The Coalition of Kaiser Permanente Unions, representing over 85,000 healthcare workers, plans to vote for a strike due to concerns about unsafe staffing levels and unfair labor practices, potentially leading to the largest strike of healthcare workers in US history.
The United Auto Workers union is preparing for possible strikes at the nation’s three unionized automakers next month, as they seek to regain lost concessions and protect members during the transition to electric vehicles.
United Auto Workers members have overwhelmingly authorized a strike against General Motors, Ford Motor, and Stellantis during ongoing contract negotiations, with an average of 97% of members supporting the action, although the final votes are still being counted.
Workers at Los Angeles International Airport's shops and restaurants vote overwhelmingly to authorize a strike over Labor Day weekend, putting pressure on the tourism industry amid ongoing disputes over wages and working conditions.
The union representing actors in the US is considering a second strike against major video game companies due to disputes over wages and threats posed by artificial intelligence.
The United Auto Workers union and three Detroit automakers are facing a looming strike as contract negotiations stall, potentially impacting the U.S. economy and the companies' profits amid the shift to electric vehicles and demands for improved wages and benefits.
Labor Day marks the end of summer and highlights the recent wave of strikes and labor actions occurring across various industries as workers demand better pay and working conditions amidst challenges like AI and climate change.
US unions have experienced a surge in strikes over the past year, with major victories and defeats, as workers leverage low unemployment and a favorable public opinion toward unions to demand better pay, benefits, and working conditions.
Summary:
The U.S. workforce on Labor Day 2023 is characterized by low unemployment rates, increasing labor market participation by women, low unemployment rates among all tracked races and ethnicities, the rising influence of artificial intelligence in the workplace, declining union membership, an increase in workers going on strike, and the prevalence of remote work arrangements.
Trade unions in the US are experiencing a resurgence, with an increase in strikes and rising public support, and this is now extending to American firms abroad, as workers at Chevron plants in Australia consider going on strike.
Approximately 146,000 U.S. auto workers are poised to go on strike if General Motors, Ford, and Stellantis fail to meet their demands for substantial pay raises and restored benefits, potentially causing significant disruptions in auto production and impacting the U.S. economy.
Many on Wall Street believe that potential strikes by United Auto Workers against Detroit automakers are manageable and may even present investment opportunities, with some estimating that the companies can handle work stoppages and expected labor cost increases.
The president of the United Auto Workers union, Shawn Fain, who has only been in office for six months, could lead strikes by 145,000 members of his union at General Motors, Ford, and Stellantis starting this Friday, potentially impacting the American economy and the 2024 presidential election.
The United Auto Workers union plans to implement targeted strikes at certain plants if tentative contracts are not reached with General Motors, Ford Motor, and Stellantis, potentially affecting local contract issues and involving work stoppages only at specific plants.
Around 1,100 United Auto Workers-represented Blue Cross Blue Shield of Michigan employees went on strike due to failed contract negotiations, citing issues such as job outsourcing, unfair labor practices, and wage disparity.
Nearly 64,000 Kaiser Permanente health care workers in California, Oregon, and Washington have authorized a strike if no new contract is reached by the end of September, making it potentially the largest ever health care worker strike in the US.
Auto workers have initiated a series of strikes after failing to reach an agreement with the three largest US manufacturers over a new contract, marking a major industrial labor action and targeting all three Detroit carmakers simultaneously.
Strikes by United Auto Workers union at three major car manufacturing companies could potentially slow down the U.S. economy but are unlikely to trigger a recession, as global markets face industrial actions amid inflation and cost of living crisis.
The strike by United Auto Workers against the Big 3 carmakers has sparked concern among stock-market investors over the impact on the economy, supply chains, and corporate profits.
More than 12,000 workers at the Big Three automakers are on strike in Michigan, Ohio, and Missouri due to inadequate wages and benefits, demanding higher pay and an end to the tiered employment system.
The United Auto Workers' strike may bruise the US economy, but it is unlikely to push the nation into a recession as the impact depends on various factors such as the duration of the strike, layoffs at other plants, and negotiation time between unions and companies. Estimates suggest that a 10-day strike could cost the economy $5 billion, while an eight-week strike could result in a $9.1 billion hit to incomes nationwide. The strike could lead to revenue loss for businesses near strike sites and potential layoffs for workers at affected auto plants and parts suppliers, ultimately impacting tax revenue and potentially leading to higher car prices. However, the overall impact is not expected to be as devastating as the Covid pandemic or previous chip shortages in the auto industry.
The growing number of strikes in the United States reflects a generational change in the labor movement that is driven by stagnant wages for lower and middle-income workers, rising income inequality, and a strong labor market, providing workers with more leverage in negotiations.
The United Auto Workers' targeted strikes have a limited current impact on the U.S. economy, but the possibility of a full walkout could have significant economic costs for auto giants Ford, General Motors, and Stellantis.
The ongoing United Auto Workers strike against the Big Three automakers could result in gains for Tesla and foreign automakers as Ford, GM, and Stellantis face challenges in transitioning to electric vehicles and potentially raising prices, according to Wedbush analysts.
The number of workers going on strike in 2023 has increased significantly compared to previous years, with rising income inequality being a major factor driving this trend.
