In 2023, the U.S. Treasury Department released a report on the benefits of unions to the U.S. Economy. Their report found that unions raise the wages of their members by 10 to 15 percent, and unions improve fringe benefits and workplace procedures such as retirement plans and workplace grievance policies.
Additionally, unionization has positive spillover effects. Union members have increased civic engagement because we are more likely to vote, donate to charity, and participate in neighborhood projects.
The study also found that unions serve to reduce wage and gender wage gaps. We encourage a fairer economy that contributes to economic growth and resilience.
Click here to see the report.