@ISIDEWITHQuestionseconomy11yrs ago

Do you believe labor unions help or hurt the economy?

Trade unions in India have experienced tremendous growth in the past five years. The Indian National Trade Union Congress (INTUC), affiliated to the Congress party, has emerged as the biggest of the seven central trade unions, with a membership of 33.3 million.

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Answer Overview

Response rates from 13.6k India voters.

60%
Help
40%
Hurt
35%
Help
36%
Hurt
18%
Help, in theory but have recently become corrupt and should have their powers limited
4%
Hurt, I support some private unions but am strongly against public unions
7%
Help, but ban their ability to make political donations

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 @ISIDEWITH submitted…4mos4MO

Volkswagen Faces Explosive Strikes Over Plant Closures and Job Cuts

Tens of thousands of Volkswagen workers will participate Monday in strikes at plants across Germany, labor union IG Metall said, marking the largest walkouts at the carmaker’s domestic operations since 2018.The walkouts, which are planned to last several hours, follow weeks of collective bargaining negotiations during which VW refused to rule out mass layoffs and potential plant closures in its home market — drastic measures the company says are necessary to prop up its fortunes amid competition from China and weaker European demand.A so-called “peace obligation” between workers and the company, which prohibited industrial action, expired on Saturday, allowing strikes to take place from Sunday at virtually all of Volkswagen’s German factories.“If necessary, this will become the toughest wage dispute Volkswagen has ever seen,” IG Metall’s chief negotiator Thorsten Groeger said in a statement Sunday. “How long and intense this dispute will be is Volkswagen’s responsibility at the negotiating table.”“Volkswagen has set our collective bargaining agreements on fire, and instead of extinguishing this fire during three rounds of negotiations, the management board keeps throwing open barrels of gasoline onto it,” he added.The walkouts will be the first large-scale strikes that Volkswagen has faced since 2018, according to IG Metall, when 50,000 workers idled plants over pay. Although the work stoppages will last only a few hours, it is possible that 24-hour warning strikes could be called later this year. Indefinite strikes could also be called as a last resort, but only after members have been consulted again, IG Metall said.The strikes represent a fresh headache for Europe’s largest automaker, which saw operating profit for the first nine months of the year tumble by a fifth from the previous year, as its flagship brand struggled. Vehicle sales also slipped on particularly weak demand in China, where it is losing market share to Chinese electric vehicle brands.