The economy President Joe Biden inherited is, uh, not great, to say the least. Everywhere you look, people are still struggling to make ends meet after the pandemic forced millions out of their jobs.
Even for those who are employed, the struggle for basic working conditions seems to have permeated every segment of the economy lately. That was abundantly clear last week, as headline after headline showed labor being attacked, penalized and otherwise exploited by bosses in search of maximum profits.
What’s really interesting to me, though, is that when it comes to management’s refusal to offer fair compensation, it doesn’t seem to matter whether you’re a so-called blue-collar or a white-collar worker right now.
When it comes to management’s refusal to offer fair compensation, it doesn’t seem to matter whether you’re a so-called blue-collar or a white-collar worker right now.
Democrats have said for years that as a party they stand with workers, not big business — and now is their chance to prove it. They can start by tackling the abuse in the gig economy. Once praised for its flexibility, the field has been a nightmare for anyone who wants anything resembling job security or benefits.
When 10 employees of the grocery delivery company Instacart successfully voted to unionize last year in Skokie, Illinois, it was seen as a potentially huge shift. It meant gig workers could have the ability to bargain for better working conditions. Isn’t it a coincidence, then, that all 10 unionized Instacart workers were laid off Thursday as part of a broader set of job cuts?
Nearly 2,000 of Instacart’s 10,000 grocery store shoppers will be cut, with the company offering a paltry few hundred dollars in severance or the chance to become nonunion-eligible gig workers. Instacart showed its first profit last year.
The more traditional blue-collar worker isn’t faring much better. Biden’s $1.9 trillion stimulus package, meant to be phase one of his response to the pandemic, seems to be stalling out already. Senate Republicans are skeptical that more aid is needed so soon after the last $900 billion package passed. That has to be hard to hear for people who would benefit most from the direct payment checks, the guarantees of expended unemployment benefits and a raise in the federal minimum wage in Biden’s proposal.
Meanwhile, writers at The New Yorker went on a 24-hour strike Thursday. The magazine’s writers unionized two years ago and have been bargaining with management ever since. Things came to a head when management agreed to set up a salary floor but set it at $45,000 — only $3,000 more than the lowest current full-time salary, the New Yorker Union said in a statement.
That may sound like a lot in most of the U.S. — but not in one of its most expensive cities in the country. According to NerdWallet’s cost of living estimates, living in Brooklyn on that salary would go as far as $23,208, or around $11 an hour, would in Raleigh, North Carolina.
Even society’s soulless capitalist id hasn’t escaped the trend. Now, nobody is saying we need to cry tears for the poor Wall Street financiers, but Bloomberg reported last week that while Wall Street has enjoyed a windfall during the pandemic — which is, in and of itself, a wild thing to write — employees haven’t reaped much of the benefit. Goldman Sachs managed to get 15 percent more revenue out of its workforce last year, according to Bloomberg, but it spent just an average of 2 percent more per person. At JPMorgan Chase’s investment bank, a 1 percent pay bump came after a 22 percent increase in revenue per employee.
It just goes to show you that more revenue for corporations isn’t turning into increased wages even at the top of the income brackets, let alone at the bottom, where every dollar matters more.
Thankfully, workers managed to get in a win last week — one that Democrats should pay close attention to. The 1,400 Teamsters at the Bronx’s Hunts Point Produce Market, which supplies an estimated 60 percent of New York City’s fresh fruits and vegetables, spent most of the week on strike. The union had demanded a raise of just $1 an hour per year for the next three years for its members to better cover the safety risks of working during a deadly pandemic.








