The Pros And Cons Of Labor Unions

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1. A labor union is a legally formed group of individuals, who work together to achieve similar goals. Labor unions fight for higher wages, enhanced benefits, and improved working conditions for their employees. For example, the NHLPA is the labor union for all the NHL players. The union leaders and the managers of an organization try to work together and negotiate terms, called collective bargaining. If the two sides do not come to an agreement, it could lead to a work stoppage or lockout. This has occurred recently in the NHL, where the NHL players’ union and the league could not agree on the collective bargaining agreement.
2. Today, labor unions face different issues than previous generations. For example, replacement sources of labor.