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Figure 29-2
Refer to the accompanying figure. The structure labeled as 4 is a:
Labor Market
The arena in which workers seek employment and employers seek workers, governed by the forces of supply and demand for labor.
National Labor Federation
An organization or association that represents multiple labor unions at a national level, coordinating actions and policies.
Union Bargaining Committees
Groups formed by labor unions that negotiate labor contracts and working conditions with employers.
Proposals
In the context of labor negotiations, proposals are offers or plans put forward by either the union or the employer as part of the bargaining process to reach a new contract agreement.
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