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Ebook Economics today (16th edition): Part 2

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Nội dung chi tiết: Ebook Economics today (16th edition): Part 2

Ebook Economics today (16th edition): Part 2

Unions and Labor MarketMonopoly PowerToday, fewer than 8 percent of all U.S. workers employed by private firms are members of unions. In contrast, nea

Ebook Economics today (16th edition): Part 2arly 40 percent of local, state, and federal government employees belong to unions. Recently, government employment has grown more rapidly than privat

e-sector employment—a trend that has contributed to the growth in the number of union members employed by governments. Indeed, in the late 2000s, the Ebook Economics today (16th edition): Part 2

number of unionized workers in the government sector surpassed the number of unionized workers in the private sector for the first time in U.S. histor

Ebook Economics today (16th edition): Part 2

y. In this chapter, you will learn about the goals of unions and about their place in the U.S. economy.m >H uLUtD oAfter reading this chapter, you sho

Unions and Labor MarketMonopoly PowerToday, fewer than 8 percent of all U.S. workers employed by private firms are members of unions. In contrast, nea

Ebook Economics today (16th edition): Part 2 and strategies of labor unions►Evaluate the potential effects of labor unions on wages and productivity□► Explain how a monopsonist determines2 how m

uch labor to employ and what_wage rate to payz ► Compare wage and employmentDCdecisions by a monopsonistic firm Ebook Economics today (16th edition): Part 2

dustries with alternative market_JstructuresMyEconlab helps you master each objective and study mere efficiently. See end of chapter for details.642CH

Ebook Economics today (16th edition): Part 2

APTER 29 ■ Unions anddie average employee of state and local governments in the United States receives 45 percent more in combined wages and benefits

Unions and Labor MarketMonopoly PowerToday, fewer than 8 percent of all U.S. workers employed by private firms are members of unions. In contrast, nea

Ebook Economics today (16th edition): Part 2rkers belong to labor unions—organizations that seek to secure economic improvements for their members. Nonunion employees of state and local governme

nts receive approximately the same wages and benefits as private workers. In contrast, unionized employees of state and local governments receive wage Ebook Economics today (16th edition): Part 2

s that are at least 20 percent higher and benefits that are more than 70 percent greater.Traditionally, one rationale for forming a union was that mem

Ebook Economics today (16th edition): Part 2

bers might be able to earn fl more than they would in a competitive labor market by obtaining a type of monopoly power. Because the enure supply of a

Unions and Labor MarketMonopoly PowerToday, fewer than 8 percent of all U.S. workers employed by private firms are members of unions. In contrast, nea

Ebook Economics today (16th edition): Part 2s into the determinauon of employment In such situauons. we can no longer talk about a perfecdy competitive supply of labor. Later In the chapter, we

will examine the converse—a single employer who is the sole employer of a particular group of workers.Industrialization and Labor UnionsIn most parts Ebook Economics today (16th edition): Part 2

of the world, lalxir movements began with local craft unions. These were groups of workers in individual trades, such as shoemaking, printing, or baki

Ebook Economics today (16th edition): Part 2

ng. Beginning around the middle of the eighteenth century, new technologies permitted reductions in unit production costs through the formation of lar

Unions and Labor MarketMonopoly PowerToday, fewer than 8 percent of all U.S. workers employed by private firms are members of unions. In contrast, nea

Ebook Economics today (16th edition): Part 2 engage in collective bargaining, in which business management negotiates with representatives of all union members about wages and hours of work.In 1

799 and 1800, the British Parliament passed laws called the Combination Acts aimed at prohibiting the formation of unions. In 1825. Parliament enacted Ebook Economics today (16th edition): Part 2

a replacement Combination Act allowing unions to exist and to engage in limited collective bargaining. Unions on the European continent managed to co

Ebook Economics today (16th edition): Part 2

nvince most governments throughout Europe to enact similar laws during the first half of the nineteenth century.Unions in the United StatesThe develop

Unions and Labor MarketMonopoly PowerToday, fewer than 8 percent of all U.S. workers employed by private firms are members of unions. In contrast, nea

Ebook Economics today (16th edition): Part 2e Knights of Labor, an organized group of both skilled and unskilled workers, pushed for an eight-hour workday and equal pay for women and men. In 188

6, a dissident group split from the Knights of Labor to form the American Federation of Labor (AFL) under the leadership of Samuel Gompers. During Wor Ebook Economics today (16th edition): Part 2

ld War I, union membership increased to more than 5 million. But after the war, the government decided to stop protecting lalxir’s right to organize.

Ebook Economics today (16th edition): Part 2

Membership began to fall.THE FORMATION OF INDUSTRIAL UNIONS The Great Depression was a landmark event in U.S. labor history. Franklin Roosevelt’s Nati

Unions and Labor MarketMonopoly PowerToday, fewer than 8 percent of all U.S. workers employed by private firms are members of unions. In contrast, nea

Ebook Economics today (16th edition): Part 2onal Labor Relations Act (NLRA), otherwise known as the Wagner Act, took its place. 'Hie NLRA guaranteed workers the right to form unions, to engage i

n collective bargaining, and to Ik- members of any union.In 1938, the (fongress of Industrial Organizations (CIO) was formed by John L. Lewis, the pre Ebook Economics today (16th edition): Part 2

sident of the United Mine Workers. Prior to tire formation of tile CIO, most labor organizations were craft unions. 'Hie CIO was composed of industria

Ebook Economics today (16th edition): Part 2

l unions, which drew their membership from an entire industry such as Steel or automobiles. In 1955, the CIO and the AFL merged because the leaders of

Unions and Labor MarketMonopoly PowerToday, fewer than 8 percent of all U.S. workers employed by private firms are members of unions. In contrast, nea

Unions and Labor MarketMonopoly PowerToday, fewer than 8 percent of all U.S. workers employed by private firms are members of unions. In contrast, nea

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