No, that would actually be a plus, I think.
In 20 years, there won't be a "Labor Day" Holiday, because every day, people with jobs will be, well, laboring. Probably 10 or 12 hours a day, with no overtime. no health insurance, no anything. If they are lucky they'll live in a company town... if not they probably won't have a job. Why would people take jobs like this, you ask? Simple, because those are the only jobs there are.
The unions are there to protect the workers. No unions, no protection.
And the amazing thing is, Americans are so ****ing stupid, they'll not only eat ****, they'll LIKE it and ask for more!