4-23-07 - CB205 Union Impacts Wage Level o Union members...

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CB205 Union Impacts: Wage Level o Union members have 15% higher wage than non-union employees. o How could wages cause unionism but unionism not cause wages? If wages really low that leads you to join a union If your wage is higher that is the place that unions target, they do this because there is more to be divided up between the worker, the firm, and the union. We just don’t know whether it is all the union that creates the relative wage differential that union employees have. Turnovers: o Look at layoff rate and its effect on unionism. Layoffs are higher in the unionized sectors. Positive correlation between layoff rate and unionism. This is interesting because unions always guarantee job security and yet if you think that job security is a lower layoff rate then this union claim is in fact false. o What you do get in the way of employment security is rules and procedures, so you get seniority. So the senior employee is less likely to get laid off while the average employee is more likely to get laid off.
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