Chicken Little is an Increasingly Rare Bird

Chicken Little is an Increasingly Rare Bird

Photo by Artem Beliaikin on Unsplash Production of boiler chickens (those raised for their meat, not eggs) in the US...
EVs: Driving Change at Convenience Stores

EVs: Driving Change at Convenience Stores

Photo by John Cameron on Unsplash The United Nation’s (UN) recent report on the impending changes the world is facing...
Who’s In The Driver’s Seat: The Changing Dynamics of Auto Production

Who’s In The Driver’s Seat: The Changing Dynamics of Auto Production

Photo by Possessed Photography on Unsplash If you were shopping for a new car during the pandemic or even just...
China’s Population is Declining – Too hot, too cold, or just nice for its Economic Development?

China’s Population is Declining – Too hot, too cold, or just nice for its Economic Development?

On Tuesday, January 17th, 2023, China’s National Bureau of Statistics released the country’s population data to be 1.41175 billion in...
The Externalities Effect of Child Firearm Fatalities in the States

The Externalities Effect of Child Firearm Fatalities in the States

A study published on July 8th, 2022 by the Kaiser Family Foundation (KFF) analyzed how gun fatalities among children and...
Why is Everything Getting So Expensive?

Why is Everything Getting So Expensive?

Prices on everyday products like groceries and diapers have increased dramatically in the last couple of years, with inflation often...
Understanding the U.S. Labor Market – A January 2023 Snapshot

Understanding the U.S. Labor Market – A January 2023 Snapshot

Photo by Luis Melendez on Unsplash According to the Federal Reserve Economic Data (FRED) website, April 2020 recorded the highest...
The New Economics of Car Production

The New Economics of Car Production

Photo by Dan Dennis on Unsplash Engineers working at some of American car maker Ford’s facilities in Europe might be...
Looming Water Crisis – What can YOU do to Conserve Water?

Looming Water Crisis – What can YOU do to Conserve Water?

www.britannica.com Looking at the droplet in the infographic, only 2.6% of the world’s water supply is fresh water, while the...
U.K. Economy Three Years after Brexit

U.K. Economy Three Years after Brexit

Photo by Jamie Street on Unsplash Brexit is the term used to mark the event when the United Kingdom (U.K.)...

Thousands of U.S. Workers Participate in “Strike for Black Lives”

Yesterday, tens of thousands of workers across the U.S. walked off their jobs in support of the “Strike for Black Lives.” According to organizers, the strike was held to bring greater attention to issues like income inequality and systemic racism in both the private and public sectors. The nationwide event included members from labor unions and political groups such as the Service Employees International Union, International Brotherhood of Teamsters, American Federation of Teachers, and dozens of other organizations. 

The Strike for Black Lives campaign called for “an unequivocal declaration that Black Lives Matter” from business and political leaders. Organizers further urged legislators to “reimagine our economy and democracy” in a way that emphasizes civil rights while also calling on businesses to provide better access to union organizing. Although the campaign did not have exact figures on how many people walked off their jobs, demonstrations took place in more than 200 American cities.

In the Northeastern U.S., for instance, about 6,000 nurses from 85 nursing homes went on strike outside their workplaces. 1,500 janitors in San Francisco walked off their jobs while McDonald’s employees outside of St. Louis protested for higher wages. Meanwhile in Memphis, call center and logistics workers marched in front of AT&T offices to demand more inclusivity as well as better protections against coronavirus. “What we’d like them to understand is if they’re going to go out and advertise that they believe black lives matter, take the steps you need to take to protect the lives of your black employees,” said Communications Workers of America Local 3806 board member Randall LaPlante. “This is a company that has all the resources in the world to slow the spread of the pandemic and they are failing.”

Discussion Questions:

  1. If the strikes are prolonged, what effect might this have on the price of the goods and services provided by companies whose employees are on strike? What other potential effects on consumers might there be?
  2. What are the most direct economic effects of increased unionization of labor in an industry, if the effect is to obtain higher pay or benefits for the workers? How are the firms, consumers, and employees affected?

Source: Jacob Bogage, “Thousands of U.S. Workers Walk Out in ‘Strike for Black Lives,’” The Washington Post, July 20, 2020.