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Great job by our affiliate, The Operative Plasterers’ and Cement Masons’ (OPCMIA) with this video “Value Driven Family.” I am a union member, a father and now a grandfather. I thank my union daily for the opportunities that they afforded me and...
Earlier this week, Donald Trump remarked that he’d “always wanted a Purple Heart.” Before yesterday, 99% of the people in my life had no idea that I had been awarded a Purple Heart. That’s because it’s a reminder of a very bad day. You see, on Aug. 19, 2004, when I...
AFL-CIO Latest News
Each week, we take a look at the biggest friends and foes of labor. We celebrate the workers winning big and small battles, and we shame the companies or people trying to deny working people their rights.
The Kansas City Federal Reserve Regional Bank held its annual research symposium at Grand Teton National Park in Wyoming this week. The focus was on the limits of monetary policy. The challenge faced by central bankers is that since the Great Depression, the world has faced deflationary pressures from overcapacity. Oil prices have plummeted, Chinese steel floods the global markets and workers remained frustrated with low wages and finding full-time work. Central bankers have run into a problem because their primary tool of interest rate policy to stimulate the economy has run into the limit of zero nominal interest rates. At zero, they are essentially giving away money. But investment remains stuck on low. And one way to stir the economy, to prompt inflation that gives the room of rising prices for firms to make profitable investments, isn’t happening.
Every week, we bring you a roundup of the top news and commentary about issues and events important to working families. Here’s this week’s Working People Weekly List.
The Union Advantage
Union members earn better wages and benefits than workers who aren’t union members. On average, union workers’ wages are 27 percent higher than their nonunion counterparts.
Unionized workers are 60 percent more likely to have employer-provided pensions.
More than 79 percent of union workers have jobs that provide health insurance benefits, but less than half of nonunion workers do. Unions help employers create a more stable, productive workforce—where workers have a say in improving their jobs.
Unions help bring workers out of poverty and into the middle class. In fact, in states where workers don’t have union rights, workers’ incomes are lower.
- Wages are 27% higher than non-union 27%
- Unionized workers are 60 percent more likely to have employer-provided pensions 60%
- More than 79 percent of union workers have jobs that provide health insurance benefits 79%