UAW strike: Additional walkouts could possibly be introduced Friday

United Auto Workers President Shawn Fain is scheduled to announce at 10 a.m. Eastern time Friday the place the union’s members will strike subsequent, beginning at midday, if no important progress is made in negotiations with the Big Three automakers.

Nearly 13,000 UAW members have been on strike at a General Motors
GM,
-1.48%
pickup plant in Missouri, components of a Ford Motor
F,
-1.29%
plant in Michigan and a Stellantis NV
STLA,
-1.73%
Jeep plant in Ohio since final Friday.

Since the strike started, the union and the automakers have stated they’re participating in fixed talks as they attempt to attain a compromise on a brand new nationwide contract.

The union is demanding wage will increase, an finish to tiers, the restoration of pensions and cost-of-living changes and extra. Though each the union and corporations have claimed progress throughout talks, GM President Mark Reuss stated in an opinion piece within the Detroit Free Press that the UAW’s calls for are “untenable.” That’s in keeping with Ford President Jim Farley characterizing the union’s wage proposal as “unsustainable” for the corporate earlier than the strike deadline.

The UAW stated Fain will make the Friday announcement on Facebook Live, which is how he has usually up to date union members.

See: 5 issues to know in regards to the UAW strike

Source web site: www.marketwatch.com

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