Do Labor Unions Still Matter?

Subscribe! http://bitly.com/1iLOHml Labor Union membership in the United States has fallen steadily since the 1960s. Today, with so few American workers belonging to a union, many argue...

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Labor Union membership in the United States has fallen steadily since the 1960s, to 11 percent, its lowest point in 98 years. So, what are labor unions? And are they still useful? Well, American labor unions took off during the Industrial Revolution. The Civil War decimated rural Southern economy, driving many young people to urban industrial jobs. Labor Unions formed to unite workers, so that they had some bargaining power about wages and work conditions. Historically, manual laborers were paid low wages, and then cast aside once they could no longer work. However, when union membership exploded in the late 1930s, laborers were able to demand better treatment. Since then, many companies have been forced to strike a delicate balance between their relentless purs...
Do Labor Unions Still Matter?
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