October 11, 2021
By Dr. Jack Rasmus
The best definition of a strike is when ‘workers withhold their labor’ for better wages and working conditions. The conventional wisdom is that unions go on strike. But that is incorrect. Workers go on strike and they don’t necessarily need to be members of unions. That fact is evident today as millions of US workers are refusing to return to their jobs. They are ‘withholding their labor’ searching for better pay and a future.
We are witnessing the ‘Great Strike of 2021’ and it’s composed mostly of millions low paid non-unionized workers!
Workers returned to jobs at a rate of 889,000 a month during the 2nd quarter 2021 (April-June) as the economy reopened. That average fell to only 280,000 per month in the just completed 3rd quarter 2021 (July-Sept), according to the Economic Policy Institute.
The most recent September month figure was only…
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