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Labour Unions

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Since the foundation of the American Federation of Labor(AFL) in 1886, most unions in the United States have displayed a pragmatic out look, largely compatible with that of business. The general purpose of unions has been to protect and advance the well being of workers, while that of business has ....

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....s with very high skil! ls or skills that are highly specific to a single employer. Numerous studies have been made to estimate the extent to which unions in the United States have raised the wages of their members above what they would otherwise have been. These studies show substantial differences in the effectiveness of different unions, and that is in the spirit of Marshall's analysis. Substantial variation has also been found in the effectiveness of unions over the course of business cycles....
Number of words: 605 Approximate pages: 3

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