Progress in the GM, UAW Strike

The United Auto Workers strike has now been going on for over 30 days as tensions have continued to rise. Earlier today, we finally received some good news as the two sides reached a tentative agreement regarding the path to full-time employment status. GM has provided a pathway that gives temporary workers the opportunity to become a full-time employee after three consecutive years of work at the firm. Most temporary workers reportedly only make about $15 to $19 per hour and have limited to no access to any benefits.

This agreement will be retroactively enacted to apply to all current workers who have been with the company for three or more consecutive years. This change will reportedly help over 4,000 workers. This tentative agreement sparks great optimism after weeks of UAW members going on strike in solidarity. The news has bumped General Motor’s stock up 1.3% today and it could continue to rise as the agreement becomes finalized.

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