NAICS 81393 - Labor Unions and Similar Labor Organizations
This industry comprises establishments primarily engaged in promoting the interests of organized labor and union employees.
Industry trends:
A qualitative trend in the NAICS 81393, Labor Unions and Similar Labor Organizations sector, is the increasing emphasis on digital transformation. With the rise of remote work, unions are leveraging digital tools to facilitate communication among members, organize virtual meetings, and streamline administrative processes. This trend is expected to continue as digitalization enhances the efficiency of union operations and member engagement.
Another trend is the growing focus on inclusivity and diversity within labor unions. Unions are advocating for policies that support marginalized groups, including women, minorities, and young workers. This is driving a more inclusive agenda aimed at addressing systemic inequalities in the workplace.
Additionally, there is an increased push for environmental sustainability initiatives. Labor unions are aligning with broader societal movements towards sustainability, advocating for green jobs, and urging employers to adopt environmentally responsible practices.
Forecasts for the near future suggest that labor unions will continue to play a critical role in navigating post-pandemic economic challenges. They are expected to advocate for better health and safety standards, job security, and fair wages in a rapidly evolving labor market. With ongoing economic uncertainties, the influence of labor unions in shaping labor policies and negotiations is likely to intensify.
This industry is comprised of:
Employees' associations for improvement of wages and working conditions
Federation of workers, labor organizations
Federations of labor
Industrial labor unions
Labor federations
Labor unions (except apprenticeship programs)
Trade unions (except apprenticeship programs)
Trade unions, local
Unions (except apprenticeship programs), labor
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.