Whether you choose to put away the seersucker suit for the season is up to you, but Labor Day was established in 1894 to celebrate the “contributions and achievements of American workers” in the early days of the Industrial Revolution, when working conditions were so dangerous and horrific as to be unfathomable to today’s worker. And thankfully, legislation changed much of that, between the Wagner Act and the Fair Labor Standards Act, and later the Civil Rights Act, Occupational Safety and Health Act and Equal Pay Act, workers have enjoyed vast improvements over the past century.
But what about now? According to MIT prof David Autor, while pandemic benefits have played a role in the current labor shortage, the rules is insignificant. The lack of affordable child care has also been raised as a reason, but that, too, doesn’t empirically bear out as the cause of the problem. He posits another rationale. Continue reading
