Sectoral Bargaining Can Raise Wage Floors
Twenty states still adhere to the paltry federal minimum wage of $7.25 per hour, which hasn’t budged since July 2009. Paired with declining union density as a result of corporate attacks on collective bargaining, real wage erosion has burdened US workers for years—especially those in the hardest-hit sectors. In a new brief, Roosevelt’s Alí R. Bustamante explores how sectoral bargaining can empower workers and raise wages.
Industry-wide collective bargaining has proven successful in numerous European countries and has increased wage floors without sacrificing employment. In the US, it could help increase wages in the most distressed industries, like manufacturing and transportation and warehousing.
Read more in “Raising Wages through Sectoral Bargaining.”
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