Gallery

Monday, March 19, 2007

Union Membership Down, Real Compensation Up

From today's Washington Post, "Union membership continues to decline nationwide, with 12% percent of wage and salary workers belonging to a union in 2006, compared to 12.5% in 2005."

And how are U.S. workers getting along with declining union represtation? Very well, thank you, see the chart above. According to BLS data, real compensation (wages and fringe benefits adjusted for inflation) is at an all-time and continues to increase despite declining union membership.

By request, data sources are as follows:
BLS data for union membership 1983-2004 available here.
BLS data for union membership for 2005-2006 available here.
BLS data for real hourly compensation are available here.

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