Posts tagged job satisfaction
Op-ed: When Workers Have Other Options: Rethinking Power in the Multi-Earner Economy
October 5, 2025 // Well, monopsony is the flip side: when one (or just a few) buyers dominate a market. In labor markets, that “buyer” is your employer. And when employers have monopsony power, they can pay you less than what your work is actually worth—because where else are you going to go? Here’s the thing: you don’t need to live in a company town with one employer to experience monopsony power. It happens if the cost of leaving your job is too high. Maybe you need the health insurance.
Labor Day: Workers on Their Jobs
August 28, 2024 // *Satisfaction with pay and benefits always trail satisfaction with workplace environments. Today, negative assessments of the economy as a whole may be depressing attitudes on some job characteristics. Still, in Gallup’s latest, only 13 percent were very dissatisfied with what they earned. *Employed Americans are reasonably confident of their own job security. Those numbers dipped to a low point in the Great Recession but have been more positive since.