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The major exception was the emergence of unions of public school teachers in the largest cities; they formed the American Federation of Teachers (AFT), affiliated with the AFL. In suburbs and small cities, the National Education Association (NEA) became active, but it insisted it was not a labor union but a professional organization.
Unionization has been demonstrated to be associated with greater employee retention, even when unionized employees experience greater amounts of dissatisfaction in the workplace. [11] This is associated with the fact that employees experiencing dissatisfaction will be able to voice their concerns more effectively through the use of the union.
Historically, the rapid growth of public employee unions since the 1960s has served to mask an even more dramatic decline in private-sector union membership. At the apex of union density in the 1940s, only about 9.8% of public employees were represented by unions, while 33.9% of private, non-agricultural workers had such representation.
Unfortunately, much of this silver tsunami does not have adequate retirement savings. Median retirement savings among baby boomers is only about $200,000 and for Generation X around $100,000 ...
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The state-run program, called RetireReadyNJ, would benefit 800,000 workers employed at companies that don't offer a 401(k) or other savings option.
A trade union (British English) or labor union (American English), often simply referred to as a union, is an organization of workers whose purpose is to maintain or improve the conditions of their employment, [1] such as attaining better wages and benefits, improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of ...
Union membership among workers in private industry shrank dramatically, though after 1970 there was growth in employees unions of federal, state and local governments. [156] [157] The intellectual mood in the 1970s and 1980s favored deregulation and free competition. [158]