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Some Say Union Revival Could Address Retirement Insecurity


Some Say Union Revival Could Address Retirement Insecurity
Data from the Bureau of Labor Statistics shows the U.S. now has the fifth lowest trade union density of the 36 member nations of the Organization for Economic Co-operation and Development.
Even the most cursory internet search will uncover an array of surveys and studies, conducted by all manner of stakeholders, underlining the substantial decline in U.S. union membership seen over the past several decades.  
As data from the Bureau of Labor Statistics (BLS) shows, last year, 10.8% of workers in the United States reported being a union member, compared with 20.1% in 1983. That’s up 0.5 percentage point from 2019’s numbers, but still far lower than in the past. The data shows a strong regional concentration of union membership, as well, with more than half of all U.S. union members living in either California, New York, Illinois, Pennsylvania, New ....

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The Argument to Save Pensions by Saving Unions


The Argument to Save Pensions by Saving Unions
Some sources say growing union membership to previous levels could go a long way toward solving many of the most vexing economic challenges facing Americans today, including retirement insecurity.
Reported by
Even the most cursory internet search will uncover an array of surveys and studies, conducted by all manner of stakeholders, underlining the substantial decline in U.S. union membership seen over the past several decades.  
As data from the Bureau of Labor Statistics (BLS) shows, last year, 10.8% of workers in the United States reported being a union member, compared with 20.1% in 1983. That’s up 0.5 percentage point from 2019’s numbers, but still lower than in the past. The data shows a strong regional concentration of union membership, as well, with more than half of all U.S. union members living in either California, New York, Illinois, Pennsylvania, New Jersey, Ohio or Michigan. ....

New York , United States , New Jersey , Russell Kamp , Marty Walsh , Laborer Union , Bureau Of Labor Statistics , Boston Metropolitan District Building Trades Council , Organization For Economic Cooperation , Department Of Labor , Labor Statistics , Economic Cooperation , Multiemployer Pensions Act , Emergency Pension Plan Relief , Laborer Union Local , Boston Metropolitan District Building Trades , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , ரஸ்ஸல் கம்ப் , தியாகி வால்ஷ் , தொழிலாளி தொழிற்சங்கம் , பணியகம் ஆஃப் தொழிலாளர் புள்ளிவிவரங்கள் , போஸ்டன் பெருநகர மாவட்டம் கட்டிடம் வர்த்தகம் சபை , ஆர்கநைஸேஶந் க்கு பொருளாதார ஒத்துழைப்பு , துறை ஆஃப் தொழிலாளர் ,

Norcross, House Democrats to Introduce Legislation to Protect Retirees' Pensions Amid COVID-19 Crisis


Norcross, House Democrats to Introduce Legislation to Protect Retirees’ Pensions Amid COVID-19 Crisis
January 21, 2021, 11:50 am | in
Norcross, House Democrats to Introduce Legislation to Protect Retirees’ Pensions Amid COVID-19 Crisis
WASHINGTON, DC – Today, Congressman Donald Norcross (NJ-1) will join House Committee on Education and Labor Chairman Robert C. “Bobby” Scott (VA-03), Congresswoman Haley Stevens (MI-11) and Congressman Joe Morelle (NY-25) to introduce legislation to shield workers, retirees, employers and taxpayers from the devastating consequences of the multiemployer pension crisis. The Emergency Pension Plan Relief Act of 2021 (EPPRA) would prevent the imminent collapse of failing multiemployer plans and fully protect the hard-earned retirement benefits of more than one million Americans. ....

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