Carlos Fernando Avenancio-Len
As U.S. autoworkers, Hollywood writers and hospital workers exercise their right to strike, our findings are especially timely and can help us understand the broader economic impact of contract negotiations and strikes, said Avenancio-Len. Whats more, our preliminary findings show a positive connection between unions and firms borrowing decisions, which bear on the economys overall financial stability. So, it is crucial that we carefully consider that relationship when discussing so-called right-to-work laws and labor policyespecially as we prepare for future economic downturns.
The research shows that labor negotiations impact much more tha…
Read the full article at: https://today.ucsd.edu/story/unions-push-companies-to-reduce-risky-debt-help-safeguard-us-workers