User:Becca Kona/sandbox

How has the emergence of labour unions impacted market and mixed economies?(Normal)

A labour union is an association of workers forming a legal unit or legal person hood, which is usually called a ‘bargaining unit’. This is something which is used as a bargaining and legal representative for a group of employees in all matters of laws or rights arising from the administration of a agreement. Labour unions typically fund the formal organisation, head office, and legal team functions of the labour union through regular fees or union dues. The staff of the labour union representation in the workforce consist of workplace volunteers who are appointed by members in elections.

Contents: 1: Impact on Economies

2: Structure and Politics

The coming of labour unions has helped in market and mixed economies, because it causes the companies to treat their employee's better. With labour unions, employee's can demand better workplace safety, working hours, wages etc. One of the major changes was when the labour laws made it so that companies could no longer hire children for full time jobs, or anything dangerous. However, they keep the companies from making as much money as they could, because they need to pay their employee's more.

Since labour unions were introduced, labour laws have been fromed in certain parts of the world. The Canadian labour laws state that workers have a right to form unions. The laws also set down bargaining procedures for unions and employer's, set standards for wages, work hours, workplace safety, holiday's, and so on.