Monopsony in the labor market describes employers’ ability to set wages below competitive levels, due to a variety of causes. including increased market concentration and limited job mobility. Equitable Growth digs deep to understand the many causes of monopsony in the U.S. labor market, the extent of monopsony in the labor market today, and what policies can restore balance to competition so workers can earn fair wages.
Explore Content in Monopsony102
Explore the Equitable Growth network of experts around the country and get answers to today's most pressing questions!