Stronger Unions Could Do A Lot of Good
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Dec. 6, 2017 | LABOR UNIONS | … Unions use strikes and other collective action as a bargaining chip to force employers to raise wages. For this reason, union workers get paid about 22 percent more than non-unionized workers. Even non-union workers often benefit from unions setting the bar higher for wages. But unionization rates, never more than 50 percent, have declined to a negligible level in the U.S. private sector… So unions should be thinking about new ways to adapt to the reality of the 21st century American economy. Here are a few out-of-the-box ideas ... Bloomberg
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