Strikes by three major auto companies have hit the U.S. economy hard and have caused nearly $8 billion in losses.
Hawk_Finance
2023-10-18 17:50:40
3.24W
Share to:
Collect
Hot List Ranking
- Federal Reserve's September interest rate decision: cut interest rates by 25 basis points as scheduled or cut interest rates twice during the yearCristiano
- If the iPhone 17 is hard on the front, can the Xiaomi 17 fight?Wilson
- Outlook for the Federal Reserve's September interest-rate meeting: The Fed's split escalates, and the market waits for a signalEvelyn
- Doo Financial Observation| Observe the "stock god"'s thinking of reducing holdings from Buffett's clearance of BYDCristiano
- Expectations for interest rate cuts heat up, and gold approaches US$3800, hitting a record highEvelyn
The UAW strike against the three major automakers, General Motors, Ford and Strantis, has been going on for more than a month.。On October 16, local time, Ford Executive Chairman Bill Ford urged the union to reach a new labor agreement and end the strike.。He warned of the growing impact of the strike on GM and the U.S. economy.。In this strike, the workers lost 3.$5.9 billion in wages; automakers lost a total of 34.$500 million; dealers and customers lost 12.$100 million; while suppliers currently lose at least 26.700 million dollars。In addition, the strike has spread to more and more factories, and more and more auto workers who did not participate in the strike have suffered "temporary layoffs" due to factory shutdowns.。
·Original
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
Guess what you like