PCE Inflation Data from BEA (Bureau of Economic Analysis) shows the trend is still going up (based on the yearly basis). Regardless what the FED has said about inflation. Inflation at personal level is going up, it has affected people's lives. No wonder a lot of workers on strike to demand higher wages.
On October 25, a tentative agreement was reached between the UAW and Ford; it includes an 11% wage increase in the first year, and total 25% increase in wages over the 4.5 year contract, a $5,000 ratification bonus and a cost-of-living adjustment. When including cost-of-living adjustments, total pay could be raised by 30%
CNN - Published 10:33 AM EDT, Mon September 2, 2024; Hotel union workers are now on strike across 25 US cities. More than 10,200 hotel workers at dozens of hotels stretching from Boston to the West Coast to Hawaii went on strike early Sunday morning.
August 29, 20244:45 PM CDTUpdated 4 days ago
Aug 29 (Reuters) - The story on Amazon workers joining the Teamsters' strikes against unfair labor practices in the U.S. has been withdrawn after the Teamsters officially clarified that workers from other facilities are not on strike.
In September 2023, California's AB 1228 was amended to strengthen AB 257’s Fast Food Council and secured a $20/hour statewide raise for more than half a million California cooks and cashiers.
Canadian railroad workers union mounts legal challenge to arbitrator’s back-to-work order
On October 25, a tentative agreement was reached between the UAW and Ford; it includes an 11% wage increase in the first year, and total 25% increase in wages over the 4.5 year contract, a $5,000 ratification bonus and a cost-of-living adjustment. When including cost-of-living adjustments, total pay could be raised by 30%
CNN - Published 10:33 AM EDT, Mon September 2, 2024; Hotel union workers are now on strike across 25 US cities. More than 10,200 hotel workers at dozens of hotels stretching from Boston to the West Coast to Hawaii went on strike early Sunday morning.
August 29, 20244:45 PM CDTUpdated 4 days ago
Aug 29 (Reuters) - The story on Amazon workers joining the Teamsters' strikes against unfair labor practices in the U.S. has been withdrawn after the Teamsters officially clarified that workers from other facilities are not on strike.
In September 2023, California's AB 1228 was amended to strengthen AB 257’s Fast Food Council and secured a $20/hour statewide raise for more than half a million California cooks and cashiers.
Canadian railroad workers union mounts legal challenge to arbitrator’s back-to-work order
glasses to do that.
