Happy graduation month to Iowa’s newest high school and college graduates!
Though they’re graduating into a strong labor market—teens and young 20-somethings have had higher wage growth since 2020, and are more employed than other age groups—Trump’s attacks on the federal workforce, apprenticeships, and higher education, plus tariffs that threaten to increase prices on everything, could erase those gains.
And we won’t even mention student loans.
It’s all part of what Michael Podhorzer calls Trump’s “War on Working People,” which has included mass firings and hiring freezes on the federal workforce, eliminating policies and entire labor departments tasked with helping workers organize and stay safe on the job, and even eliminating a raise in wages for federal contractors.
But workers are fighting back. Unions are filing lawsuits and workers are organizing protests and town halls to raise awareness.
- “Trump’s orchestrated attack on unions and civil service institutions exposes a deliberate strategy aimed at consolidating authoritarian power by eroding the economic and social foundations upon which democracy rests,” he writes. “Recognizing and resisting these attacks, as previous generations have, as increasing numbers of people are doing today, remains essential to safeguarding democratic governance and shared prosperity.”
Are you graduating, or know someone who is? What are your/their concerns about graduating into this economy? Email us.
