During World War II, the federal government kept labor unions on a tight leash for fear that their organizing might undermine industrial production for the war effort. However, with the end of the war, unions’ power and influence surged. By 1954—less than a decade...
Suppose the government mailed you a no-strings-attached check for $1,200 every month. What would you do with the money? Stow it away in a contingency fund? Invest it? Given the additional spending power, would you be comfortable reducing your hours at work? Maybe...
In July, according to the Bureau of Labor Statistics, the U.S. economy picked up over 209,000 jobs. Initially, predictions had only called for 180,000 new jobs, so the actual figures were a pleasant surprise for many: For a nation nearly crippled by an unemployment...