Labor has been severely undermined, but that's happened before. In the 1920s, the labor movement was virtually crushed, in large part by Wilson's Red Scare, but it dramatically revived in the 1930s. It spearheaded the social-democratic New-Deal style changes which were beneficial to the country - not sufficient, but beneficial. That could happen again.
It is like sitting in a traffic jam on the San Diego Freeway with your windows rolled up and Portuguese music booming out of the surround-sound speakers while animals gnaw on your neck and diseased bill collectors hammer on your doors with golf clubs.