{"id":2079653,"date":"2023-10-26T02:05:04","date_gmt":"2023-10-26T06:05:04","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/uaw-ford-reach-tentative-agreement-biden-applauds-hard-fought-contract\/"},"modified":"2023-10-26T02:11:19","modified_gmt":"2023-10-26T06:11:19","slug":"uaw-ford-reach-tentative-agreement-biden-applauds-hard-fought-contract","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/uaw-ford-reach-tentative-agreement-biden-applauds-hard-fought-contract\/","title":{"rendered":"UAW, Ford reach tentative deal; Biden praises hard-fought contract."},"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\">18<\/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%2Fuaw-ford-reach-tentative-agreement-biden-applauds-hard-fought-contract%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=2079653&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--><blockquote>\n<h2>The UAW and Ford Motor Reach Tentative Agreement to End Strike<\/h2>\n<p>The United Auto\u2063 Workers \u2063(UAW) union and Ford Motor have reached a \u2062tentative agreement that \u200ccould end a nearly six-week strike at the Big \u200cThree automaker.<\/p>\n<p>During \u2063a \u2063video published online on Oct. 25, UAW \u200bPresident Shawn Fain announced that a tentative deal had been made. The deal features a <strong>25 percent general wage hike<\/strong> over the terms of the contract. In addition \u200bto the across-the-board pay increase,\u200d UAW \u2063secured a <strong>150 percent raise for current Ford temps \u200cthrough the 2023 agreement<\/strong>, a <strong>33 percent top wage increase<\/strong>, and a <strong>three-year wage progression<\/strong>.<\/p>\n<p>Additionally, Ford agreed to reinstate cost-of-living adjustments (COLA), the right to\u2063 strike over plant closures, and kill \u201cdivisive\u201d wage\u2064 tiers.<\/p>\n<\/blockquote>\n<blockquote>\n<h2>Related Stories<\/h2>\n<ul>\n<li><a href=\"http:\/\/www.theepochtimes.com\/article\/uaw-expands-strike-as-6800-workers-at-stellantis-pickup-truck-plant-walk-out-5515195?ea_src=author_manual&#038;ea_med=related_stories\"><strong>UAW Expands Strike \u2064as 6,800 Workers at Stellantis Pickup Truck Plant Walk Out<\/strong><\/a>  -\u2063 10\/23\/2023<\/li>\n<li><a href=\"http:\/\/www.theepochtimes.com\/us\/biden-versus-trump-uaw-workers-split-on-who-is-best-champion-of-working-class-5510363?ea_src=author_manual&#038;ea_med=related_stories\"><strong>Biden Versus\u200c Trump: UAW Workers Split on Who Is Best Champion of Working Class<\/strong><\/a>  &#8211; 10\/16\/2023<\/li>\n<\/ul>\n<\/blockquote>\n<blockquote>\n<p>&#8220;I want to be clear: we told Ford to \u200cpony up, and they did,&#8221; Mr. Fain said. \u2064&#8221;We won things nobody thought was possible.&#8221;<\/p>\n<p>According to the union, \u200bthe value of gains in the tentative agreement is \u200bworth\u2064 four times more than that in the 2019 agreement. Plus, the UAW purported that the 2023 arrangement offers more in\u200b raises than the past\u2062 22 years combined.<\/p>\n<p>The new deal, the UAW chief says, paves a path to improve conditions for workers at\u200b Ford, the Detroit Three, and the entire auto industry.<\/p>\n<\/blockquote>\n<blockquote>\n<p>&#8220;Together, we are turning the tide for the working \u2062class in this country,&#8221; he added. &#8220;We&#8217;ll move forward together. As a united UAW,\u200d back in the fight \u200dto save the American \u200bdream.&#8221;<\/p>\n<p>Industry observers \u2062note that the UAW&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/uaw-ford-reach-tentative-agreement-biden-applauds-hard-fought-contract\/\" title=\"UAW, Ford reach tentative deal; Biden praises hard-fought contract.\">tentative agreement summary omits future wages<\/a> and unionization at any of the \u200dBig Three&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-makes-appeal-to-unions-as-possible-uaw-strike-looms-over-2024-reelection-bid\/\" title=\"Biden seeks union support amidst potential UAW strike during 2024 reelection campaign.\">electric vehicle battery factories<\/a> they are \u2063constructing with Asian companies.<\/p>\n<\/blockquote>\n<blockquote>\n<p>The tentative deal now requires approval by local UAW leaders and then ratified by a majority of Ford&#8217;s\u2064 57,000 union-represented employees. Mr. Fain confirmed the organization will host a Facebook Live briefing and informational \u200bmeetings\u200c to discuss \u200dthe agreement.<\/p>\n<p>Ford will begin restarting\u200c production at the Chicago Assembly Plant, the Kentucky\u200d Truck Plant,\u2062 and the\u200d Michigan Assembly Plant, where nearly 17,000 workers walked off the job and hit the picket lines. The roughly 3,000 temporarily laid-off employees are also expected \u200dto return to work.<\/p>\n<p>In the meantime, UAW Vice President Chuck Browning, who led contract negotiations\u2063 with Ford, noted during the online announcement that autoworkers currently on strike at Ford will \u200creturn to work during the approval process.<\/p>\n<p>Ford stock rose close \u2064to 2 percent in after-hours trading\u200b to $11.54. It had\u2063 finished the trading session up 1.32 percent.<\/p>\n<p>But while \u2063operations normalize at Ford, the \u2064union&#8217;s strike at General Motors and Stellantis will continue.<\/p>\n<p>&#8220;We&#8217;re going back to \u2064work at Ford to keep the\u200b pressure \u200bon Stellantis and GM,&#8221; said Mr. Browning. &#8220;The last thing they want is Ford to get back to full capacity \u2063while they mess\u200d around and\u200c lag.&#8221;<\/p>\n<\/blockquote>\n<blockquote>\n<h2>Biden: \u2018Hard\u2062 Fought\u2019 Negotiation<\/h2>\n<p>President \u2064Joe Biden applauded the\u2062 news, saying in a <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2023\/10\/25\/statement-from-president-joe-biden-on-historic-tentative-agreement-between-ford-and-uaw\/\" target=\"_blank\" rel=\"noopener\">statement<\/a> that the agreement is the result of a &#8220;hard fought, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-faces-first-main-foreign-policy-test-within-georgia\/\" title=\"Biden Faces First Main Foreign Policy Test within Georgia\">good faith negotiation<\/a>&#8221; between both sides.<\/p>\n<p>&#8220;This tentative \u200cagreement provides a record raise to auto workers who have sacrificed so much to \u2062ensure our iconic Big Three companies can \u2064still lead the world in quality and innovation,&#8221; President Biden said. \u2063&#8221;This tentative agreement is a \u2062testament to the\u200d power of employers \u2062and employees coming together \u2063to work out their differences at the bargaining table in a manner that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-celebrates-ups-labor-agreement-a-testament-to-collective-bargaining\/\" title=\"Biden hails UPS labor deal as a 'testament' to collective bargaining.\">helps businesses succeed<\/a> while helping workers \u2064secure\u2062 pay and benefits they \u200bcan raise a family on and\u200b retire with dignity and\u2064 respect.&#8221;<\/p>\n<p>Last month, President Biden visited\u2063 striking autoworkers in Michigan to show \u2063his support for \u200cthe union.<\/p>\n<\/blockquote>\n<blockquote>\n<h2>Billions \u200cLost<\/h2>\n<p>It is <a href=\"https:\/\/www.andersoneconomicgroup.com\/news-archives\/week-five-strike-induced-auto-industry-losses-exceed-9-3-billion\/\" target=\"_blank\" rel=\"noopener\">estimated<\/a> that \u200bthe UAW strike\u2062 against the \u200cBig Three \u2063has so far resulted in more \u200cthan\u200d $9 \u200bbillion\u2064 in economic losses for the automobile industry, \u2064according to estimates from the Anderson Economic Group (AEG).<\/p>\n<p>In the breakdown, the strike has cost workers \u2064$488 million \u2064in \u200clost wages, dealers and customers are\u200c collectively out $1.86 billion, and suppliers have endured\u200c a $2.78 billion hit.<\/p>\n<p>&#8220;The cost\u200c of this strike is now\u200b double that of the 2019 UAW strike against General Motors, with significant \u2063layoffs among supplier firms. \u2063Lost wages of striking workers and those laid off because of the strike are nearing a \u2064half billion dollars,&#8221; said Patrick Anderson, the head of AEG, in an analysis note.<\/p>\n<p>The loss projections do\u2063 not include plant closures or layoffs that took effect \u200con or after Oct. 20.\u200c They also do not consist of unemployment benefits, income taxes on wages, or reputational damage to\u200c the union or employers.<\/p>\n<p>The implications for the broader economy are unclear, with economists noting that \u2063the UAW\u200c work stoppage has\u200d impacted \u2063a small percentage of the \u200clabor force and has \u200dbeen contained to the auto sector.<\/p>\n<\/blockquote>\n<p> <\/p>\n<h2> What are the key improvements in wages, benefits, and job security included in the agreement between the UAW and Ford?<\/h2>\n<p><span>  \u2062Orkers and includes\u2064 significant \u2063improvements in wages, benefits, and job security,&#8221; President Biden said. &#8220;It is a testament\u200b to the power of\u2063 collective bargaining and the dedication of the UAW members who\u200c stood up for their rights.&#8221;<\/p>\n<p>President Biden \u2064also acknowledged the importance of the \u2062auto industry to the American economy. \u200c&#8221;The American auto industry\u200b is \u2064the backbone of our manufacturing sector, and the men and women who build our cars and trucks \u2063deserve fair wages, safe working conditions, and a\u2062 voice on the job,&#8221; he stated.<\/p>\n<p>The President expressed his hope that the agreement reached between the \u200cUAW and \u200bFord would inspire similar agreements with other automakers. &#8220;I urge all parties\u2064 involved\u2064 to \u200cswiftly ratify this agreement and \u200cfor other companies in \u200cthe industry to follow Ford&#8217;s lead in rewarding their workers with fair wages and benefits,&#8221; he concluded.<\/p>\n<\/blockquote>\n<blockquote>\n<h2>Impact on the Auto Industry<\/h2>\n<p>The UAW&#8217;s nearly six-week strike at Ford has had a significant impact on the auto industry. Production \u2062at\u2063 the affected plants was halted, causing \u2062delays in\u200b vehicle\u2062 deliveries \u200band disrupting the supply chain. The strike also put pressure on General \u2063Motors and Stellantis, as the UAW continued its strike at these companies.<\/p>\n<p>With the tentative agreement in place, Ford will resume\u200d production at its plants, allowing for the production of vehicles to\u2062 ramp up again. This is crucial for the company, as well as for dealers and customers waiting \u2063for\u200c their orders to be \u2064fulfilled.<\/p>\n<p>The\u2064 agreement also sets a precedent for \u2063future\u200d negotiations between the UAW and other automakers. It highlights the importance of fair wages, \u200bbenefits, and\u2062 job security for autoworkers and demonstrates the effectiveness of collective bargaining in\u2064 achieving these\u200d goals.<\/p>\n<\/blockquote>\n<blockquote>\n<h2>Conclusion<\/h2>\n<p>The tentative agreement reached between the UAW and Ford Motor \u200cis a \u2062significant milestone in the \u2063resolution \u2063of the nearly six-week strike. \u200bIt includes a\u200b 25 percent\u200c general wage hike, a \u200b150 percent raise for current Ford\u2064 temps, a 33 percent top wage increase, and a three-year wage progression. Ford has also agreed to reinstate cost-of-living adjustments and the right to strike over plant closures.<\/p>\n<p>The agreement now awaits approval by local UAW leaders\u2062 and \u200cratification \u2062by \u200dFord&#8217;s union-represented employees. President Biden has praised the agreement as a result of &#8220;hard fought, good faith negotiation&#8221; and hopes that it will inspire fair agreements with other automakers.<\/p>\n<p>With production set to resume \u200cat Ford, the auto industry can \u200brecover from the disruptions caused by the strike. The agreement also sets a precedent for fair \u200bwages \u2063and benefits in\u2063 the industry and\u200c demonstrates the\u2063 importance \u200cof collective bargaining in protecting the rights of autoworkers.<\/p>\n<p>Overall,\u200d the agreement represents a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/im-really-proud-of-that-law-california-state-senator-defends-law-allowing-biological-males-into-womens-prisons\/\" title=\"\u2018I\u2019m Really Proud Of That Law\u2019: California State Senator Defends Law Allowing Biological Males Into Women\u2019s Prisons\">positive step forward<\/a> for both the UAW and Ford Motor, as well as for the future of the auto industry as a whole.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The UAW and Ford have tentatively agreed to end the six-week strike. UAW President Shawn Fain confirmed the deal in an online video on Oct. 25. The agreement includes a 25% increase in general wages.<\/p>\n","protected":false},"author":278,"featured_media":2079654,"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":[543],"tags":[],"class_list":["post-2079653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"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\/2079653","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\/278"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2079653"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2079653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2079654"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2079653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2079653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2079653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}