The case for wage insurance to offset future job disruption

The case for wage insurance to offset future job disruption

Federico Parra/AFP via Getty Images The U.S. economy has enjoyed a period relatively strong job growth coming out of the worst of the pandemic. That’s come with wage gains , as well. But, of course, many workers remember times when the opposite has been true.

In the 1970s and ’80s, there were the early waves of deindustrialization that cost U.S. companies jobs. In the ’90s, a corporate restructuring binge resulted in layoffs for office workers. And in the early 2000s, an increase in Chinese exports to the U.S. resulted in a manufacturing employment decline.

So turning back to the present, as […]

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