Men who belonged to unions their entire career made up to $1.3 million more on average than men who never joined one, according to new research.
Those belonging to unions made about $3.4 million from ages 20 to 64, compared to $2.1 million for those who were never union members. Cornell University’s Industrial and Labor Relations (ILR) Review published the findings.
The study analyzed data from the Panel Study of Income Dynamics (PSID) from 1969 through 2019. The men studied had to be no older than 25 between 1969 and 1973.
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