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August 25, 2023

150,000 Autoworkers Edge Near Strike as Workers Demand Wage Increases on Par with CEOs
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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 14. This could be the largest strike of
U.S. auto industry workers in at least half a century.


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