Locator: 45536ECON.
The four demands:
1. Pay increase of 40%. Laughable.
2. Reinstating COLA. With a 40% increase in pay, COLA not needed. Ever.
3. Ending the two-tier system for pay and benefits. UAW is not serious on this one. Recent "new hires" would be geetting a 60% pay increase.
4. Job security for EV transition. Want to be able to strike when facilities shutdown or close due to the EV transition. Laughable. Open-ended "right-to-strike."
The UAW has four agenda items, but that's only to give them something to talk about. A 40% pay raise is all they really want. And that's laughable. I do think if the UAW fails to gain public support in this round of contract talks it will go back to the demand for a 40% raise in prices. "No one" in America gets a 40% pay raise -- except for CEOs. But seriously, their opening gambit: a 40% pay increase.
The goal to end the two-tier system for pay and benefits? This would give new hires a 60% pay increase. Maybe more. Fact-check me on that.
Also laughable and no longer discussed: 32-hour work week with pay for forty hours. They will still work 40+ hours and everything over 32 hours would be "overtime."
With regard to inflation and that 40% pay increase to cover future inflation:
CPI: "we're there." 3.2% UAW asking for 40% pay raise to cover future inflation. We'll talk about this later, along with three other non-starters. Link here.
Next: noon today -- strike action to be expanded.
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