GLOBAL LABOR'S UNCERTAIN FUTURE

GEORGE S. ROUKIS

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DOI: 10.2190/3AD4-W16T-2RX4-EJYP

Abstract

This article deals with globalization and its implications for employment and unionization. It presents an overview of the major economic, demographic, and geopolitical forces affecting economic growth, cross-border capital flows, and employment. In particular, it points out that globalization has weakened unionization and collective bargaining, but also adds that democracy and free markets do not preclude workers from taking a more active role in the new market paradigm. It recommends greater cooperation and information flows among unions and workers and stronger adherence to the conventions of the International Labor Organization (ILO). The ILO estimates that one billion new jobs will be needed worldwide by 2015 to absorb new job entrants and reduce unemployment, and this will be an important challenge for global development.

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