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Anna Stansbury on How to Boost Worker Bargaining Power
Podcast |
Odd Lots
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
News Commentary
Publication Date |
Aug 04, 2022
Episode Duration |
00:49:49

Labor markets are considered to be "tight" right now, but wage growth continues to lag inflation. For decades, in fact, we've seen a steady decline in worker bargaining power, or labor's share of total income. So what would it take to turn this around? How can workers regain leverage? On this episode of the podcast, we speak with Anna Stansbury, an MIT economist who focuses on labor and macroeconomics. She discusses her research, the decline of labor's share and the role that unionization and other factors play in this long-term trend.

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