The United Auto Workers Union reached a tentative deal with General Motors Wednesday after a month-long strike.
While details of the deal are not yet available, members of the union are expected to receive bonuses and raises as part of the deal, according to CNBC News. General Motors stock jumped 2.5% in Wednesday morning trading, the publication reported.
“The number one priority of the national negotiation team has been to secure a strong and fair contract that our members deserve,” UAW Vice President Terry Dittes, who is also the Director of the UAW GM department, said in a statement according to CNBC news.
Dittes also said he will not be discussing details until after union leaders discuss the deal in Detroit on Thursday.
Members of the United Auto Workers union demanded fair wages, job security, and affordable health care from General Motors in a strike after the UAW’s contract with GM expired Sept. 16.
Entry-level assembly workers are paid about $20 an hour, but the union members demand that number increase to $30 within the next three to four years, as opposed to eight years it usually takes for a raise.
Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org
The House of Representatives passed a war powers resolution Wednesday to rein in President Donald…
With the dust all but settling from the hard-fought redistricting war between Republicans and Democrats,…
It turns out that the most generous funder of white supremacist groups in the United…
Most teachers are concerned about their students’ education amid the looming artificial intelligence revolution, a…