Power at Work.

Module 3, Lesson 3.1: Basic Sources of Power in the Labor Market (Part 2)

 

In this first lesson of Module 3, Professor Ghilarducci defines power and its impact on workers, employers, and the reservation wage. In an interview with Liz Shuler, the President of the American Federation of Labor and Congress of Industrial Organization (AFL-CIO) she discsusses worker bargaining power and the role of unions.

By the end of this video (2/2), learners will be able to:

  • Describe why labor force participation depends on reservation wage.