304 Special Topic 10/Do Labor Unions Increase the Wages of Workers?
2. Since the late 1970s, union-nonunion private-sector wage differential has been in
the 20 percent and 28 percent range.
B. Profits and Employment
1. If unions increase the wages of unionized firms above the competitive market
V. Impact of Unions on the Wages of All Workers
A.
1. Unions increase the wages of their members but not for all workers.
OBJECTIVES
In this application, we analyze the way in which unions affect wages, employment, and working
conditions. Unions can increase the earnings of their members in three basic ways: (a) by restricting
the supply of competitive resources, including nonunion labor; (b) by increasing the demand for
union labor, most notably by applying political pressure; and (c) through bargaining power and the
threat of a strike. Each of these three methods is reviewed in the text.
IMPORTANT POINTS AND TEACHING SUGGESTIONS
1. Note that union membership increased between 1930 and 1950. However, measured as a share
of the labor force, union membership peaked out in the mid-1950s. As a proportion of non-
farm employment, union membership declined from 33 percent in 1955 to 11 percent in 2012
(see Exhibit 1).
2. Point out that work stoppages are usually costly to both striking employees and to employers.
Thus, a strike (or the threat of one) does give both management and labor an incentive to reach
an agreement.
3. Exhibit 4 illustrates two general strategies utilized by unions to increase the wages of their
members. As Exhibit 4 illustrates, while supply restrictions and bargaining power may be
utilized to increase the wages of union members, both will also lead to a decline in the
employment of labor.