[lbo-talk] Startling data on UAW wage concessions at GM

MICHAEL YATES mikedjyates at msn.com
Thu Jan 5 10:03:08 PST 2012


An eye-opening look at what years of concessions by the United Auto Workers have done to wage rates. Check out the two charts. There is no future for a labor movement that makes such awful bargains. and the UAW president is still talking about labor-management cooperation! In inflation-adjusted terms, new hires earned over 20% more per hour in 1961 than new hires will in 2015.

http://remappingdebate.org/​sites/all/files/​Putting%20the%20new%20GM-UAW%20​contract%20in%20historical remappingdebate.org



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