Chart: The declining relevance of labor unions in America

Thankfully, private sector labor unions are not as powerful as they once were just 20 years ago. Now, government labor unions are a whole other story.

Today, union membership represents just six percent of the private sector. And we’re much better off for it.

Mark Perry of the American Enterprise Institute (AEI) writes:

In today’s high-tech, service and knowledge-based global economy, collective bargaining and unions don’t make sense as they once did in the manufacturing-based economy of the 1960s. Investing in skills training and education is a far better path forward than paying union dues to be represented by outdated organizations that will become increasingly irrelevant in the workplaces of the future.

Here is the chart:

Unions are corrupt, lack understanding of basic economics and hurt the average worker.

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