Wednesday, April 7, 2021

Trade unions

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Trade Unions refer to employee organisations which represent groups of workers on a collective basis. Trade unions bargain collectively on behalf of their members thereby increasing the bargaining power of individual workers in wage negotiations. Important industrial unions include the Metal Workers' Union, the Transport Workers' Union, the Australian Workers' Union, the Waterside Workers' Federation and the Public Service Union. Trade unions usually have the goal of raising members' real wages and working conditions through ongoing negotiations and the use of industrial action such as strikes to support their claim for higher wages or working conditions. Trade Unions are organised along general, industrial and craft lines, but increasingly super-unions are being formed along industry and even single enterprise lines with increasing coverage and bargaining power in wage negotiations. Occupational or craft unions such as the Electrical Trades Union draw their membership from people of the same occupation or craft. Industrial unions such as the Transport Workers' Union enjoy coverage of workers in the same industry. General unions such as the Australian Workers' Union draw their membership across industries and occupations. Trade Unions can influence labour market outcomes in two main ways. Firstly, if unions can restrict the supply of labour to only unionised workers, this will cause a shift in the supply curve (SL to SL) to the left, forcing up the wage rate (OW to OW1) but reducing the quantity of labour employed to only union members. (OQ to OQ1) Trade uninons are hopeless ver shocking not that good i shiton trade unions when is there going to be 50 fucking words


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