Treasury Department Releases Report Highlighting the Benefits of Unions to American Workers and the U.S. Economy
The U.S. Treasury Department’s Office of Economic Policy released a new report entitled, “Labor Unions and the Middle Class,” that highlights the role that labor unions play in the American economy. Overall, the report found that unions play an important role in addressing longstanding challenges faced by the middle class – including stagnant wages, high housing costs, and reduced intergenerational mobility. In doing so, the report explains that unions contribute to a more robust and resilient economy.