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Today in Labor History

July 8, 1966
From July 8 to August 19, 1966, over 35,000 airline workers across the nation employed by five airlines went on strike. After several years of stilted wage gains as the airline industry invested heavily in jet technology, aircraft mechanics and other ground service workers represented by the International Association of Machinists (IAM) were anxious to share in the substantial profits of 1965. Facing a bargaining impasse between the IAM and the five carriers (United, Northwest, National, Trans World and Eastern) covered in the industry’s first multi-carrier labor contract, a Presidential Emergency Board presented a “compromise” package. In the summer of 1966, IAM members rejected this compromise and walked off the job in the largest strike in airline history. For 43 days during the peak summer travel season, 60 percent of the U.S. commercial airline industry was literally inoperative as 35,000 workers stayed out on strike.
- Voices of Labor

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How COVID-19 Widened America’s Wealth Gap
Posted On: Jun 30, 2020
June 30, 2020 | INEQUALITY The novel coronavirus pandemic has only exacerbated income inequality, experts say, stretching the racial wealth gap in the United States and making the richest wealthier while leaving many of the poorest without jobs. As the COVID-19 pandemic overtook the U.S., it brought with it an unprecedented financial crisis and unemployment rates at their highest levels since the Great Depression, especially among Black, Hispanic and Asian workers (16.8%, 17.6% and 15% in May compared to 12.4% for whites). At least 45 million people have filed for unemployment since the pandemic began. Yet between March 18 and June 17, as the pandemic raged, the combined wealth of the 614 U.S. billionaires increased by $584 billion… ABC News







 
 
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