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Boeing workers in the US agreed this morning end their historic almost two-month strike, At one point, almost 60% of workers voted in favor of a new collective agreement agreed between the company and the union, which included significant wage increases.
The contract provides Increase in salaries by 38% over the next four years, as well as a $12,000 bonus to each employee for signing the text.
Average salary of Boeing employees in four years it will be $119,300, a significant increase from the current 75,600.
US President Joe Biden, in a statement released by the White House, noted that the agreement “improves workers’ ability to retire with dignity” and supports equality in the workplace.”
“It is also important to Boeing’s future as a critical part of the U.S. aerospace sector. And this was achieved with the support of my economic team,” he said.
Biden argued that his administration has shown over these four years that collective bargaining “works.” “Good contracts benefit workers, companies and consumersand they are the key to growing the American economy from the center and from the bottom up,” he concluded.
The union representing about 33,000 Boeing workers is the International Association of Machinists and Aerospace Workers.announced the results of the pact at the company’s main plantin Seattle (Washington State).
“In every negotiation and strike there is a point where we extracted everything we could and saved our jobs. We are at this point now and “We risk a regressive or lower offer in the future,” – he noted, expressing support for the approved proposal.
Two weeks ago workers knocked down the previous proposal with 64% of the votes, including a 35% raise over four years and a $7,000 bonus.
The strike began on September 13. after union members rejected an initial offer of a 25% increase.
The new agreement also includesmaternity and paternity leave, and an annual bonus for workers, but the union failed to reach an agreement to restore a pension plan that Boeing canceled in 2014.
Boeing revealed two weeks ago quarterly losses of more than $6 billion, the fruit of the 737 Max production crisis, aggravated by a strike since September.
(according to information from EFE)
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.