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During El Niño conditions,
NLRA
The National Labor Relations Act, a foundational U.S. law enacted in 1935 to protect the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices.
Competitive Markets
Markets characterized by numerous buyers and sellers such that no single participant has the market power to influence the prices of products or services.
Supply of Labor
The total number of potential workers available to perform work in an economy, determined by factors like demographics, labor market conditions, and immigration policies.
Unions
Organizations that represent the collective interests of workers, bargaining with employers on their behalf for better wages, working conditions, and benefits.
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