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Today in Labor History

March 28, 1968
 Martin Luther King, Jr., leads a march of striking sanitation workers, members of AFSCME Local 1733, in Memphis, Tenn. Violence during the march persuades him to return the following week to Memphis, where he was assassinated. ~Labor Tribune

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Updated: Mar. 28 (22:04)

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This 1916 Experiment Made Workers Wealthy
Posted On: Oct 21, 2021
Oct. 22, 2021 | COMMENTARY | Profit-sharing is an old idea that emerged in 1916. Major companies like Sears, Procter & Gamble, Pillsbury, Kodak, and U.S. Steel all joined the profit-sharing movement, giving their workers shares of stock so the workers actually owned part of the company. Profit-sharing gave workers an incentive to be more productive since the success of the company meant higher profits would be shared. It also reduced the need for layoffs during recessions because… Watch on YouTube
 
 
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