Question

One of the commonly cited reasons that organized labor continues its presence in American economic life is due to the wage gap that is widening between labor and management. Why do these gaps occur? Should government be involved in regulating the workplace to address these income gaps? Could regulatory agencies do what unions are trying to do – which is to ensure better pay for American workers?

Answer 1

The income gaps in the United States occur for various reasons, such as part-time employment with no benefits for students and partial jobs such as restaurant food. There are various jobs in the Unites State that pay up to USD 1000 per hour, with the exception of people and different skills and scope. Furthermore, the gender gap in pay also forms a historic basis for not fixing or constant basic minimum wages throughout the US. The administration sets the nation's and states' hourly wages with their business. It is therefore the competent authority to determine the wages hourly throughout the United States. The regulatory units could function better here than the syndicates. Regulatory bodies determine annual labor expenses and regulate inflations that are part of the pay increases that can best be performed by regulatory bodies. The regulators can best serve employee wage gaps, and wage requirements would make them possible on an hourly basis, regardless of gender. The unions can do and nationally implement what the regulatory authorities can. The regulatory authority also maintains the law and provides good services to salaries and pay gaps in gender issues.