U.S. union workers are finding more solid footing during contract negotiations with employers as a tight labor market allows employees to flex more bargaining power.
WHY ARE U.S. UNIONS GROWING IN POWER?
Union workers are having a moment due to declining unemployment rates and a lack of skilled workforce, prompting companies to dish out better pay packages and benefits to prevent employees from leaving for greener pastures. Companies in many industries are finding employees downright impossible to replace, particularly with the jobless rate just off 50-year lows.
Employees have been emboldened by a series of related events: soaring company profits, a renewed respect for essential workers and rekindled political will in Washington for labor unions.The United Auto Workers' national contracts with Detroit automakers Stellantis NV
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