The New York Times

A Planned Biden Order Aims to Tilt the Job Market Toward Workers

According to an increasingly influential school of thought in economic circles, corporate mergers and other common business practices have made American workers worse off, and the government should address it. Ioana Marinescu, an economist at the University of Pennsylvania’s School of Social Policy & Practice, analyzed data on 8,000 labor markets with two co-authors and found that when a job market was heavily concentrated among a few employers, it resulted in a 5 percent to 17 percent decline in wages.