Boeing Workers Ratify Historic Contract Ending Major Strike
Boeing workers ended a long strike by ratifying a new contract that includes a 43% pay increase and improved benefits.
Subscribe to unlock this story
We really don't like cutting you off, but you've reached your monthly limit. At just $3/month or $30/year, subscriptions are how we keep this project going. Start your free 7-day trial today!
Get StartedNo highlights available for this story.
Summary
Aircraft assembly workers at Boeing have voted to ratify a new contract, concluding the longest and costliest strike in the U.S. in over two decades. The International Association of Machinists announced that 59% of its members approved the new agreement, which stipulates a total pay increase of 43% over four years, alongside a $12,000 ratification bonus and enhancements to benefits. The strike, which lasted for seven weeks, resulted in significant losses for Boeing. Union representatives celebrated the vote as a crucial victory for workers, emphasizing the importance of organizing and collective action in improving workplace conditions and wages.
Perspectives
No center-leaning sources available for this story.