Episode 343: What About Unions?

Union membership in the private sector has been declining for decades, while union membership in the public sector has been increasing. This is consistent with workers voluntarily choosing not to unionize to the point that unions must turn to government jobs where it is easier to force workers to unionize.

Foolishness of the week: 04:20
Main episode: 10:03

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Topic of the Week

Declining union membership

https://www.statista.com/statistics/195339/number-of-union-members-in-the-us-since-2000/

https://www.statista.com/statistics/195349/union-membership-rate-of-employees-in-the-us-since-2000/

Union workers earn around 20% more than non-union workers

https://www.statista.com/statistics/1374865/earnings-union-membership-race-us/

33% of public sector jobs are unionized vs 6% of private sector jobs

https://www.bls.gov/news.release/pdf/union2.pdf

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