[lbo-talk] Meyerson: How Dismal Is Labor Day

Michael Pollak mpollak at panix.com
Mon Sep 6 14:12:41 PDT 2010


http://www.washingtonpost.com/wp-dyn/content/article/2010/09/05/AR2010090502815.html

Monday, September 6, 2010; A15

Washington Post

Hard Times For Workers on Labor Day 2010

By Harold Meyerson

On Labor Day 2010, the state of America's workers is appalling.

Millions have lost their jobs. Millions have had their lives put on

hold or thrown into reverse.

Granted, it's a global recession. The state of the world's workers --

at least in the advanced democracies -- should be equivalently

appalling. But it's not. The Great Recession has taken a far greater

toll on our nation's workers than on workers in similar countries, even

those whose economies have dipped more steeply than ours.

Consider: As of this year, U.S. gross domestic product is about 1

percent beneath its 2008 peak, compared to a drop of roughly 2 percent

in France and Germany and 5 percent in Britain and Japan. But U.S.

unemployment has increased roughly 5 percentage points since 2007,

compared to just 1 point in France and Japan and 2 in Britain. In

Germany, unemployment has actually dropped a point since the recession

began.

No wonder Christina Romer confessed bewilderment at the scope of

American job losses in her valedictory speech as head of the

president's Council of Economic Advisers last week. American employers

have responded to recession with far more layoffs than their

counterparts in comparable or even worse situations in other nations.

One reason for this anomaly is that productivity has surged in the

United States, enabling employers to maintain output with far fewer

workers. For those workers still on the job, though, this story

seemingly should have a happy ending: Sustained production with fewer

workers should equal higher wages, should it not?

It should, but it hasn't. As Andrew Sum and Joseph McLaughlin of

Northeastern University's Center for Labor Market Studies have

documented, pretax corporate profits increased $388 billion from the

low point of the current recession, the second quarter of 2009, to the

third quarter thereafter, while wages increased just $68 billion. At a

comparable point in the 1981-82 recession, corporate profits came to

just 10 percent of the combined uptick in profits and wages. This time

around, they amount to 85 percent.

If you've wondered how big banks' profits have rebounded to pre-crisis

levels and how American corporations have come to be sitting on $1.8

trillion in cash -- even as unemployment remains well above 9 percent

-- wonder no more. They have pocketed their revenue, neither resuming

lending (if they're banks), nor rehiring laid-off workers nor giving

raises to those who have continued to work for them.

A similar tale can be told about employers and health insurance, the

costs of which have continued to rise. It's not the employers, however,

who have borne those increases. A survey, released Thursday by the

Kaiser Family Foundation and the Health Research & Educational Trust,

shows that employee premiums rose 13.7 percent over last year, while

the amount that employers contributed dropped -- dropped! -- 0.9

percent.

Only a purblind ideologue could miss the pattern here. American

employers -- more than employers in other nations and more than

American employers in earlier downturns -- have imposed the costs of

the recession and, increasingly, the costs of doing business, on their

workers, and kept for themselves damn near all the proceeds from doing

business.

What gives? Are American employers meaner than their European

counterparts and American forebears? I doubt it. The difference is that

American workers have markedly less power than their European

counterparts and their American forebears.

That's partly because unemployment remains so high here. More

fundamentally, though, the U.S. private sector is almost entirely -- 93

percent -- nonunion. Unlike European workers, unlike their own parents

and grandparents who lived in a much more heavily unionized America,

U.S. workers are now powerless to stop their employers from pocketing

all the change.

The source of this problem is outlined in two reports scheduled for

release Monday from two very different organizations, the liberal Human

Rights Watch, and Freedom House, an organization with a staunch

Lane-Kirkland-esque antipathy toward authoritarian regimes left and

right: Through the weakness of our labor laws, the reports say,

private-sector American workers can no longer form unions. Human Rights

Watch documents how corporations that are model (and highly profitable)

employers in Europe and frequently collaborate with unions there

descend to American employer norms -- denying workers the right to join

unions -- when they come over here. Freedom House, citing the

near-impossibility of forming unions in this country, laments that the

United States cannot be classed among the 41 nations that afford their

workers full freedoms.

A union-free America. Growth down a little, employment down a lot.

Profits and productivity up, wages flat. Health-care costs up for

workers, down for employers. The return of a thriving middle class?

Dream on.

And a happy Labor Day, one and all.

meyersonh at washpost.com



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