Unions and Upward Mobility for Young Workers
Publisher(s): Center for Economic and Policy Research
Author(s): John Schmitt
Keywords: Health insurance; Personal wealth; Household income
Coverage: United States
This report uses national data from the Current Population Survey (CPS) to show that unionization raises the wages of the typical young worker by 12.4 percent compared to their non-union peers. The study goes on to show that unionization also increases the likelihood that a young worker will have health insurance and a pension. The study also notes that despite being better educated, this age cohort earns 10% less than did their counterparts in 1979.