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Unions are good for business

Business Week - June 22, 2009 Share/Save/Bookmark

 

With a depressed economy and widespread anti-union hostilities from businesses, organized labor could be an unexpected part of the solution the country's economical woes. A well-compensated and secure workforce is able to provide for its families, relieving the burden of social security and welfare from the rest of society. Furthermore, workers earning a decent wage are more likely to remain at their jobs, reducing turnover and allowing employers to invest in training, which increases productivity. In short, enacting the Employee Free Choice Act, which would make it easier for workers to unionize and collectively fight for better wages and benefits, would be a step on the road toward economic recovery.

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Related Issues: economy, EFCA, recession