ILR School Economic Expert Comments on UAW Strike

strike sign

Yahoo!Finance's "What the UAW Strike Could Mean for Labor Conditions" features a discussion with Cornell University School of Industrial and Labor Relations Senior Economic Advisor Erica Groshen about technological advancements present in the automotive industry and the greater impact the United Auto Workers' strike could have on overall labor conditions.

"This actually could be good if it ushers in an economic period like we had in the 1960s when unionism was more widespread and there was more activism," Groshen explains. "But this is a period with very high productivity growth, improved living standards for all workers, less inequality than we see now — so it could be turning the corner to get back some of the salient features that we've had before."