Biden's Commitment to Autoworkers and Labor Deals

1 min read
Source: CNBC
Biden's Commitment to Autoworkers and Labor Deals
Photo: CNBC
TL;DR Summary

President Joe Biden expressed his support for autoworkers, stating that they deserve contracts similar to those recently won by the United Auto Workers (UAW) from major automakers. These contracts include significant wage increases, cost-of-living adjustments, additional retiree contributions, and substantial investments. Biden also emphasized his commitment to prioritize the reopening of a Stellantis plant in Belvidere, Illinois, during a visit with UAW President Shawn Fain. The UAW plans to use these successful negotiations as a stepping stone to organize non-union auto plants, aiming to build on their recent strike victory and create a positive example for future organizing efforts.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

84%

63899 words

Want the full story? Read the original article

Read on CNBC