{"id":2040695,"date":"2023-09-21T20:28:02","date_gmt":"2023-09-22T00:28:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/experts-predict-uaw-strike-will-cost-150000-jobs-and-the-contract-itself\/"},"modified":"2023-09-21T20:32:20","modified_gmt":"2023-09-22T00:32:20","slug":"experts-predict-uaw-strike-will-cost-150000-jobs-and-the-contract-itself","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/experts-predict-uaw-strike-will-cost-150000-jobs-and-the-contract-itself\/","title":{"rendered":"UAW strike to result in 150k job losses and contract impact."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fexperts-predict-uaw-strike-will-cost-150000-jobs-and-the-contract-itself%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2040695&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Experts \u2063Warn of \u2064Dire Consequences if \u2064Auto Workers&#8217; Strike Continues<\/h2>\n<p>During a recent discussion at the Detroit Regional Chamber,\u200d Wayne State University business \u2062professor Marick Masters and journalist John McElroy\u2062 delivered a stark message to the United Auto Workers union. They cautioned that prolonging the ongoing strike against Detroit&#8217;s Big Three automakers &#8211; General Motors, Stellantis, and Ford &#8211; could have devastating \u200beffects on the industry.<\/p>\n<blockquote>\n<p>&#8220;A four-week strike would cost more than 150,000 jobs in Michigan. And you can double that over eight\u200d weeks,&#8221; Masters warned.<\/p>\n<\/blockquote>\n<p>The strike, which \u2062has\u200d already lasted nearly a week, has already led to temporary layoffs. Ford \u2062had to let go of 600 non-striking employees on\u2063 the first day, as the interconnected nature of the plants requires \u2064full capacity \u2063to operate. Stellantis has also furloughed 68 employees, \u200bwith plans to do the same for around 300 more.<\/p>\n<p>McElroy expressed\u200b concern over UAW President \u2062Shawn Fain&#8217;s demands, suggesting \u200cthey may be unsustainable for the union&#8217;s future.<\/p>\n<blockquote>\n<p>&#8220;If Shawn Fain wants to\u200c restore the cuts\u200b made during the Great\u200c Recession and implement a \u200c32-hour workweek &#8211; \u2064essentially\u200d a four-day workweek &#8211; this could potentially be his last contract with \u2062the Detroit Three. They might not survive beyond the next four years,&#8221;\u2062 McElroy cautioned.<\/p>\n<\/blockquote>\n<p>The last time the UAW went on strike in 2019, it cost General Motors a staggering\u2063 $3.6 billion over six weeks. This time, the union is taking on all three major automakers in Detroit.<\/p>\n<p>The UAW currently boasts a membership \u200dof 400,000 in the United States. While only a \u2062portion of its members are currently on strike, Fain has warned that more will join if their demands are not met by noon on Friday.<\/p>\n<h3>Related Articles:<\/h3>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\">Bloomberg Launches $500 Million\u200b Campaign to Phase Out Coal Plants and Block New Gas Plants<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\">Read More from The Washington Examiner<\/a><\/li>\n<\/ul>\n<p> <\/p>\n<h2> How does the strike impact the supply chain and related industries?<\/h2>\n<p><span>  \u2063E University\u2062 experts warned \u2064of the\u200b dire consequences that could arise if the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/experts-predict-uaw-strike-will-cost-150000-jobs-and-the-contract-itself\/\" title=\"UAW strike to result in 150k job losses and contract impact.\">ongoing auto workers&#8217; strike continues<\/a>. As the strike \u200denters its third week, both labor unions and automakers are feeling the\u2062 strain, but the impact\u200d is reaching far beyond just these \u200ctwo groups. The automotive industry plays a significant role in the \u200dAmerican economy, and any disruptions to this sector can have far-reaching effects.<\/p>\n<p>One of the \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sam-bankman-fried-upset-after-jail-refuses-to-accommodate-vegan-diet-adhd-meds-report\/\" title=\"Sam Bankman-Fried disappointed as jail denies vegan diet and ADHD meds, says report.\">major concerns raised<\/a> by experts is the potential for a ripple effect \u200bthroughout the supply chain. The auto industry is an intricate network of suppliers, manufacturers, and distributors, all of which depend on each \u200bother to keep production\u2064 running smoothly. With the \u200dstrike disrupting operations at major automakers, the\u200d flow of components and parts slows down\u200d or stops\u200b altogether. This not only affects the unionized workers but also the thousands of employees working for automotive \u2062suppliers and related \u2064industries.<\/p>\n<p>Furthermore, the strike&#8217;s impact extends beyond the immediate effect on workers and suppliers. The auto industry \u2062is a \u200cvital driver \u2063of economic growth and job creation. It is estimated that\u200c one in seven jobs in the United States is directly \u2064or indirectly related to the automotive sector. When production \u200bis halted or reduced, the effects reverberate throughout \u200bthe broader economy. Reduced \u2062consumer spending, loss of tax revenues, and increased unemployment could be some of the consequences if the strike\u200d continues for an extended period.<\/p>\n<p>Experts also \u200bhighlighted the importance of the automotive industry \u200bin global trade.\u200d The United \u200bStates is a major player in international \u2064car manufacturing and exports. Disruptions\u2063 in production due to the strike can lead to potential\u200d losses in export markets, affecting the overall balance of trade. This \u2064could have \u2062implications not only for the automotive industry but \u2062also \u2062for the national economy as a whole.<\/p>\n<p>In \u200baddition \u200bto these concerns, experts\u200d emphasized the \u2062urgent need \u200cfor a resolution to the\u200d strike due to the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-polls-show-rapidly-changing-landscape-in-pennsylvania-senate-race\/\" title=\"New Polls Show Rapidly Changing Landscape In Pennsylvania Senate Race\">rapidly changing landscape<\/a> of the automotive\u200d industry. As the industry undergoes a transition towards electric and autonomous vehicles, companies \u2062are heavily investing in research and development. However,\u200c prolonged strikes can hamper these efforts \u2064and slow\u2064 down\u2062 progress. With \u2062other countries and companies pushing ahead in this field, the United States risks falling \u200cbehind in \u200cthe \u2064race for technological\u2064 advancements.<\/p>\n<p>The discussion at \u2064the\u2063 Detroit Regional Chamber aimed to sound the \u200dalarm on the \u200bpotential consequences\u2063 of the ongoing\u200c auto workers&#8217; strike.\u2064 It highlighted the\u200d far-reaching implications for workers, businesses, and the overall economy. While\u2064 the strike is an essential tool for workers to negotiate\u2064 better benefits and working \u2063conditions, it is crucial to \u2063consider the wider impact.\u200b Finding \u200ca balance between the interests of\u200b labor and the sustainability of the industry is of utmost importance. The clock is ticking, \u2062and both\u2063 sides need\u200b to come\u2063 to a resolution \u2062to\u2063 prevent further damage to one of America&#8217;s\u2063 vital \u200beconomic sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>prolonged strike. Wayne State University professor Marick Masters and journalist John McElroy cautioned the United Auto Workers union about potential job losses during their discussion at the Detroit Regional Chamber. Experts in the auto industry expressed concerns that an extended strike could have dire consequences.<\/p>\n","protected":false},"author":1,"featured_media":2040696,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2040695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2040695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2040695"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2040695\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2040696"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2040695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2040695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2040695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}