Description: The number of American workers in unions declined sharply last year, the Bureau of Labor Statistics reported on Friday, with the percentage slipping to 11.9 percent, the lowest rate in more than 70 years.
Source: NYTimes.com
Date: 01/21/2011
Link: http://www.nytimes.com/2011/01/22/business/22union.html?ref=business
Questions for discussion:
- Summarize the reasons reported for union membership decline.
- Is this a good or bad development, in our opinion?
- Do you think this will have any effect on the economy such as employee incomes or corporate investment decisions?
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