After tense negotiations, UPS and the Teamsters union have ratified a new five-year labor contract, preventing what would have been the largest single employer strike in US history and providing higher wages and improved benefits for workers.
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 across industries are taking a hard stance against companies for better pay and working conditions, leading to a surge in strikes and support for organized labor, with more than 320,000 workers participating in at least 230 strikes so far in 2023, according to data from Cornell University School of Industrial and Labor Relations.
The Treasury Department has released a comprehensive report highlighting the positive role that labor unions play in addressing challenges faced by the middle class, such as stagnant wages and high housing costs, while also contributing to a more robust and resilient economy.
Unions play a crucial role in boosting pay and improving fringe benefits, reducing wage gaps, and strengthening the middle class and economy, as highlighted in a U.S. Department of the Treasury report released and supported by Vice President Kamala Harris.
More than two-thirds of Americans, including 88 percent of Americans younger than 30, support unions, according to a recent AFL-CIO poll, and there has been a surge in union strikes and support due to increased corporate greed and inequality.
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.
Despite a recent Gallup poll showing that two-thirds of Americans approve of unions, only 10% of American workers belong to a union, and the overall state of organized labor remains bleak due to labor laws favoring employers and a Supreme Court ruling that weakened unions' power, while Hollywood writers and actors are currently on strike along with hotel workers in Los Angeles.
The rate of union membership in the US has been steadily declining for decades, even as strike activity has increased, due to factors such as labor laws that make it difficult for employees to form unions, the influence of corporations in suppressing unions, and a shift in the composition of the workforce away from traditional union strongholds.
Unionization attempts in the central Midwest are increasing at a faster pace than expected, coming close to matching last year's high numbers, with high costs of living, organizing campaigns, and low unemployment rates contributing to the rise.
Labor unions across the United States, from UPS employees to United Autoworkers, are demanding better working conditions and higher wages due to increased workloads and insufficient pay, leading to an increase in strikes.
A potential worker strike by the United Auto Workers (UAW) union could pose a significant threat to the progress and profits of major automakers such as GM and Ford, potentially leading to production delays and increased costs for the companies.
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.
Workers in the United States are increasingly engaging in strikes and labor unrest, with 16 major strikes occurring in the country so far this year, the highest number since 2005, posing potential challenges for American businesses both domestically and abroad, as demonstrated by the threat of a strike at Chevron's plants in Australia.
About 146,000 U.S. auto workers are set to go on strike this week, demanding big pay raises and the restoration of previous concessions made during financial troubles, which could cause significant disruptions for auto production in the United States.
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 United Auto Workers' threat to strike against major automakers could test Joe Biden's claim of being the most pro-union president in US history and have significant economic and political implications, potentially causing car shortages and layoffs in auto-supply industries and other sectors.
The United Auto Workers union will strike against Detroit automakers if labor deals are not reached by Thursday's deadline, according to UAW President Shawn Fain.
A potential strike by the United Auto Workers could have wide-ranging economic impacts, including higher car prices and job losses at suppliers, with a prolonged strike even potentially pushing the economy toward a recession.
With labor contracts set to expire at major US automakers, targeted strikes by autoworkers could disrupt production and potentially lead to a historic strike at General Motors, Ford, and Stellantis, highlighting the future of manufacturing jobs in America while impacting the local and national economies.
The United Auto Workers union has gone on strike against General Motors, Ford, and Stellantis simultaneously, demanding increased wages, benefits, and job protections, marking the first time in its history that it has struck all three of America's unionized automakers at once.
The UAW union has launched strikes at Ford, General Motors, and Stellantis plants after failing to reach a new labor agreement, resulting in temporary layoffs and potential impacts on the economy.
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.
Autoworkers strike as United Autoworkers Union demands 36% pay increase over four years, affecting Michigan, Ohio, and Missouri; President Biden to speak on the matter later today.
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 strike presents a risk to the U.S. economy, but it also demonstrates that workers are advocating for their fair share in a strong macroeconomy, according to Council of Economic Advisers Chair Jared Bernstein.
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 United Automobile Workers' strike against Michigan automakers presents both advantages and risks for Tesla, as the electric vehicle maker can leverage the work stoppages to strengthen its lead in battery technology and software but also faces the U.A.W.'s determination to secure a victory for its members through union organizing efforts.
