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TRANSCRIPT
Labor Trends By: Ruben and A.T.
Overview • Union Membership • All 9me low and decreasing • Private Sector is almost non-‐existent
• Employers now have to stay afloat in the “global economy” • Can no longer afford to pay union benefits and wages to workers
• Public Sector is also decreasing • Private Sector vs. Public Sector (DEATHMATCH)
Demographics • Men vs. Women • In total workforce
• 1983 • 5 of every 9 workers were male
• 2008 • 51.7% Men, 48.3% Women
• In Unions • 1983
• 35.4% Women • 2008
• 45.2% Women • 2030
• Majority Flip • Younger aged workers in unions • 1983
• 10.4% of union workers ages 16-‐24 • 2008
• 6% of union workers ages 16-‐24 • 2030
• Roughly 1% will be ages 16-‐24
Politics • Democrats • More suppor9ve of unions
• Bailout for GM • Auto industry=one of the biggest unions
• Republicans • Less suppor9ve of unions
• Most are employers • Can’t afford to pay union benefits
• Are both par9es possibly damaging the middle class? • Federal Government • Public Sector
Economics • Today’s economy
• Possibility of crisis las9ng another 10-‐15 years? • Job availability
• Employers choices
• Global Economy • Compe99on
• Private Sector • Huge decrease
• Problems with public sector
• Public Sector • Now star9ng to decrease
• Greedy?
Technology
• Robots • Limited need for human workers in
certain areas • As price of technology increases, budget
to spend on workers decreases • Which costs less over 9me:
• Robot or human worker? • 2030
• Most labor will be done by robots due to their ability to perform tough tasks almost effortlessly.
Aspiration Statement • Personally, I believe there needs to be middle ground when it comes to labor. I want to see unions stay intact but I also don’t think they should have as much power as they do now. I think they argue for too many benefits which has lead to a lot of their problems.