Labor Union Influence on Inequality

Labor unions play a significant role in addressing labor market inequalities by advocating for workers' rights, better wages, and improved working conditions. They negotiate collective bargaining agreements that can elevate pay and benefits for all workers in an industry, not just union members. This helps reduce the wage gap between high and low earners. In addition, unions often promote policies that protect marginalized workers and push for fair labor standards. By strengthening workers' voices, unions contribute to a more equitable distribution of income and resources in the economy, ultimately fostering greater social and economic equality.