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In cooptation
Strikes
A work stoppage caused by the mass refusal of employees to work, typically to enforce demands upon their employer.
Wagner Act
A foundational piece of US labor law established in 1935 that guaranteed workers the right to form unions and engage in collective bargaining.
Supply of Labor
Refers to the total hours that workers wish to work at a given real wage rate, across the entire economy.
Demand for Labor
The total amount of workers that employers are willing and able to hire at a given wage rate in a certain period.
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