What was the overall trend of U.S. union membership beginning the 1960s? What was the main reason behind that trend?
What will be an ideal response?
Since the 1960s, union membership in the United States has declined as a percentage of the labor force, reaching about 12 percent today. The absolute number of union members has also declined recently. The main reason for the decline in union membership is the decline in manufacturing employment, which has traditionally accounted for a large share of total union membership.
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The German government carries out an official foreign exchange intervention in which it uses dollars held in an American bank to buy French currency from its citizens. How is this accounted for in the balance of payments?
A) current account, French good export B) current account, German good import C) financial account, French asset export D) financial account, German asset export E) financial account, German asset import
The law that established the Federal Reserve System is the _____
a. Federal Reserve Act of 1913 b. National Banking Act of 1863 c. Banking Act of 1933 d. National Banking Act of 1813 e. Federal Reserve Act of 1963