Want a raise? Join a union.

Fresh data from the Bureau of Labor Statistics shows that only 11.1% of American workers belong to unions. Since the early 1980s, the number of unionized workers in the US has been cut in half. But the overall union membership figure is heavily inflated by public sector workers. In the private sector, only 6.7% of workers are union members.

This is fabulous news if you happen to own a business, because the median weekly earnings of nonunion workers are 20% lower than those of union workers.

If you happen to be an employee rather than an employer, the lesson is obvious: collective bargaining works. No wonder the corporate elite hates it so much.

 

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