08/31/2012; Tula Connell
The U.S. public is painfully aware of the growing income inequality in this nation.
Now, a new report shows a big reason why the gap is growing: fewer workers in unions.
Declining unionization was responsible for roughly one-third of the growth of wage inequality among men from 1973 to 2007, a new Economic Policy Institute (EPI) report finds. Declining unionization can explain roughly one-fifth of the growth of wage inequality among women over the same period (click to enlarge chart). Continue reading “Fewer Workers in Unions = Growing Income Inequality”