Despite years of employer attacks, unions still have vast resources at their disposal. This moment of worker upsurge is the time to use those assets to fund aggressive organizing.
By Chris Bohner, Jacobin
Every May Day, labor unions around the world celebrate the heroism of the militant workers of 1886 who led a bloody general strike demanding the eight-hour workday. But there is also another, usually less inspiring, spring ritual of the labor movement: the parsing of union membership data and trends in the annual release by the Department of Labor. After the data release in March, almost always showing a decline in membership, the media and pundits warn that labor is facing an “existential crisis,” predicting unions will soon be irrelevant or bankrupt unless they urgently organize more workers.

This ritual has been observed at least since the early 1990s, when I first started working for the labor movement. It also happens to be, in some significant ways, wrong.
Of course, the decline of union membership is a crisis for workers who don’t have the benefit of union representation, or for union workers who’ve seen their bargaining power erode over the last several decades. And it is a crisis for democracy itself. But the decline in union membership is not necessarily a financial crisis for organized labor, and it is far from an existential crisis.
As a researcher for labor unions, I was always taught to “follow the money” when analyzing companies and industries, to look at corporate finances to understand the strategic posture of the bosses. But what if you follow the money of organized labor?
Unions are required by law to file annual financial reports with the Department of Labor, commonly known as LM-2s, providing detailed information on a wide range of union finances (although it excludes state and local unions solely representing public-sector workers). Union avoidance consultants and outfits like the Center for Union Facts love to mine the reports for anti-union propaganda. Still, the LM-2 reports provide important information for union members and prospective members on union finances.
Recent Posts
Top Pentagon Official Admits Boat Strike May Have Killed Victims of Human Trafficking
June 11, 2026
Take Action Now If this boat was running drugs, why was it loaded with so many people?By Nick Turse, The Intercept Nine months into the Trump…
The New Documentary “An Ordinary Insanity”
June 11, 2026
Take Action Now Only when such sanity becomes ordinary will we have a chance of surviving the nuclear era.By Robert Ellsberg This film presents a…
Nuclear Powers Spend Record Billions on Weapons While Hunger and Climate Needs Go Unmet
June 10, 2026
Take Action Now The United States accounted for more than half of global nuclear weapons spending in 2025 as watchdogs warn of a growing arms race,…
Daniel Ellsberg vs. “Ordinary Insanity”
June 10, 2026
Take Action Now A new documentary issues an urgent warning about our dangerous nuclear delusions.By Norman Solomon, The Nation A few days before…



