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July 05, 2025

Today in 1835
 Children, employed in the silk mills in Paterson, N.J., go on strike for an 11-hour day and six-day week. A compromise settlement resulted in a 69-hour work week. ~ Labor Tribune

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Unions Continue to Build Wealth for All Americans
Posted On: Mar 21, 2024
Mar. 21, 2024 | ECONOMY | New data from the Federal Reserve’s Survey of Consumer Finances (SCF) highlight how important unions continue to be for increasing Americans’ wealth—the total value of what people own minus the value of all their debts. The data show that the median union household has significantly more wealth than the median nonunion household, and these large wealth differences hold across various demographic groups, including race and ethnicity as well as education levels. American Progress   PHOTO/AP
 
 
Teamsters Local 355
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