Today my morning email blast from the New York Times carried “Why Unions Matter”. This article focuses on the current effort to repeal Right-to-Work for less in Michigan. Facts matter!
In the long term, the decline of unions tends to hurt workers: A large recent study, consistent with other research, found that union members made about 20 percent more on average than nonunionized workers who were otherwise similar. The additional wages often came out of corporate profits, which explains why the decline of unions has contributed to rising economic inequality. The shrinking of unions effectively redistributes income from low- and middle-income workers to affluent investors.
(graphic via clipart-library.com)
