Economy

“UAW Auto Workers Give Big Thumbs-Up to New Contract!”

On October 25th, 2020, the United Auto Workers (UAW) union and the four Detroit automakers—Ford, Chrysler, GM, and FCA—unanimously ratified a new four-year contract.

The UAW hailed the deal as a victory for their members, who were able to secure job stability for themselves and their families while also pushing for health care, wages, and other benefits that will be beneficial for them now and in the years to come.

The contract addresses a variety of issues, from wages and benefits to job security and the safety of workers. The agreement guarantees that all members of the union will receive health care and pension benefits over the course of the next four years. It also includes a three percent wage increase each year that will help workers make ends meet in the near future.

The contract also takes steps to address job security by creating job protection and stability for current members of the union. This includes limiting layoffs, improving work-life balance, and providing a framework for regional hiring.

In addition to wages, the agreement also outlines a plan to reduce workplace injuries, prevent discrimination, and ensure employee feedback is taken into consideration. It also includes measures to invest in manufacturing, suppliers, and research and development.

The UAW and the automakers worked together to agree on the new contract and both sides are happy with the results. UAW president Gary Jones declared that “This agreement protects and enhances our members’ wages, benefits and work standards, while also positioning our industry for future success.”

This new four-year contract marks a major step forward for both the UAW and the Detroit automakers. As they move forward, they will continue to strive for better outcomes for their members while also maintaining a healthy and productive workplace.

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