Summary
In this article, Carrell and Bales explores the impact of economic recession on global economic activities. These authors further explore different collective bargaining methods used to address conflicts between employees and employers during these unfavorable economic times. Indeed, these authors admit that the employment sector is one of the most affected industries due to the emerging economic downturn. The most prominent economic recession occurred in 2007, leaving severe impacts in public and private sectors. This unfavorable trend has forced several governmental institutions, and private entities to exchange ideas and negotiate them, to address negative challenges such as reducing tax ...