Life in the Real Economy
The Prospect,
2022
Recommendation
Behind the banner news of a robust American labor market lies a “real economy” in which big firms pay their workers a pittance and their shareholders a bounty, writes journalist Harold Meyerson in this eye-opening essay. He notes that American workers seem to be reaping the benefits of higher wages and an excess of job openings. But this reality doesn’t hide the fact that some major US corporations pay barely living wages to their employees. Meyerson takes readers behind the headlines for a sobering look at the US employment landscape.
Summary
About the Author
Harold Meyerson is editor at large of The American Prospect.
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