Asked by Jacqueline Effler on May 11, 2024
Verified
Research suggests that unionized firms are generally less profitable than nonunionized firms, unions reduce employment growth, and unionized workers are generally less satisfied than nonunion workers. Together, these facts provide strong evidence that unions are bad for workers.
Unionized Firms
Companies where a majority of workers are members of a labor union, which represents them in negotiations with management.
Employment Growth
An increase in the number of jobs available within a certain industry, sector, or economy.
- Examine the influence and outcomes of trade unions within the worker-management nexus.
- Evaluate the consequences of union representation on the financial performance of firms, the happiness of workers, and the rates of employment turnover.
Verified Answer
ZK
Zybrea KnightMay 13, 2024
Final Answer :
False
Explanation :
The statement oversimplifies the impact of unions on workers and firms. While some research suggests unions may have negative effects on firm profitability and employment growth, unions also negotiate for higher wages, better working conditions, and job security for their members. Worker satisfaction is complex and can be influenced by many factors, including but not limited to union membership. The overall effect of unions on workers cannot be deemed entirely negative without considering these broader aspects.
Learning Objectives
- Examine the influence and outcomes of trade unions within the worker-management nexus.
- Evaluate the consequences of union representation on the financial performance of firms, the happiness of workers, and the rates of employment turnover.
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