Brief Excerpt from Industry Overview Chapter:
Establishments in this industry represent members in employment contract negotiations and provide workplace support. Major organizations in the US include the National Education Association; the Service Employees International Union; the International Brotherhood of Teamsters; and the American Federation of State, County and Municipal Employees (all based in the US). Outside the US, major organizations include the All-China Federation of Trade Unions (ACFTU), the Congress of South African Trade Unions (COSATU) and France's General Confederation of Labor (CGT).
Business and job growth drive demand. The profitability of individual organizations depends on ability to expand membership. Large unions have stronger bargaining power and advantages in marketing and finance. Small unions can succeed by serving a local market or individuals in specialized industries or professions.
PRODUCTS, OPERATIONS & TECHNOLOGY
The majority of revenue comes from member dues, including fees from individual workers and other unions. Unions may also generate revenue from collective bargaining agreements, government contracts and grants for job training programs. Some unions may enjoy investment income. Industry sectors with strong union participation include government and education, training, library, and protective services.
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