Tag: economy

Statement from UAW President Ray Curry: “Fight Inflation by Stopping Price Gouging, Not Blaming Wages”

Every time we go to the gas station or supermarket, we are reminded that prices are on the rise as inflation takes a bigger chunk out of our paychecks.  The inflation rates are the highest they have been since the early 1980s. Inflation is not only a problem in our country as prices are rising all around the globe. The U.S. inflation rate has almost quadrupled over the past two years, but in many countries, it has risen even faster.  Per Pew Research Center reports, “annual U.S. inflation in the first quarter of this year averaged just below 8.0% — the 13th-highest rate among the ... Read more

Statement of UAW President Rory L. Gamble on the President’s Jobs and Infrastructure Bill

President Biden’s economic development and infrastructure package announced today will not only help our economy now, but for decades to come. President Biden has been a champion of American workers and we believe this initiative furthers his worker first agenda.  It builds on the American Rescue Plan’s critical health and economic support for the millions of Americans and businesses who have been suffering because of the year-long pandemic. The UAW believes President Biden’s policies will restore fairness in our economy while promoting domestic manufacturing and quality union jobs today and in the future. It will aid the Administration’s efforts to improve ... Read more

Bloomberg: Biggest Electric Bus Deal in U.S. Approved in Maryland

A school system outside Washington is poised to become the nation’s biggest operator of electric school buses. The Board of Education in Maryland’s Montgomery County voted unanimously on Tuesday evening to approve a 16-year, $169 million contract to lease 326 buses, part of a plan that could result in the county replacing its entire 1,422-bus fleet over the next two decades. Read more on Bloomberg.com >>>     Photo by MarcelX42 – 2018 Thomas Saf-T-Liner C2 Jouley (prototype all-electric bus) via CC BY-SA 4.0

Statement of UAW President Rory L. Gamble on Meeting with President-Elect Joe Biden, Vice President-Elect Kamala Harris about the Economy

DETROIT – UAW President Rory L. Gamble met remotely with leaders from other unions, businesses and President-Elect Biden and Vice President-Elect Harris earlier today. He issued the following statement: “I want to thank President-Elect Biden and Vice President-Elect Harris for convening this important meeting today. Our nation and economy are at a crucial point right now given the rise in COVID-19 cases. Today’s discussion among labor and business leaders was a productive and honest discussion of the challenges we all face in manufacturing and business to wrestle control of a very difficult situation for our economy. The UAW has had ... Read more

Private companies receiving taxpayer dollars must be accountable for job creation promises

Recent stories around the inequitable distribution of pandemic relief funds have left people in shock, wondering how we got to a place with such utter lack of transparency and accountability. Some headlines include multinational corporations sheepishly returning loans meant for small businesses or reports of companies scheming to absorb the stimulus money their employees received from the government by taking it out of their paychecks[1] These examples serve as a slap in the face to the thousands of struggling small businesses that have been shut out of pandemic relief thus far, and the time has come for us to have ... Read more

Will the “new” NAFTA work for US?

The UAW has one goal: support the U.S. worker in all aspects of their professions. That includes involvement in U.S. trade policy decisions where our overarching focus is creating good paying U.S. jobs —  now and in the future. Currently, more than 900,000 people work in the auto and auto-parts manufacturing sectors alone. This has a far-reaching economic impact going beyond the shop floor. The Center for Automotive Research estimates that every assembly plant job supports an additional 9 to 12 jobs in the United States. The effect continues into our communities. Automakers, suppliers, dealerships, and the local businesses that ... Read more

Tax Scam: No Impact on Business Spending

Congressional Republicans promised a huge boost in job growth and business spending as a result of the corporate tax cuts he and Congressional Republicans introduced and passed last January. By now, we had expected to see some of the promised benefits of the tax cut taking shape, like job creation, higher wages, and expanded investment in businesses. But one year after the passage of these tax cuts, more evidence appears every day contradicting these claims. A new poll by The National Association of Business Economics found that 84 percent of companies surveyed had not changed investment or hiring plans for ... Read more

Sen. Elizabeth Warren: Economy Must Work for All Americans

Photo by Jessie Jesson, UAW Local 686 At present, the stock market is doing well and has been since former President Barack Obama’s economic policies — including the rescue of the domestic auto industry — brought our nation back from the Great Recession. “But what good is that if Americans remain in low-wage jobs, can only work part-time or do not have the benefits they need for their families?” Sen. Elizabeth Warren of Massachusetts asked delegates at the 2018 UAW Community Action Program (CAP) Conference on Wednesday. She went on to say that that the policies put forth by the ... Read more

Labor Voices: Focus on Income Inequality

It’s the holidays, the time of year when most of us increase charitable giving to make sure shelter, food and gifts are given to economically struggling men, women and children. A third of annual giving occurs in the last quarter of the year and 18 percent of that total is donated in December. Labor unions and members are among the giving, sharing both time and money generously, year-round. Read more on www.detroitnews.com >>>  

Ford Invests $350 Million, Creates or Protects 800 Jobs, Adding New Fuel-Efficient Transmission to Michigan Plant

DEARBORN, Mich., May 19, 2017 – Ford is investing $350 million in its Livonia Transmission Plant, adding a new transmission to expand its lineup of fuel-efficient powertrains as part of the company’s plan to fortify its core automotive business. The company will create or retain 800 hourly jobs to support production of the new transmission. Ford expects to begin adding jobs late this year, with the majority coming next year and in 2019. Read more at media.ford.com >>>   Photo by Google Maps