Membership decline rates refer to the percentage decrease in union membership over a specified period. This metric is crucial for understanding the overall health and influence of labor unions, as it reflects both external factors, like economic changes and workforce dynamics, as well as internal factors, such as union effectiveness and worker satisfaction. Tracking these rates helps in analyzing trends that can impact collective bargaining power and the ability to advocate for workers' rights.
congrats on reading the definition of membership decline rates. now let's actually learn it.