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Inverse Correlation Between US Union Density and Earnings Inequality (1950s-2018)
In the United States, a significant long-term inverse correlation has been observed between the rate of union membership (union density) and the level of earnings inequality. Union density peaked in the 1950s at nearly 35%, a time when inequality was at a low point. Since then, union membership has steadily declined, with the fall being particularly rapid between 1983 and 2018, when the rate dropped from 20.1% to 10.5%. This period of declining unionization has been marked by a consistent rise in earnings inequality.
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Ch.2 Unemployment, wages, and inequality: Supply-side policies and institutions - The Economy 2.0 Macroeconomics @ CORE Econ
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Inverse Correlation Between US Union Density and Earnings Inequality (1950s-2018)
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Learn After
Figure 2.17: US Unionization and Earnings Inequality (1915–2018)
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