Most economists believe that labour unions significantly increase the overall unemployment rate in Canada.

Question

Quizplus · Accepted Answer

This statement is not supported by current economic research. While there may be some short-term effects on specific industries or regions, overall the impact of unions on unemployment is not significant. In fact, some studies suggest that unions can have a positive effect on employment by improving working conditions and wages, leading to increased purchasing power and economic growth.

Most Economists Believe That Labour Unions Significantly Increase the Overall