Organized labor has scored some big victories this year, including new contracts at UPS. Can the winning streak continue?
And now, organized labor feels like they have their winds at their back. A tight job market has given workers increased bargaining power, polls show public support for unions is high, and the Biden administration is on their side.
UPS workers walk a"practice picket line" in New York City on July 7, 2023. The UPS union won a lucrative contract after negotiations earlier this year.last week showed on average, unionized workers earn 10-15% more than workers who don't have the benefit of a union. They also enjoy better benefits, while unionized workplaces tend to see smaller racial and gender pay gaps.
The Federal Reserve has raised interest rates aggressively since last year in a bid to fight inflation and the impact of those higher borrowing costs are still filtering through to the broader economy.Unionization efforts have increased, but there have been mixed results., the highest level in seven years.ended in a win for the union, however, and even fewer ultimately resulted in a collective bargaining agreement.
People picket in front of a Starbucks store in the Greektown neighborhood of Chicago on June 24, 2023. Starbucks has fought hard against unionization efforts and unionized stores have yet to win a new contract.People picket in front of a Starbucks store in the Greektown neighborhood of Chicago on June 24, 2023. Starbucks has fought hard against unionization efforts and unionized stores have yet to win a new contract.Starbucks has also fought hard to dissuade people from unionizing.
The Hollywood writers' strike for better pay and job security has already lasted over 100 days, surpassing the last writers' strike in 2007.
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