Labor Day: Treasury Department Study Demonstrates Union Benefits for Workers and Labor Unions Approval Rating Reaches Record Levels – Retired Americans

September 01, 2023

Labor Day: Treasury Division Examine Demonstrates Union Advantages for Staff and Labor Unions Approval Score Reaches Document Ranges

The Treasury Division has launched a brand new report demonstrating that unions are important for employee safety and preventing revenue inequality. The report exhibits that union staff earn 20% extra on common than non-union staff.

Along with boosting wages, unions make workplaces safer and enhance entry to retirement plans. 93% of union staff in personal industries have entry to a retirement plan, whereas solely 66% of non-union staff have entry to a retirement plan.

Additionally this week, AFL-CIO President Liz Shuler and Secretary-Treasurer Fred Redmond delivered an inaugural State of the Unions handle the place they launched new polling. The ballot underscores the American folks’s help of unions—particularly that of younger staff—and their view of unions as vital to rising the center class and offering alternatives for working folks to thrive.

The ballot discovered that 7 in 10 People (71%) help unions reducing throughout celebration traces. A majority of Republicans and greater than two-thirds of Independents be part of 9 in 10 (91%) Democrats in supporting unions. As well as, an unprecedented variety of younger People help unions. Almost 9 in 10 (88%) folks beneath 30 view unions favorably, a report excessive.

“The concept of a union might sound difficult, however in actuality, unions are only a group of individuals coming collectively. They’re about every of us changing into probably the most highly effective model of ourselves that we presumably can,” mentioned Shuler. “That’s all a union is. It’s that straightforward.”

“The employees of right now are the retirees of tomorrow,” mentioned Alliance Secretary-Treasurer Joseph Peters, Jr. “Staff in a union not solely earn extra, they’re extra prone to have a safe retirement. As we take the time to have fun this weekend, we should additionally keep in mind that the battle for staff’ rights continues, and that unions are one of the best ways to safe and protect these rights.”