Opinions – Americans Increasingly Believe Labor Unions Benefit The Economy -Huffington Post

Interestingly, the Huffington Post reports the results of a survey showing that currently Americans are the most optimistic about unions since 2006.

Source: Americans Increasingly Believe Labor Unions Benefit The Economy

I was surprised at this headline. As a one-nation conservative, it seemed counter-intuitive. But I reflected on the results and interpreted them as follows.

This is part of the polarization of politics towards the extremes, the far-left and the far-right. Since the financial crash of 2008, many working class and middle class Americans have struggled economically with huge challenges of rising debt and healthcare costs. By comparison, big business has seen huge growth in profits, often escaping from taxes, especially overseas. Traditional jobs have been off-shored to low-cost countries, replaced by technology or gone to immigrants with higher skills. Many Americans have been forced into taking multiple jobs or accepting zero hours contracts. It’s significant that in the heavily unionized education sector, the US was recently reported at bottom of the OECD league in numeracy.

Personally, I’m of the opinion that the results are a one-off and there is no sustainable move to unionization.

Nevertheless, the results will be of interest to other advanced counties where there are parallels to the US work experience.

Thoughts?

G20 faces persistent gaps in employment and job quality – Newsroom – OECD

English: The logo of the Organisation for Econ...

English: The logo of the Organisation for Economic Co-operation and Development (OECD). (Photo credit: Wikipedia)

This is an excellent must read report from OECD. Check it out!

via Newsroom – OECD.

Every millennial should read this report.

Working people are getting an increasingly smaller share of the cake. For those lucky enough to have jobs, wage rates are not growing and the quality of jobs is falling.

In short, more young people will need to look to multiple jobs or to stacking supermarket shelves as a means of avoiding unemployment. Others will need to relocate overseas, learn new skills or languages.

There is another way, of course, but policy-makers don’t want to stimulate economic demand to create jobs.

Policy-makers and their sponsors in Berlin, London & Washington are doing OK, so they need reminding about the lost-generations. Take Southern Europe, for example, countries like Greece, Cyprus, Italy, Spain, Portugal & France desperately need investment to stimulate jobs. Meanwhile, the Eurocrats are sitting happy thank you.

Not fair, is it? 

Thoughts?