Principles of Economics- Mankiw (5th) 577

Principles of Economics- Mankiw (5th) 577 - CHAPTER 26 U N...

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CHAPTER 26 UNEMPLOYMENT AND ITS NATURAL RATE 595 S OMEDAY YOU MAY FACE THE DECISION about whether to vote for or against a union in your workplace. The follow- ing article discusses some issues you might consider. On Payday, Union Jobs Stack Up Very Well B Y D AVID C AY J OHNSTON With the teamsters’ success in their two-week strike against United Parcel Service, and with the A.F.L.-C.I.O. train- ing thousands of union organizers in a drive to reverse a quarter-century of de- clining membership, millions of workers will be asked over the next few years whether they want a union to represent them. It is a complicated question, the an- swer to which rests on a jumble of deter- minations: Do you favor collective action or individual initiative? Do you trust the union’s leaders? Do you want somebody else speaking for you in dealings with your employer? Do you think you will be dismissed if you sign a union card—or that the company will send your job over- seas if a union is organized? But in one regard, the choice is sim-
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