TOPIC: The economics of low-wage retail workers
Ho, ho, ho, happy shopping, I mean holiday, season
During this time of the year when so many Americans are focused on buying crap they don't need, I thought it would be appropriate to examine the plight of the American retailer worker, with no better example than the workers of Walmart. In light of the nationwide labor action on Black Friday protesting Walmart's policies toward pay and compensation of its workers, this issue is now on the front page of news outlet and ripe for further discussion. Here are some articles on the overall importance of the labor movement, a news account on the Walmart labor actions, and a more comprehensive study on the bad economics associated with low pay retail workers. Looking forward to the discussion.
http://prospect.org/article/if-labor-dies-whats-next
http://www.theatlantic.com/business/archive/2012/11/whos-really-to-blame-for-the-wal-mart-strikes-the-american-consumer/265542/
http://www.demos.org/publication/retails-hidden-potential-how-raising-wages-would-benefit-workers-industry-and-overall-ec
Ho, ho, ho, happy shopping, I mean holiday, season
During this time of the year when so many Americans are focused on buying crap they don't need, I thought it would be appropriate to examine the plight of the American retailer worker, with no better example than the workers of Walmart. In light of the nationwide labor action on Black Friday protesting Walmart's policies toward pay and compensation of its workers, this issue is now on the front page of news outlet and ripe for further discussion. Here are some articles on the overall importance of the labor movement, a news account on the Walmart labor actions, and a more comprehensive study on the bad economics associated with low pay retail workers. Looking forward to the discussion.
http://prospect.org/article/if-labor-dies-whats-next
http://www.theatlantic.com/business/archive/2012/11/whos-really-to-blame-for-the-wal-mart-strikes-the-american-consumer/265542/
http://www.demos.org/publication/retails-hidden-potential-how-raising-wages-would-benefit-workers-industry-and-overall-ec
