Abstract
Economic inequality in the United States has reached heights unscaled since before the Great Depression. Today the top 1 percent wealthiest Americans hold nearly 40 percent of the country’s wealth (up from about 20 percent in 1980) and earn over one-fifth of all income (up from about 10 percent in 1980). The doubling of top-end wealth and income inequality has coincided with economic stagnation for millions of American workers, especially men, and especially men without a college education. These troubling trends led President Obama to announce that rising inequality and declining mobility are “the defining challenge[s] of our time.”.
| Original language | English |
|---|---|
| Title of host publication | The Cambridge Handbook of U.S. Labor Law for the Twenty-First Century |
| Publisher | Cambridge University Press |
| Pages | 12-21 |
| Number of pages | 10 |
| ISBN (Electronic) | 9781108610070 |
| DOIs | |
| State | Published - Jan 1 2019 |
Fingerprint
Dive into the research topics of 'The consequences of union decline'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver