So far, the UAW stoppage has impacted just a small portion of the workforce with limited implications for the broader economy.
So far, the United Auto Workers stoppage has impacted just a small portion of the workforce with limited implications for the broader economy.
Potential pay raises have raised the specter that inflation, which has abated recently from 40-year highs, could be stickier as unions fight for higher ground.Janet Yellen on the auto strikes: We want to see the two sides come to a win-win agreement "The immediate impact of the auto workers strike will be limited, but that will change if the strike broadens and is prolonged," Ian Shepherdson, chief economist at Pantheon Macroeconomics, said in a client note Monday.
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Bernie Sanders praises UAW workers striking against 'corporate greed,' endorses 4-day workweekSen. Bernie Sanders endorsed a four-day workweek and urged UAW union members to continue their strike against 'corporate greed' in the automobile industry.
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Sen. Bernie Sanders torches automaker CEOs at UAW strike rally: 'Time to end your greed'At a Detroit rally for striking UAW employees, Senator Bernie Sanders cheered on striking auto workers and condemned 'their greed' Friday.
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The divide defining our moment: rank and file vs. leadersAnd more on the ongoing UAW strike.
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UAW President Shawn Fain says 'progress is slow' between union and three automakersThe United Auto Workers President Shawn Fain said that 'progress is slow' between the UAW and the Detroit Three automakers as the third day of one of the largest strikes in decades continues.
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Union says UAW and automakers' talks are 'slow' as Biden aides prepare to visitThe United Auto Workers and automakers resumed negotiations this weekend. But UAW president Shawn Fain described progress as 'slow.'
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