Labor unions are vigorously advocating for improved wages and working hours, and achieving success

Labor unions are vigorously advocating for improved wages and working hours, and achieving success


Members of the ⁤United Auto Workers union hold a rally and ‍practice picket near ⁢a Stellantis plant ‍in⁤ Detroit, Aug. 23,​ 2023.

Michael Wayland / CNBC

From writers’ rooms to car factories, workers are pressing companies for‍ higher⁣ pay and better quality⁢ of life. Many are willing ⁢to walk off‌ the job to get there, and ‍some are winning.

Emboldened in the wake of⁣ shifting job security and⁢ grueling conditions⁤ during the Covid-19 pandemic, skyrocketing company profits, inflation, a decades-high ⁢approval ⁢rating for labor unions and ⁢growing disparity ​between worker pay and ‌executive compensation, more workers across industries have taken a hard stance against companies for dramatic improvements in ‍compensation and⁢ working conditions.

Some, like UPS’ workers’ union, are nailing ‌down‍ record labor deals ‍following threats of striking. Others have gone on ⁤strike to force the issue. Workers ⁢at key Boeing supplier Spirit AeroSystems in June approved a deal with the company after a brief work…

2023-08-27 ‍06:00:01
Link from www.cnbc.com
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