American Decades
Unions: The Heyday of Organized Labor
Power.
During the 1940s the power of organized labor in the United States was at its height; at no other time in American history did labor unions exercise so much power and influence. Much of this power came from labor's close relationship with the Democratic Party and the labor shortages created by World War II. During the war membership in unions expanded dramatically, aided by the National War Labor Board (NWLB). In 1941, 10.5 million workers belonged to a labor union; by 1945 the number of union members had reached 14.7 million men and women.
Manpower Shortage.
The largest labor organizations, the American Federation of Labor (AFL) and the Congress of Industrial Organizations (CIO), both agreed to a nonbinding no-strike pledge for the duration of the war, but labor leaders soon became disenchanted with the NWLB as the agency implemented wage controls as an inflation-fighting tool. Further, labor leaders...
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1940's Business and the Economy
- Overview
-
Topics in the News
- Business: Mobilization for World War II
- Defense Spending under Scrutiny: The Truman Committee
- The Economy: War Taxes and Financing
- Keynesian Economics
- The Military-Industrial Complex
- New Markets: American Business Follows the Flag
- The Plan that Marshall Built
- Supplying New Demands and Finding New Sources for Oil
- Unions: The Heyday of Organized Labor
- Headline Makers
- People in the News
- Deaths
- Publications
- Important Events in Business and the Economy, 1940–1949
