Kojo QuarteyThe Monroe NewsThe United Auto Workers members have gone on strike. Essentially, the UAW workers, based on economic strike theory, believe that if the CEO receives a 40% raise, there is sufficient surplus to also to give them a similar increase. Let’s take a look at this particular UAW strike. The last auto workers strike was in 2019, when 50,000 GM workers walked off the job for six weeks. Michigan faces the greatest economic impact, as all of these companies are headquartered here.

Source: CNN September 21, 2023 07:32 UTC