The Pros And Cons Of The Decline Of Unions

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From the dissolution of World War II until the late 1960s, US firms had a virtual monopoly of modern technology and production. For this reason, business enterprises in the United States controlled the majority of manufacturing goods and services, making them the industry leader in exports. Unions derive power from the economic strength of the companies and industries they organized which allowed unions to benefit from higher wages. Nonetheless, by the year 1966, it was evident the labor movement organizing reached their apex in the U.S totaling almost 209,015 union members. Subsequently, union organizing has seen a sudden decline because the significant majority of union members who chose to have a union shop are no longer available for employment.

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