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The Indicator from Planet Money

The rise and fall (and rise?) of organized labor

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 29 November 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

In the wake of the "great resignation", organized labor may be having a moment in the U.S. Tens of thousands of workers have protested working conditions at companies like John Deere and Kellogg's and, in recent months, workers across the country have chosen or threatened strike action. Today on the show, author Erik Loomis shares how the history of America's unions explains today's labor movement.

Transcript

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0:00.0

NPR.

0:12.2

This is the indicator from Planet Money.

0:14.0

I'm Stacey Vanick Smith.

0:16.0

2021 has been an extraordinary year for the US labor market.

0:20.5

Record numbers of workers quitting, millions of open jobs, wages rising across the board.

0:25.8

In a lot of ways, workers have more power right now than they've had in decades.

0:30.6

And they're using it.

0:31.9

People are switching careers, getting raises and going on strike.

0:36.3

Tens of thousands of workers in the US have gone on strike in the last few months alone.

0:41.1

Today on the show, we talk with Eric Loomis, author of A History of America in Ten Stripes.

0:48.8

He talks about the history of unions in the US, where they are now and what he sees as

0:53.9

the future of organized labor.

1:00.1

Eric Loomis is the author of A History of America in Ten Stripes.

1:04.7

And Eric, I'd love to start out in the early days of organized labor in the US.

1:08.8

This is the mid-1800s.

1:10.9

Everything is pretty scattered, pretty disorganized.

1:14.0

When does it become clear that unions are going to play a pretty major role in the US

1:18.5

economy?

1:19.5

Probably the biggest moment where it seems very clear that unions are going to start playing

1:23.0

a critical role in American life is 1886 with the eight hour day strikes.

1:27.9

That what had happened in previous decades is that you had the development of railroads,

1:32.6

you have the development of a nobly capitalism, people like John DeRoccafeller, JP Morgan,

...

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