+
Food Media

The Economist - "Striketober: American workers take to the picket lines"

Melanie Wong | Oct 23, 202107:00 PM    

With recent strikes at Frito-Lay, Nabisco, Kellogg's, Heaven Hill, John Deere, the American food supply chain could be affected.

"...A dominant feature of the American economy over the past few decades has been sluggish wage growth, albeit with decent gains just before the pandemic. The question now is whether Striketober signals a clearer turning-point, a shift in the balance of power towards labour. Workers have reason for guarded optimism.

Labour’s share of non-farm output (the portion of economic output going to workers in wages and other forms of compensation) reached nearly 65% in 2000. At the end of 2019, on the eve of the pandemic, it was down to 60%, according to the Bureau of Labour Statistics. Even more notable has been the rise in inequality. Between 1979 and 2019 the top decile of wages in America rose by 41% in real terms, whereas the bottom decile increased by just 7%..."

Striketober: American workers take to the picket lines

In a tight labour market, strikers have more leverage than before

www.economist.com
Want to stay up to date with this post? Sign Up Now ›

Invite a friend to chime in on this discussion.

Email a Friend

More from Chowhound

How to Make Your Sugar Cookies Taste Better
Guides

How to Make Your Sugar Cookies Taste Better

by Amy Sowder | Sugar cookies often look prettier than they taste. Now that's not right. With cookie season well under...

Christmas Cheesecake: The Most Wonderful Dessert of the Year
Explainers

Christmas Cheesecake: The Most Wonderful Dessert of the Year

by Jen Wheeler | At Christmas time, there are cookies galore, but true dessert lovers still crave something more substantial...

11 Gluten-Free Cookie Recipes for the Holidays
Recipe Round-Ups

11 Gluten-Free Cookie Recipes for the Holidays

by Vanessa Simmons | Christmas cookies, holiday cookies, winter treats—whatever you want to call them, they used to be...

13 Perfect Christmas Desserts That Aren't Cookies
Recipe Round-Ups

13 Perfect Christmas Desserts That Aren't Cookies

by Jen Wheeler | Christmas cookies are one of the reasons to love the season, but holiday desserts do not stop at the...

Get fresh food news delivered to your inbox

Sign up for our newsletter to receive the latest tips, tricks, recipes and more, sent twice a week.