Labor Unions

Labor Unions

Overview

The 13,200 labor unions in the US promote the interests of organized labor and union employees through collective bargaining. They rely on membership dues and investment income for revenue. Local chapters typically remit a percentage of dues to national organizations. Unions typically set aside a percentage of dues to support various funds. Most unions have a general fund to cover basic operating expenses. A strike fund assists members in the event of a strike. Other types of funds include communications, education, scholarship, and emergency operations.

Highly Regulated Operations

Labor unions are heavily regulated by numerous government organizations, including the Department of Labor (DOL) and the Federal Election Commission (FEC).

Union Membership Continues To Decline

Despite a strengthening economy, union participation continues to decline.