Canadian Unions

Paper Summary:

In this paper the author reviews the current issues surrounding the Canadian job market and how the Canadian unions can help the situation and protect their workers.The paper highlights how changing corporate trends have led to downsizing and hiring of multi skilled labor where employers demand high efficiency but are willing to pay low wages for it. In conclusion the author looks at ways in which the unions can help the changing demands of the workplace and the costs associated with it.

From the Paper:

"Informing a new generation of workers about the benefits of union membership is a high priority for the labor movement. When a young person starts a new job, they handed a host of benefits and they think, 'Isn't this great.' But it wasn't always that way. Labor unions feel that actions taken by cautious regulators could blow up in their faces if they force a quick resolution to a theoretical funding shortfall in multi-employer pension funds. Union infighting could well erupt over measures needed to satisfy regulatory concerns. If younger workers refuse to make sacrifices for retirees, they could torpedo the very pension plans regulators seek to protect."

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