What are "labor unions"?

Labor unions are organizations formed by workers to collectively negotiate with employers regarding their working conditions, wages, benefits, and other employment-related matters. The primary purpose of a labor union is to represent the interests of its members and ensure that their rights and needs are addressed in the workplace. Workers join these unions to gain strength in numbers, allowing them to advocate more effectively for fair treatment and improved working conditions.

This collective bargaining process is essential in many industries, providing workers with a platform to negotiate directly with management for better terms of employment. Union representatives often engage in discussions and contracts on behalf of the workers, aiming to secure agreements that are more favorable than what individuals might achieve alone.

The other options present different types of organizations and functions that do not align with the primary purpose of labor unions. For instance, organizations that promote entrepreneurship focus more on supporting new business ventures rather than workforce representation, and those that regulate corporate compliance are concerned with adherence to laws and regulations but do not engage in direct negotiation for workers' rights. Organizations dedicated to employee training programs aim to enhance skills but do not fulfill the role of bargaining or representing workers in discussions with employers.