The United Auto Workers have licensed a strike in the event that they don’t attain a cope with the Big Three automakers by the point their contracts expire in mid-September, the union introduced Friday.
Final votes are nonetheless being counted, however the present mixed common of votes to strike throughout the three corporations is 97%, the UAW mentioned.
“Our union’s membership is clearly fed up with living paycheck to paycheck while the corporate elite and billionaire class continue to make out like bandits,” UAW President Shawn Fain mentioned in a press release.
The union, which represents about 150,000 employees, is asking Ford Motor
F,
General Motors
GM,
and Stellantis
STLA,
to lift wages 46% over the lifetime of the contract; restore pensions and cost-of-living changes; enhance advantages for retirees; eliminate tiers; cut back the workweek from 40 hours to 32 hours; and extra.
“Inflation has been hammering us,” Fain mentioned throughout a Facebook Live on Friday. “This is our time to take back what we’re owed.”
The UAW mentioned preliminary vote totals to authorize the strike at every firm had been: 96% at General Motors, 98% at Ford and 95% at Stellantis.
The present four-year contract expires at 11:59 p.m. Eastern time on Sept. 14.
The three automakers didn’t instantly reply to a request for remark.
This story can be up to date.
Related: ‘I have a pension; they don’t’: Why United Auto Workers are preventing to finish a two-tier system for wages and advantages
Source web site: www.marketwatch.com
