992 at between 22 percent and 24 percent of the labor force. The most important union confederation, which encompasses the great majority of the nation's unions and union-like organizations, is the United Labor Federation (Central nica de Trabajadores--CUT). CUT is the heir to a line of top labor confederations that can be traced back through various reorganizations and name changes to at least 1936, and perhaps to 1917. There are numerous business and employer associations in Chile. They collectively claim to speak for about 540,000 proprietors of businesses of all sizes. The most important business organization, the Business and Production Confederation, encompasses some of the very oldest ongoing associations in Chile: the National Agricultural Association, founded in 1838, groups the most important agricultural enterprises, includes large wholesale and retail commercial enterprises; the National Association of Mining, founded in 1883, affiliates the main private mining companies; the Industrial Development Association, founded in 1883, organizes the principal manufacturing industries; the Association of Banks and Financial Institutions, founded in 1943, is the main banking-industry group; and the Chilean Construction Board, founded in 1951, organizes construction companies. Another important confederation of business groups is the Council of Production, Transport, and Commerce. In contrast to Coproco, this organization groups primarily medium-sized to small businesses, including many self-employed individuals who do not hire nonfamily members on a regular basis. Its main components are the Trade Union Confederation of Business Retailers and Small Industry of Chile, founded in 1938, and the Confederation of Truck Owners of Chile, founded in 1953. Professional societies are also well established. The largest ones, aside from the teachers' organization noted previously, are those for lawyers, physicians, and engineers. Affiliation figu...