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Article: Workers' economic gains cause for celebration this Labor Day.
- Article from:
- The Washington Times (Washington, DC)
- Article date:
- September 4, 2000
- Author:
CopyrightCOPYRIGHT 2000 News World Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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American workers are enjoying one of their best years ever. The booming economy has given working people a lift and an edge over employers that they haven't seen in a generation.
With unemployment hovering near 4 percent for the past year, record numbers of blacks, Hispanics and other minorities are finding jobs, and more women are working than ever before. Wages are growing close to 4 percent a year on average. Although soaring energy costs have eaten into purchasing power, families still are on course to post another year of strong gains in income.
With employers in many areas desperate to find and keep workers, employees are dictating the terms ...