Labor Unions

A labor union is as defined in the dictionary, an organization of wage earners formed for the purpose of serving the members' interests with respect to wages and working conditions. Today there are about 16 million workers in the U.S. that belong to a labor union. The pressure upon the employers to raise wages and improve working conditions in a major goal of the labor unions. Labor unions have been around for a long time. …

…or lockouts. For example: fact-finding, mediation, and arbitration. When there are labor disputes, the government might assign a “fact-finding board”. This board investigates the problem and suggests a solution. In mediation a third party is brought in to analyze the situation and offers a solution. In the arbitration method of settling labor problems a third party is brought in and the management and Union must abide by the solution as set by the third party.