Close Menu
    What's Hot

    Bitcoin Back at $117K After Rate Cut – Are the Buying Floodgates Opening as Bitcoin Hyper ICO Tops $16.5M?

    September 18, 2025

    Nvidia’s massive investment creates ‘game changer’ moment for Intel: Wedbush (INTC:NASDAQ)

    September 18, 2025

    New Social App Corner Wants to Take on Google Maps With AI and Events

    September 18, 2025
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Economy»Factbox-From Detroit Three to healthcare, US labor unions flex muscle By Reuters
    Economy

    Factbox-From Detroit Three to healthcare, US labor unions flex muscle By Reuters

    Press RoomBy Press RoomNovember 18, 2023No Comments5 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Factbox-From Detroit Three to healthcare, US labor unions flex muscle
    © Reuters. FILE PHOTO: Teamster member Sergio Martinez yells out during a rally outside a UPS facility in downtown in Los Angeles, California, U.S. July 19, 2023. REUTERS/Mike Blake

    By Mrinalika Roy

    (Reuters) -A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits, triggering strikes and protests across industries.

    Nearly 444,900 workers have been involved in work stoppages and strikes through October this year, according to preliminary data from the U.S. Bureau of Labor Statistics, putting 2023 on track to becoming the busiest year for strikes since 2018.

    Here are some sectors and companies that faced tough negotiations in 2023:

    MEDIA

    Members of the Writers Guild of America (WGA) approved a new three-year contract with major studios on Oct. 9. Film and television writers had walked off the job in May over compensation, staffing and residual payments, among other issues. They returned to work on Sept. 27 after negotiators reached a tentative agreement.

    Hollywood actors reached a tentative agreement with major studios on Nov. 8 to resolve the second of two strikes that rocked the entertainment industry as writers and performers demanded higher pay in the streaming TV era.

    Valued at more than $1 billion, the three-year contract includes increases in minimum salaries and a new bonus paid by streaming services, the union said.

    AUTOMOTIVE

    General Motors (NYSE:), Ford (NYSE:) and Chrysler-owner Stellantis (NYSE:) ratified deals with United Auto Workers (UAW) members in November.

    The UAW said on Nov. 15 that about 3,900 of its members working at Mack Trucks ratified a new five-year contract, ending a month-long strike at the Volvo (OTC:) Group-owned company.

    PARCEL DELIVERY

    Teamsters union workers at United Parcel Service (NYSE:) ratified a new five-year contract in August, a deal that raises pay, eliminates a two-tier wage system for drivers, provides another paid holiday and ends forced overtime.

    FedEx (NYSE:) pilots have been involved in a standoff with the parcel delivery firm over wages and legacy pensions. Pilots rejected a tentative deal in July and negotiations are ongoing.

    AIRLINES & AEROSPACE FIRMS

    Pilots at several airlines including American Airlines (NASDAQ:), Delta Air Lines (NYSE:), United Airlines Holdings (NASDAQ:), Spirit Airlines (NYSE:) and Jetblue Airways negotiated new job contracts this year.

    Members of some unions like the Southwest Airlines (NYSE:) Pilots Association have voted to authorize a strike if a new contract is not reached.

    Spirit AeroSystems (NYSE:) negotiated a new contract to end a strike that led to a week-long work stoppage at its plant in Wichita, Kansas.

    MANUFACTURING

    U.S. steel producer Cleveland-Cliffs (NYSE:) has reached a tentative agreement with the United Steelworkers union on a new three-year labor agreement for its Northshore mining operations.

    U.S. Steel, which is reviewing multiple proposals ranging from partial acquisition to an entire buyout, is embroiled in a tussle with the United Steelworkers union. The company’s unionized workers say they essentially have the power to veto any transaction they do not approve of.

    CONSUMER & RETAIL

    In Las Vegas, thousands of workers reached agreements with casino operators and resorts Caesars (NASDAQ:) Entertainment, MGM Resorts (NYSE:) and Wynn Resorts (NASDAQ:) in November to avoid strikes that could have crippled tourism in the city.

    The Detroit Casino Council reached a tentative agreement for a new contract covering 3,700 workers at MGM Grand Detroit operated by MGM Resorts, Hollywood Casino at Greektown operated by Penn and MotorCity Casino on Nov. 17.

    The Detroit Casino Council had called the first strike in its history last month after negotiations that had begun in the summer did not yield a new contract.

    More than 3,000 workers at more than 150 Starbucks (NASDAQ:) stores in the U.S. held strikes in June, following claims the company had banned Pride Month decorations at some of its cafes.

    Workers at hundreds of Starbucks stores walked off their jobs during a key promotional event on Nov. 16, demanding improved staffing and schedules.

    Thousands of Los Angeles-area hotel staffers went on a three-day strike in July over improved wages, benefits and working conditions. Union leaders representing the workers have threatened further walkouts.

    HEALTHCARE

    Kaiser Permanente’s healthcare workers voted to ratify a new contract with the hospital chain on Nov. 9, ending a months-long negotiation that resulted in the largest recorded strike in the U.S. medical sector.

    More than 7,000 nurses went on a three-day strike in New York City over staffing levels and pay hikes in January.

    Workers at CVS Health (NYSE:) and Walgreens Boots Alliance (NASDAQ:) announced a three-day walkout from Oct. 30, dubbed “Pharmageddon”, to improve working conditions and add more staff.

    CANNABIS

    Unions representing cannabis workers have also increased pressure on companies in the sector this year.

    Workers at Green Thumb Industries (OTC:)’ Chicago-area RISE dispensaries went on a 13-day unfair labor practices (ULP) strike in April, which was the longest ULP strike at a cannabis retailer in U.S. history.

    Labor unions secured new contract agreements at multistate operator-owned cannabis dispensaries in Illinois and in New Jersey in July.

    ENERGY

    Unionized workers at Phillips 66 (NYSE:)’s refinery in Roxana, Illinois, ratified a contract with the refiner in late-stage negotiations, averting a potential strike.

    The union had been in talks with the refiner since summer, when it rejected a company proposal and sought additional benefits for holiday and vacation hours and pay, among other improvements.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    They solved for the Kansas City Chiefs enforcement equilibrium

    September 5, 2025

    Sentences to ponder

    September 5, 2025

    “Existence is evidence of immortality”

    September 5, 2025
    Leave A Reply Cancel Reply

    LATEST NEWS

    Bitcoin Back at $117K After Rate Cut – Are the Buying Floodgates Opening as Bitcoin Hyper ICO Tops $16.5M?

    September 18, 2025

    Nvidia’s massive investment creates ‘game changer’ moment for Intel: Wedbush (INTC:NASDAQ)

    September 18, 2025

    New Social App Corner Wants to Take on Google Maps With AI and Events

    September 18, 2025

    Regulatory Clarity Could Drive 40% of Americans to Adopt DeFi Protocols, Survey Shows

    September 18, 2025
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2025 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.