Financial Dictionary
Atlantic Financial
Atlantic Financial
Investment
Word
Also known a 'union', Organized Labor refers to an association of workers
united as a single, representative entity for the purpose of improving the
workers' economic status and working conditions through collective bargaining
with employers.
There are two types of organized labor: the “horizontal union where all
members share a common skill and the “vertical union which is composed of
workers from who are all in the same industry.
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