| SIC Codes: | 8631 |
| NAICS Codes: | 813930 |
The US labor union industry includes about 15,000 organizations; the largest unions have annual revenue between $100 million and $300 million. Major organizations include the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO); the National Education Association; the Service Employees International Union; and the National Association of Letter Carriers.
Business and job growth drive demand. The profitability of individual organizations depends on ability to grow membership. Large unions have stronger bargaining power and advantages in marketing and finance. Small unions can serve a local market or individuals in specialized industries or professions.
The majority of revenue comes from member dues, including fees from individual workers and other unions. Unions may also generate revenue from investment income. Industry sectors with strong union participation include government and education, training, library, and protective services.
Buy Now