<< Chapter < Page | Chapter >> Page > |
By the end of this section, you will be able to:
A labor union is an organization of workers that negotiates with employers over wages and working conditions. A labor union seeks to change the balance of power between employers and workers by requiring employers to deal with workers collectively, rather than as individuals. Thus, negotiations between unions and firms are sometimes called collective bargaining .
The subject of labor unions can be controversial. Supporters of labor unions view them as the workers’ primary line of defense against efforts by profit-seeking firms to hold down wages and benefits. Critics of labor unions view them as having a tendency to grab as much as they can in the short term, even if it means injuring workers in the long run by driving firms into bankruptcy or by blocking the new technologies and production methods that lead to economic growth. We will start with some facts about union membership in the United States.
According to the U.S. Bureau of Labor and Statistics, about 11.1% of all U.S. workers belong to unions. Following are some of the facts provided by the bureau for 2014:
In summary, the percentage of workers belonging to a union is higher for men than women; higher for blacks than for whites or Hispanics; higher for the 45–64 age range; and higher among workers in government and manufacturing than workers in agriculture or service-oriented jobs. [link] lists the largest U.S. labor unions and their membership.
Union | Membership |
---|---|
National Education Association (NEA) | 3.2 million |
Service Employees International Union (SEIU) | 2.1 million |
American Federation of Teachers (AFT) | 1.5 million |
International Brotherhood of Teamsters (IBT) | 1.4 million |
The American Federation of State, County, and Municipal Workers (AFSCME) | 1.3 million |
United Food and Commercial Workers International Union | 1.3 million |
United Steelworkers | 1.2 million |
International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) | 990,000 |
International Association of Machinists and Aerospace Workers | 720,000 |
International Brotherhood of Electrical Workers (IBEW) | 675,000 |
Notification Switch
Would you like to follow the 'Microeconomics' conversation and receive update notifications?