Why is Loopring up by more than 6% today?
2016 at Camp Crame in Quezon city.
Union leaders said last month they reached an agreement with the Big 3 that increases wages across a four-and-a-half year deal and provides cost of living adjustments.Autoworkers are also rejecting those the agreements because they still have an issue with the automakers two-tier wage system.
if a majority of unionized autoworkers decide to reject the Big 3s proposals.The executive board doesnt decide your vote.a labor relations expert and professor at Rutgers.
The deals also eliminate the two-tier system at a handful of Big 3 plants.Autoworkers who voted no are likely pushing for better retiree health care benefits and a defined benefits pension plan.
UAW President Shawn Fain said during a video address last week that the labor group had squeezed every penny it could out of the automakers.
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