Ford's truck plant based in Kentucky may be shut down due to a strike if the United Auto Workers (UAW) demands are not met. The Kentucky facility produces Ford's biggest pickups and SUVs and is the largest facility in terms of revenue generation and employee headcount.
Tag: wages
GM and the UAW Come to Tentative Agreement (Micro News for October 28, 2023 – November 3, 2023)
The United Auto Workers (UAW) union and General Motors (GM) tentatively agreed on terms to end the strike after the UAW expanded the strike to a plant in Texas. The strike at the Texas plant alone is estimated to cost GM $130 million per week. To date, the total costs to GM of the UAW strike are over $800 million.
UPS Workers Approve Massive New Labor Deal with Big Raises (Micro News for August 26, 2023 – September 1, 2023)
Package delivery firm UPS and the International Brotherhood of Teamsters finalized a five-year labor agreement when over 86% of the union members voted to approve of the deal. The UPS workers will receive large pay increases and various other benefits focused on improving working conditions and scheduling.
Doordash, Grubhub and Uber Sue New York City Over Minimum Wage Law (Micro News for July 15, 2023 – July 21, 2023)
New York City announced that it was mandating an increase in pay for food app delivery workers that went into effect on July 12, 2023. The new law increased the delivery workers' pay to $17.96 an hour effective on that date. Their hourly wage would move up to almost $20 an hour effective April 2025. A New York City official stated the law was designed to "support delivery workers."
Pearson Economic News 