Economic insecurity
The issues of economic insecurity are not addressed best by unions -- especially for professionals.
Unions simply want you to believe their greed, ineptitude, and self centeredness is morally superior to that of management. It's not. It's just their own greed, ineptitude, and and self centeredness.
It doesn't matter if a company is brought down by the pursuit of short term profits by management or the concessions wrung out by unions exploiting management's short sighted concerns by threatening job actions -- the owners lose money in the long term, and you're out of a job.
Nor is the fix for economic insecurity believing The Government will give you a blankie and tuck you in at night.
The fix is this wonderfully old fashion notion: It's called savings. Keep your debts low, your savings high...you really wouldn't worry, and if faced with a 12% pay cut you have the choice to simply tell them pound sand. If the workers by and large had that ability the company's faced with the problem of not being able to recruit replacements because of their current practices or past reputation -- and then they'll fix it.
Long as you keep spending your money as quick as you earn it, they have you by the gnads.
STOP for stop the insanity.