Tom
Doug Henwood wrote:
> Andrew English wrote:
>
> >I think the issue is more the composition of the workforce rather than
> >the level of unemployment. Without trade liberalization of the last few
> >years, more of the working class
> >would still be higher-wage, more unionized manufacturing sectors and less of
> >it in the low-wage, mostly non-union
> >private service sectors (retail, etc).
>
> But the average real hourly wage has risen - and not just the
> average, but across the entire distribution, for both men & women.
> This looks like a reversal of the 1973-95 slide, and reflects changes
> in composition. The black unemployment rate is at a record low; ditto
> the black poverty rate. I think the case that NAFTA damaged the U.S.
> working class isn't as easy to make as people seem to think.
>
> Doug