Ford and Autoworkers Reach Tentative Deal, Ending Strikes

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Source: Yahoo News
Ford and Autoworkers Reach Tentative Deal, Ending Strikes
Photo: Yahoo News
TL;DR Summary

The United Auto Workers (UAW) union has reached a tentative contract agreement with Ford, potentially ending the strikes against Detroit automakers. The four-year deal, which still needs approval from 57,000 union members, could set the pattern for agreements with General Motors and Stellantis. The UAW called on all workers at Ford to return to their jobs, putting pressure on the other automakers to bargain. The agreement includes a 25% general wage increase, cost of living raises, and improved benefits for temporary workers and retirees. The union will also have the right to strike over company plans to close factories. President Joe Biden praised the settlement, emphasizing the importance of unions in building the middle class.

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