The Pros And Cons Of Unions

As mentioned earlier, unions face difficulties in today’s workforce and business world due to their industries, change of employers and as well as the employees. The connection between government behaviors and union collective action has been a neglected research area. Where unions are not involved in policymaking, as long as governments respect the status in job security, unions are not likely to break their past behaviors. According to the article, "Unions function as labor cartels, restricting the number of workers in a company or industry to drive up the remaining workers' wages. They also retard economic growth and delay recovery from recession. Over time, unions destroy jobs in the companies they organize and have the same effect on

This means that unions and employers are being prohibited from signing contracts. Furthermore, based on economic research it indicates that unions benefit their members; however, hurt consumers. This applies to the workers who are denied from their job opportunities. For example, the average union member earns more than the average non-union worker. The world is moving into a technology world and this reduces the wage hours of employees and even on their positions as well. For example, let's look into the world of banking institution. The ATM's are taking over our positions, and us as humans we are becoming so attached to the credit cards that we spent more than we earn. This is all business theories that brainwash us and we max it out without acknowledging. For instances, Bank of America is a known as one of the most powerful financial institution and also for having a high ranking reputation. The primary business for Bank of America is to advertise the products and services to their fellow consumers. Bank of America offers numerous assortment of Visas to reward clients. For example, as per the article, "The BankAmericard

Younger members of this generation are getting ready to finish college while many of the older members are already in the workforce. Due to high profile and major corporation layoffs and scandals, this generation’s idea of employer loyalty has all but disappeared. However, “a study by the Families and Work Institute … found that younger workers are less likely to be obsessed with work; they are more interested in preserving their quality of life, even if it means staying at the same position in the labor hierarchy,” (Yan, 2006). This could mean good news for unions as this generation is likely to create dramatic change in the American workforce, including union membership. To achieve this, however, unions will have to find a way of connecting and communicating with the younger generations to educate them on the benefits of being part of a union. Additionally, “young workers … have to deal with the perception of being treated as unequal because of their age and are often not respected because they are assumed to be just kids trying to make a few bucks to spend recreationally,” (Fontes, 2010). This could create an opportunity to build on this generation’s awareness and open an opportunity for organizing. Furthermore, the Millennial generation has shown to be more supportive in ensuring workers get their fair share