Labor's Net Assets Rise by $3.5 billion in 2021 while AFL-CIO Pledges "Unparalleled Investment" in Organizing
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The Department of Labor’s data of union financial filings is now available for 2021, so I’ve updated my report on labor finances with the new data, as well as made some tweeks to the methodology. The good news from the financial analysis is that organized labor as a whole continued to grow net assets and surpluses in 2021; the bad news is that, well, unions continue to grow net assets and surpluses rather than boosting spending on organizing and strikes. Perhaps the recent announcement by the AFL-CIO that it will make an “unparalleled investment” in organizing will finally move the needle?
Labor's Net Assets Rise by $3.5 billion in 2021 while AFL-CIO Pledges "Unparalleled Investment" in Organizing
Labor's Net Assets Rise by $3.5 billion in…
Labor's Net Assets Rise by $3.5 billion in 2021 while AFL-CIO Pledges "Unparalleled Investment" in Organizing
The Department of Labor’s data of union financial filings is now available for 2021, so I’ve updated my report on labor finances with the new data, as well as made some tweeks to the methodology. The good news from the financial analysis is that organized labor as a whole continued to grow net assets and surpluses in 2021; the bad news is that, well, unions continue to grow net assets and surpluses rather than boosting spending on organizing and strikes. Perhaps the recent announcement by the AFL-CIO that it will make an “unparalleled investment” in organizing will finally move the needle?