"The 40% raise that the UAW is asking for (and that the CEOs are saying is so unreasonable) would move workers’ wages to where they would have been had COLA been in place since 2008."

https://freethoughtblogs.com/oceanoxia/2023/09/21/united-auto-workers-outsmarted-the-bosses-amid-widespread-popular-support/

cross-posted from: https://sh.itjust.works/post/5616578

"The money is absolutely there, and anyone claiming this would bankrupt the companies is lying."

62 points · 2 comments · view on lemmy.world

2 Comments

Serinus@lemmy.ml · 5 pts · 2y (1 reply)

The range goes from about $18 an hour up to that top rate of $32, according to Marick Masters, a labor expert and business professor at Wayne State University.

So it's something like $40k/year to $56k/year. Yeah, that's 40%.

Moyer1666@lemmy.ml · 5 pts · 2y

The more you look at it the more you realize we're not asking for much when demands like these are made. It's peanuts to the rich, but they're leeches that need to steal and control everything.