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Organized labor will go global next week during an historic event in Las Vegas. Jesse Russell reports:

With growing pressure from multi-national companies, organized labor is finding a need to reinvent itself so it can negotiate and compete on the same global scale. Next week the first step toward that reality will happen in Las Vegas at the United Steelworkers annual convention. On July 2 the Steelworkers will sign an agreement with UK-based union Unite forming a globe spanning union that will represent more than three million workers from the U.S., Canada, Great Britain and Ireland. The name of the new global union will also be announced at the time of the signing.