• 619 days Will The ECB Continue To Hike Rates?
  • 619 days Forbes: Aramco Remains Largest Company In The Middle East
  • 621 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,021 days Could Crypto Overtake Traditional Investment?
  • 1,026 days Americans Still Quitting Jobs At Record Pace
  • 1,028 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,031 days Is The Dollar Too Strong?
  • 1,031 days Big Tech Disappoints Investors on Earnings Calls
  • 1,032 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,034 days China Is Quietly Trying To Distance Itself From Russia
  • 1,034 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,038 days Crypto Investors Won Big In 2021
  • 1,038 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,039 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,041 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,042 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,045 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,046 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,046 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,048 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

Jobs, Income Data Show Right-To-Work States Have Advantage

Investor's Business Daily reports Jobs, Income Data Show Right-To-Work States Working

The business world is abuzz over the National Labor Relations Board's complaint vs. Boeing's new South Carolina production line. For NLRB critics, the case boils down to one thing: "right-to-work" laws.

Right-to-work states have generally lower unemployment, higher job growth, lower taxes and better business climates. They have growing populations and have been attracting businesses from other states.

In most states, once a workplace is unionized, employees are required to join the union or they can't work there. But 22 states, including South Carolina, have passed laws that give employees the right not to join. Hence the term "right-to-work."

Between 1977-08, employment grew 100% in right-to-work states vs. the national average of 71% and 56.5% in non-right-to-work states. That's according to a January study that Ohio University economics professor Richard Vedder did for the Indiana Chamber of Commerce.

In this period, real per capita income in the right-to-work states grew 62.3% vs. the national average of 54.7% and 52.8% for non-right-to-work states.

Vedder has studied right-to-work laws for decades and argues that this success is not a coincidence.

" I've been looking for ways to show that these laws don't really (impact) anything. But I haven't found it yet," Vedder said.

Right-to-work fans concede that a variety of factors go into the relative success of a state's economy. But the labor laws are a strong indicator, they argue.

"Nobody is saying that right-to-work is the only factor, but if the bottom 14 states for personal income growth (between 1999 and 2009) are all non-right-to- work states, that's a pretty strong negative correlation," said Stan Greer, senior research associate for National Right to Work's National Institute for Labor Relations Research.

Right To Work States

I support national right-to-work laws for the simple reason it is the right thing to do. Forcing people to belong to unions to get a job is forced slavery. Dictating what people can and cannot do with their free time is also slavery.

Sadly, unions even dictate what non-union members can do with their free time.

Want to donate time to your school, cleaning classroom or planting shrubs? It's likely you can't because of unions. Want to be a volunteer fire-fighter? You may not be able to do that either.

For further discussion of the slavery issue, please see

 

Back to homepage

Leave a comment

Leave a comment