Tag

Middle Class Wages

All articles tagged with #middle class wages

politicseconomy2 years ago•3 min saved

UAW Strike Puts Biden's Economic Agenda to the Test

The ongoing strike by the United Auto Workers (U.A.W.) is serving as a real-time test of President Biden's economic agenda, including his push for higher wages for the middle class, support for unions, and commitment to transitioning to an electric vehicle future. The outcome of the strike will likely highlight key aspects of Biden's policies, such as reducing income inequality and empowering employees. The strike, centered in Michigan, a crucial state for Biden's re-election, could have significant implications for his hopes of winning in 2024. However, the president has no special legal authority to intervene in the strike, and economists warn that a prolonged strike could negatively impact the American economy.

via The New York Times|

#bidens-economic-agenda #electric-vehicle-future #middle-class-wages

labor-relations2 years ago•9 min saved

UAW Leaders Prepare for Contract Talks with Defiance and Audacity

Shawn Fain, the president of the United Auto Workers (UAW), is taking a tough stance in contract negotiations with automakers, demanding a 40 percent wage increase and criticizing corporate greed. Union members will vote on whether to authorize a strike when the contract expires in September. Fain's ambitious and belligerent approach is setting a tense tone for negotiations that could have significant implications for the economy, the green-energy transition, and middle-class manufacturing wages. The labor movement has seen a surge in strikes this year, fueled by a tight labor market and rising public support for unions. Fain is also pushing for fair pay in electric vehicle and battery factories, which could complicate the Biden administration's green-energy agenda.

via The Washington Post|

#contract-negotiations #electric-vehicle-transition #labor-relations