Labor unions to face takeaway contracts
Public Employees on Strike in NYC
It is having a well paid workforce that has driven the American economy since the great depression. Henry Ford doubled the wages of his factory workers because he wanted them to be able to afford the cars they built. Now, with globalization, the labor movement is challenged to react to an economic climate where even companies that desire to do good are forced to find the lowest price for production. Only by globalizing themselves will unions have a chance to respond. Meanwhile, unions in all sectors are going to be faced with take away contracts, automation, layoffs and further off-shoring of the work we do.