The political implications of bad jobs and the decline of unions
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The political implications of bad jobs and the decline of unions
Overview Bad jobs have become a distinctive feature of the U.S. economy over the past few decades. Globally, a lack of adequate demand, or what economists call “secular stagnation,” has meant there are too few jobs for too many people, leading to wage suppression and jobless recoveries.201 Poor job quality—where workers earn low wages, work unstable hours, and receive declining benefits—means that in addition to reduced earnings, workers also de…
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