September 26, 2007

UAW Ends Strike

Posted in Labor, Strikes, Unions at 6:07 am by davidprudente

As follow up from Monday’s news item, The UAW came to terms with General Motors today. Over the next several months look for the UAW to talk with Ford and Chrysler to try and reach similar contract agreements. The Good news is that this short strike will not have a significant impact on the economy.

For further reading, click here.

September 24, 2007

United Auto Workers Strike!

Posted in Basic Economic Concepts, Labor, Strikes, Unions at 7:50 pm by davidprudente

UAW Stikes!


Today, the United Auto Workers decided to Strike. “73,000 workers at 80 GM plants across the nation walked off the job.”

Questions of the day: How would a large strike like this affect a nations PPC? How might this strike affect the local economies around those 80 factories? How might this strike affect the U.S. economy? And finally, why would workers/unions want to strike in the first place?

For more info, here’s a link to the Boston Globe’s article about the strike.