That only works to our advantage when competing businesses start up. Usually, a large competitor ramps up and has to hire a few people, but it's nothing compared to the number of jobs lost.
The union shut down a cinder block factory my brother worked for, and very few of those people got jobs with competitors. The consumer paid more though, so in the end, I have to wonder what the real reason was for the union strike.
That only works to our advantage when competing businesses start up. Usually, a large competitor ramps up and has to hire a few people, but it's nothing compared to the number of jobs lost.
The union shut down a cinder block factory my brother worked for, and very few of those people got jobs with competitors. The consumer paid more though, so in the end, I have to wonder what the real reason was for the union strike.