What are the reasons for the recent wave of strikes in the United States??
Global Finance
2023-09-21 18:07:22
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Recently, nearly 1 of Ford, GM, and Stellantis.30,000 UAW workers join forces for sensational strike action。They made four major demands on their respective employers: a 36 per cent pay rise, improved job security, an increase in retirees' wages and a 32-hour work week, or a four-day work week.。So far, Stellantis, eager to quell the strike, has proposed a compromise that would give workers a 21 percent raise, but the UAW is not paying for the package。According to the U.S. Bureau of Labor Statistics, there have been 23 mass strikes in the U.S. since 2022, compared to an average of 16 mass strikes per year over the past decade.。There have been frequent strikes in the United States recently for two main reasons.。First, the U.S. labor market continues to be in short supply.。After the epidemic, the U.S. economy recovered rapidly and needed to recruit a large labor force in the short term, and the U.S. labor market remained in short supply in the short term, a situation that gave workers more say。When workers dominate, they put more conditions on employers to ensure that wages actually increase。Second, the continued high inflation in the United States has weakened the purchasing power of money in the hands of American workers, making them unable to feel the dividends of wage growth.。According to the statistics, while household incomes in the United States have generally picked up in 2023, since most of the union wage agreements were reached before inflation rose sharply, the real level of consumption of U.S. workers is still being shattered by the inflation shock。According to the United Auto Workers, since 2019, auto workers' wages have increased by only 6% a year, and their quality of life has been greatly reduced.。
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