Historically,union wages have experienced multiple-year upswings followed by multiple-year downswings.

Question

Quizplus · Accepted Answer

This is true. Union wages have gone through cycles of rising and falling over time, with periods of increasing wages followed by periods of stagnation or decline. These cycles can be influenced by economic conditions, changes in the labor market, and collective bargaining between unions and employers.

Historically,union Wages Have Experienced Multiple-Year Upswings Followed by Multiple-Year Downswings