Deanna Krokos is a student at Harvard Law School
UAW workers are still striking for better wages, job security, and working conditions at GM. As the 49,000 workers continue their efforts, union leadership met with GM CEO Mary Barra on Wednesday at GM’s Detroit headquarters. While the meeting did not produce an agreement, the union promises a new, comprehensive proposal soon, in response to an offer from the company on Monday. Heading toward the one-month mark, the strike is the longest by GM workers since 1970.
The Wall Street Journal reports another dip in hiring, showing some signs of trouble for the national labor market. While August reports show 7.1 million job openings, that number is down 4.4% from this time last year, following steady declines during the summer months. WSJ’s analysis shows the slowdown creeping beyond the manufacturing sector, which many economists agree has fallen into recession. The numbers show a hiring decline in the education, healthcare, and finance sectors as well. Writing about the troubling trend in the public education sector, the Economic Policy Institute points to “state austerity” after the most recent recession, and shows that there are still 60,000 fewer public education jobs than before the ’07 recession.
The Wall Street Journal published a piece this week focusing on a new trend for white-collar employers aimed at easing the American retirement crisis for younger workers. Many employers, including Abbot Laboratories and Raytheon, have begun making 401(k) contributions to employee accounts that match the worker’s student loan payment. While the 401(k) structure is easily criticized as doing too little to provide stable and secure retirements for workers, this would counter one of the fears about its insufficiency for new generations. With many students taking at least a decade to pay off educational debt, many find it impossible to make those payments while also contributing to a 401(k) during key early working years. While still exposed to unpredictable market fluctuations, studies show that 401(k) funds deposited early and not withdrawn provide the bedrock for retirement for workers without access to traditional defined-benefit pensions.
I wrote last week about the burgeoning trend of media workers unionizing, with attention to Philadelphia’s public media station WHYY. Since then, WHYY has refused to voluntarily recognize the union, which would have provided a faster and less adversarial method for the workers to organize. The Philadelphia Inquirer reports that at least 80% of the workers have indicated their approval of the union. The workers, organizing with SAG-AFTRA, have filed with the NLRB and expect a supervised, formal election in the coming weeks.
Daily News & Commentary
Start your day with our roundup of the latest labor developments. See all
June 29
In today’s News and Commentary, student-athletes file a class action suit challenging the NCAA’s new Age-Based Rule, a federal judge declines to issue a preliminary injunction against FEMA’s reduction in force but expedites proceedings, and Gavin Newsom opposes California’s proposed billionaire tax in favor of a federal approach. On Thursday, DeJuan Campbell, at basketball player […]
June 28
Philadelphia utility workers announce July 4 strike; national parks workers vote to unionize; Michigan considers “right to disconnect” bill.
June 26
Mamdani issues workplace heat protections order; Fifth Circuit denies enforcement of NLRB order against Starbucks; AFGE unlikely to secure injunction against FEMA layoffs.
June 25
NLRB orders Amazon to bargain with workers; federal judge blocks ICE agents from making arrests in courthouses.
June 24
NYC primary vies for union support; NLRB ruling tees up Cemex challenge; Sixth Circuit deals blow to NLRB policymaking.
June 23
The Supreme Court declines review of a taxpayer lawsuit against a teacher union's paid leave policy; Congressional Democrats oppose Labor Department's proposed joint employer rule.