsin, but it’s unclear whether labor will make as big of an effort this year.
Also per the NYT, the Labor Department’s employment survey shows that the American workforce rose by 555,000 people in the month of February (bringing that number to 1.52 million for the past 3 months). While this is obviously moving in a positive direction, it’s unclear how much more the labor market can grow, especially in the long term. Also significant is that despite this substantial increase in the number of workers, average hourly earnings have remained low, rising a mere 2.2% over the last year. This rate “hardly suggests the kind of booming economy indicated by the low unemployment rate” — one explanation is that there’s a pool of “shadow workers” who are employable and open to accepting a job when the opportunity arises, but are not actively looking for work. The question in the coming months is whether participation will continue to increase absent stronger wage growth.
According to the Wall Street Journal, one demographic in particular has reason to be excited about the recently-released jobs report. By at least two metrics, millenials (age 25-34) seem to be faring better when it comes to employment than they have at any other time during the economic recovery. According to the survey, millenials gained 421,000 new jobs in February and enjoyed an employment-population ratio of 77.1% (the highest it’s been since November 2008). This may seem only natural since millenials are the largest and most educated generation in the U.S.; however, many have been swimming against the current thus far due to crippling student debt and an inability to obtain high-paying jobs.
Finally, this piece in the New York Times underlines some helpful tax tips for workers engaged in the gig economy.
Daily News & Commentary
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July 3
Unions seek a preliminary injunction to prevent USDA downsizing; the D.C. District Court issues a preliminary injunction against new student loan regulations; Matt Bruenig releases an analysis of Starbucks’ ongoing legal battle against Starbucks Workers United.
July 2
First Circuit denies federal worker unions’ mandamus petition; federal court denies preliminary injunction against new union reporting rule; House introduces the Securing Agriculture’s Workforce Act.
July 1
Trump nominates Keith Sonderling as Labor Secretary; DOL eliminates disparate-impact liability from Title VI regulations; OPM finalizes rule allowing suitability-based removal of federal employees for post-appointment conduct.
June 30
SCOTUS ends removal protections for agencies; staff at NYC cocktail bar vote to unionize.
June 29
In today’s News and Commentary, student-athletes file a class action suit challenging the NCAA’s new Age-Based Rule, a federal judge declines to issue a preliminary injunction against FEMA’s reduction in force but expedites proceedings, and Gavin Newsom opposes California’s proposed billionaire tax in favor of a federal approach. On Thursday, DeJuan Campbell, at basketball player […]
June 28
Philadelphia utility workers announce July 4 strike; national parks workers vote to unionize; Michigan considers “right to disconnect” bill.