An analysis of U.S. government data, recently reported in the New York Times, shows that the wage gap between coal executives and the average coal worker has increased considerably.
There was a 60% raise in pay for the former, but an 11% raise for the latter from 2004 to 2016. There were 2.5% unionized coal mining jobs in 2016 compared with 40% two decades ago. The hourly wage for coal miners in Pennsylvania is $17, which is temporary and without benefits.
Seems pretty gloomy, doesn't it? But that's life under capitalism, chum, prosperity yesterday, poverty today.
So there it is folks, things ain't getting better, are they?
Steve and John.
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