New York, August 25 (RHC)-- In labor news, some 150,000 auto workers could walk off the job next month as negotiations continue for new contracts with major automakers that include significant wage increases and benefits.
The United Auto Workers is bargaining for pay increases of at least 40% over the next four years, which the union says was roughly equivalent to the recent salary hikes of CEOs at General Motors, Ford and Stellantis.
Contracts are set to expire on September 14th. This could be the largest strike of U.S. auto industry workers in at least half a century.