How Unions Are Changing The Economy
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Last month, large stoppages from strikes resulted in 4.1 million missed days of work, according to the Labor Department. That preliminary estimate was the biggest monthly total since August 2000.
- In the United States, the labor movement and the occurrence of strikes really began in the late 19th century. This was a time of rapid industrialization (one could draw parallels to AI), horrendous working conditions, and negligible workers' rights.
- One of the earliest and most notable strikes was the Great Railroad Strike of 1877, precipitated by wage cuts and poor working conditions, which saw massive and widespread worker revolts that eventually led to federal intervention.
Video Length: 00:19:23
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