12 results tagged labor
They find, first, that unionization throughout one’s career is associated with a $1.3 million mean increase in lifetime earnings, larger than the average gains from completing college. Second, the lifetime earnings gains are channeled entirely through higher hourly wages and occur despite earlier-than-average retirement for persistently unionized men. Third, the union wage premium is not constant throughout a worker’s career; instead it increases with more years of union membership.
Disabled workers who are employed were paid an average of 74 cents on the dollar in 2020 compared with nondisabled workers.
And it costs us 27% more to have the same standard of living as an abled person.