First Research US Industry Profile

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Labor Unions
SIC Codes: 8631
NAICS Codes: 81393
Last Quarterly Update: 5/13/2019
Establishments in this industry represent members in employment contract negotiations and provide workplace support. Major organizations in the US include the National Education Association; the Service Employees International Union; the International Brotherhood of Teamsters; and the American Federation of State, County and Municipal Employees (all based in the US). Outside the US, major organizations include the All-China Federation of Trade Unions (ACFTU), the Congress of South African Trade Unions (COSATU) and France's General Confederation of Labor (CGT).
Worldwide, trade union membership is highest in Iceland, Sweden, Belgium, Italy, Ireland, Canada, and the UK, according to the Organization for Economic Co-Operation and Development.
The US labor union industry includes about 14,000 organizations made up of some 15 million members. About 11% of US workers belong to unions. The union membership rate for public-sector workers is nearly 35%, which is more than five times higher than the rate for private-sector workers.
Competitive Landscape
Business and job growth drive demand. The profitability of individual organizations depends on ability to expand membership. Large unions have stronger bargaining power and advantages in marketing and finance. Small unions can succeed by serving a local market or individuals in specialized industries or professions.
Organized labor's decline in the US over the past several decades has been driven by greater labor mobility, the flight of manufacturing jobs from the US, and Right-to-Work (RTW) and other states laws restricting the power of unions.
Products, Operations & Technology
The majority of revenue comes from member dues, including fees from individual workers and other unions. Unions may also generate revenue from collective ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
Also includes the following chapters:
Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

Historical Profiles (PDF format)

02/11/2019
11/05/2018
08/06/2018
05/07/2018
01/29/2018
10/23/2017
07/31/2017
05/01/2017
01/30/2017
10/24/2016
07/25/2016
04/25/2016
01/25/2016
10/19/2015
07/20/2015
04/20/2015
01/26/2015
10/27/2014
08/04/2014
05/12/2014
02/17/2014
11/11/2013
08/19/2013
05/27/2013
03/04/2013
11/26/2012
09/03/2012
06/18/2012
03/26/2012
12/05/2011
09/12/2011
06/13/2011
03/07/2011
11/15/2010
08/23/2010
05/17/2010
02/08/2010