ADMS 1000 Lecture Notes - Lecture 2: Demand Curve, Payscale
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Is a composed of organizations that are owned and operated by the government: this includes federal, provincial, and municipal governments, examples are educational bodies, health care bodies, police and prison services, central government bodies and their departments. Unlike public sector unions, private sectors have only one voice. If private sector unions negotiate higher wages, that leads to higher cost which are passed on to the consumer. If public sector unions higher wages, that lead to higher taxes which are to be paid by the tax payer: private sector unionization began to decline in the 1970s. Rees model: all workers are employed at point x, which have the corresponding coordinates, (wu, L2: the numbers of working unionized workforce (wf), is l2 and both the demand curve have the same slope, from l2 to l1 workers lose their jobs. Once these people have lost their jobs, they will spill over to the non-unionized market (dn)