Five Charts Capture Big Wins in US Labor Movement

This year has been a big one for the US labor movement.

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From Detroit to Hollywood, strikes, picket lines and record-breaking contracts have dominated headlines. So Bloomberg set out to determine whether all the talk of a “hot labor summer” has shown up in the numbers.

As it turns out, unions really have won big in 2023 .

Unions across the country have won their members 6.6% raises on average so far this year — the biggest bump in more than three decades, according to an analysis by Bloomberg Law. And that figure doesn’t even include the historic agreements reached by the United Auto Workers with the Big Three carmakers after weeks of bare-knuckle negotiations.

Click here to see the four other charts that detail the breakdown of wage wins for workers.?

Readers: Did you feel the impact of union wins this year? Tell us more by joining the conversation below.

Quick hits

• Japan came in last in a global ranking of employees’ wellbeing — measured by assessing physical, mental, social and spiritual health — a survey conducted by McKinsey Health Institute showed.
• US workers are increasingly worried about job cuts , even as their concerns about an upcoming recession are diminishing.
• US labor productivity advanced by the most in three years, helping to alleviate the inflationary impact of recent wage growth.

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