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Publication Date:
Publisher: Center for Economic and Policy Research
Author(s): John Schmitt
Research Area: Labor
Keywords: Health insurance; Personal wealth; Household income
Type: Report
Coverage: United States
Abstract:
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.