America celebrates Labor Day – but are US workers winning?

As McDonald's and others increase wages, some economists say the balance is shifting in favor of workers - but will it last?

As the US celebrates Labor Day, many employers are still struggling to find enough workers. McDonald's, Chipotle, Walmart and many other companies have announced sizable wage increases to attract workers, and some economists argue American workers have the most bargaining power they've had in years.

Many people, from low-wage workers to White House officials, are cheering this news, but there's a fierce debate about this increased bargaining power. On Friday, the US released disappointing jobs figures that show the coronavirus is still affecting hiring. And while some argue this new-found worker power will be a longer-lasting phenomenon that yields years of better pay for workers, others believe it's just a temporary blip.