New Congressional Report Shows Unionized Workers Receive Better Pay, Benefits
Workers represented by labor unions earn 10.2% higher wages than their non-union peers, have better benefits and collectively raise wages industry-wide, according to a report released by House and Senate committees last Friday. According to the report by the joint economic committee of Congress and the House education and labor committee, unionized workers are also 18.3% more likely to receive employer-sponsored health insurance, and employers pay 77.4% more per hour worked toward the cost of health insurance for unionized workers compared with non-unionized workers. Labor unions have also contributed to narrowing racial and gender pay disparities; unionization correlates to pay premiums of 17.3% for Black workers, 23.1% for Latino workers and 14.7% for Asian workers, compared with 10.1% for white workers. Overall, female union workers receive 4.7% higher hourly wages than their non-union peers and in female dominated service industries, union workers are paid 52.1% more than non-union workers.
“Unions are the foundation of America’s middle class,” said congressman Don Beyer, chair of the Joint Economic Committee. “For too long, the wealthy have captured an increasing share of the economic pie. As this report makes clear, unions help address economic inequality and ensure workers actually see the benefits when the economy grows.” Read more here.