Posts tagged Reason Magazine
Federal bailout gives $635 million to carpenters union pension plan
November 24, 2024 // The federal government is spending $635 million in taxpayer funds to bail out a multiemployer pension fund for a Detroit carpenters union. Pension experts warn that the bailout comes with little or no accountability and no indication that it won’t happen again. Julie Su, acting secretary of labor, announced the bailout in a video posted to her X account Oct. 18. Su credited the 2021 American Rescue Plan Act, which appropriated $86 billion for union pensions.
Surging Support For Union Work? Workers Seek Out Freelance Options More
September 7, 2022 // The same survey found a majority of non-unionized workers have no intention of joining a union, despite their alleged touted benefits. 58% of non-union respondents said they’re “not interested at all” in joining a union, compared to 11% that said they’re “extremely interested.” Moreover, the survey also found that union workers (27%) are “less engaged” in the workplace compared to their non-unionized counterparts (33%).