JOURNAL ARTICLE

GM Workers Vote to Ratify New Union Contract in Tight Vote.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Welch, David 3 of 3

Abstract

(Bloomberg) -- General Motors Co. workers voted to ratify the labor agreement reached with the United Auto Workers, ending a costly and drawn-out process that included a six-week strike.Almost 55% of UAW members voted in favor of the agreement, according to the union website. Despite a 25% hourly pay raise plus cost-of-living allowances through April 2028, the agreement was the subject of a close and contentious vote among workers at several large plants. GM is the first of Detroit's legacy automakers to finish voting.©2023 Bloomberg L.P.By David WelchReported by Author [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/11, pN.PAG
  • Document Type:Article
  • Subject Area:Economics
  • Publication Date:2023
  • Accession Number:173675027
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