Posts tagged job laws
Opinion: Union Victories First, Job Losses Later
August 6, 2024 // But the UAW conveniently ignores its contribution to the job losses. The union halted work for a month at Deere in 2021, and the company acquiesced to a blockbuster contract. Employees received a 20% raise over five years, plus an $8,500 bonus and annual adjustments for cost of living. The strike paid off for union workers in the short term, but the increase in labor costs made layoffs more likely if harder times struck. You won’t hear about this latest turn from President Biden, who sent his agriculture secretary to the picket line to cheer on strikers in 2021. Mr. Biden calls himself the most pro-union President in history, and he happily claims credit for union wins.