Activities of trade unions

isic code 9420 covers the activities of trade unions, which play a vital role in representing the interests of workers and promoting fair labor practices. Trade unions are organizations formed by employees to collectively negotiate with employers on issues such as wages, working conditions, and benefits. They are an essential part of the broader economy, as they help to ensure a balance of power between workers and employers, contributing to social stability and economic progress.

The main activities of trade unions involve organizing and representing workers, negotiating collective bargaining agreements, and advocating for worker rights and interests. This includes activities such as holding meetings, conducting research, and engaging in collective bargaining with employers. Trade unions also often provide training and support services to their members, as well as participate in political advocacy to influence labor laws and policies.

The primary inputs required for trade union activities are human resources, including skilled labor and administrative staff, as well as office space, equipment, and communication technologies to facilitate their operations. Trade unions also rely on membership fees and other sources of funding to finance their activities and support their members.

The main outputs of trade union activities are the collective bargaining agreements and labor policies that they negotiate with employers, which directly impact the working conditions and compensation of their members. The outputs of trade unions can also have broader economic and social implications, as they contribute to the overall balance of power between workers and employers, and influence the development of 8423 Public order and safety activities and 8430 Compulsory social security activities.