13. economic effects of union coursenotes

Greater total labor earnings – an additional $35.1 billion in total wage earnings.Greater average worker earnings – an additional $6.08 per week in average earnings, and.Faster job creation – 393,189 additional jobs,.Greater economic growth – an additional $115.9 billion in real economic output,.In particular, our results indicate that the decline in the union membership rate from 2004 to 2013 benefited the United States with:

As a result, the decline in union membership likely increased economic, job, and earnings growth. Indeed, we find that union membership hinders economic growth, particularly for small and medium-size businesses. We test the impact of union membership on these economic indicators overall and for a range of business establishment sizes. In particular, we estimate the impact of union membership on real economic growth, job growth, average weekly earnings growth, total wage earnings growth, and business establishment growth. economy and all of its workers? To answer this question, we analyze the economic implications of union membership across all 50 states and the District of Columbia. For more than three decades, union membership has steadily declined in the United States.

13. economic effects of union coursenotes