Today’s letter of support for the Employee Free Choice Act from an international coalition of institutional investors – representing over $372 billion in assets – adds a critically important voice to the effort to rebuild our struggling economy and restore workers’ rights. This significant endorsement reflects both a commitment to protecting workers freedom of association and a duty to support policies that promote long-term financial stability.

These investors know from experience that businesses that honor strong labor standards are much more likely to benefit from higher productivity, less turnover and a better-trained workforce. They have recognized, along with many in the business community, that working people need to have the tools to increase their purchasing power and bargain for financial stability in order to get this economy growing again. Now more than ever, America’s workers are in dire need of real labor law reform that will put a stop to the employer threats, stalling tactics, intimidation and illegal firings of workers who simply want to join a union.

Contact: Alison Omens/Joshua Scannell (202) 637-5018