While “everyone knows” that manufacturing employment has fallen over the past generation, that decrease has occurred almost entirely in unionized firms. In 1977, non-union manufacturers employed 12.5 million workers; in 2012, they employ ... 12.5 million workers.(full story at nationalreview.com)
Unionized manufacturing employment dropped 80 percent over that same period. The de-industrialization of America is really a de-unionization.
WaPo doesn’t explore why this is happening, but academic researchers have.
One major factor: Unionized companies invest 15 to 25 percent less in capital and R&D than comparable non-union firms. Less investment makes businesses less competitive, so they create fewer jobs.
Unionized firms invest less for two reasons.
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