Unions Win More Freedom to Organize

Article in today’s Wall Street Journal about Unions Won More Freedom to Organize. This is a win for labor,  and a loss for big business, however time will tell if giving more power to unions will lead to more of them organizing, and effect business growth and their hiring. Most people though are concerned about how this will affect their personal finances. If you work in a position that could be unionized, that could mean better benefits and pay, if companies can afford it. On the other hand, companies wanting to expand by adding new factories or more employees always estimate their total human resource cost, and if unions make this higher, they may look for ways to cut back now, or open expand in a country that has lower labor costs. There is always a teeter totter effect to consider, and considering a poor economy and people just want any job, now may not be the time to give unions more power.