Unionization rate dropped to new low in 2023 [View all]
Source: Axios
The share of American workers who are members of a union hit a new low in 2023 — it's now 1 in 10 — though the total number of unionized employees rose slightly.
Why it matters: Advocates say unions are a needed proponent of worker rights and compensation, while critics say unions throttle progress in the workplace.
Driving the news: 10% of the workforce was part of a union in 2023, down from 10.1% in 2022 and a high of 20.1% in 1983, the first year the Bureau of Labor Statistics reported comparable figures.
14.4 million workers were union members in 2023, up from 14.3 million in 2022 — but the percentage fell because the workforce grew at a faster rate than union membership.
Read more: https://www.axios.com/2024/01/23/unions-big-labor-uaw-teamsters-strikes
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