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The Path to a High-Wage Society
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Decent wages are necessary for social stability and for the purchasing power that the economy needs to trigger and sustain a strong recovery.
Union workers earn 14.1 percent more in wages than nonunion workers in the same occupations and with the same level of experience and education. The "union premium" is considerably higher when total compensation is included, because unionized workers are much more likely to get health insurance and pension benefits.
If unions are good for workers and good for the economy, why is only 12.3 percent of the nation's workforce unionized? A special report of The American Prospect demonstrates that government has ample powers to change the trend for the better. Read more here and here.
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