Workers' rights

Labor Day is meant to recognize the history of the American labor movement and honor the workers and laborers that have contributed immeasurably to the development and achievements of the United States.

The light at the end of the pandemic tunnel has gotten a little brighter recently, especially as the number of U.S. COVID-related hospitalizations continues to dwindle and the number of fully vaccinated people in the country reaches nearly 40% of the population.¹

Labor Day has lost its identity. What used to be a day that celebrated workers and their fight for shorter hours, higher pay and safer working conditions has become one that is spent rummaging through sales in big box stores where minimum wage employees are forced to work on the one day that was created to honor them.

This week the Supreme Court ruled that public employees do not have to pay fees to cover the costs of the unions that collectively bargain on their behalf. This week the Supreme Court ruled that public employees do not have to pay fees to cover the costs of the unions that collectively bargain on their behalf.

In our rapidly-shifting and uncertain political landscape, the ability of unions to fulfill their responsibilities and protect their right to organize is absolutely critical.

Since the inception of trade, the most important part of investment management strategy has been the singular focus on yielding good financial returns.