US Union Members See Record Pay Raises, Outpacing Nonunion Workers

Unionized workers in the US saw record raises, while nonunion workers’ pay barely beat inflation over the past 12 months, the latest government data show.

Wages of private sector union workers rose 6.3% in the year ended in March, the largest increase in data back to 2001, according to Bureau of Labor Statistics employment cost figures released Tuesday.

Meanwhile, nonunion workers in the private sector saw a 4.1% bump in their salaries over the past 12 months, not much higher than inflation.

Read the article.

IAM District Lodge 166 © 2014