Let’s consider what’s happened since the UAW and the Big 3 have settled on new contracts. Those contracts elevated wages by 27%, have cost-of-living adjustments, an eradication of tiered employment, better retirement, among other provisions.
Tag Archives: auto workers
UAW issues
How the mighty have fallen.
30 years ago, autoworkers were the highest paid folks among the rank-and file. If we used constant dollars their income today would be $ 43 an hour. Except their income is now only $ 32 an hour. That is about 30% below their peak income of 2003.