19
Nov
18:05
UAW, Deere sign labour agreement, ending strike
More than 10,000 union workers at 14 John Deere facilities across the US are headed back to work after reaching a labour agreement with the heavy equipment manufacturer, ending a month-long strike.
A six-year collective bargaining agreement has been ratified by members of the United Auto Workers union. The vote tally was 61% in favor and 39% against, Kallanish notes.
In the agreement is an $8,500 signing bonus and a 20% increase in wages over the lifetime of the …
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Very good overview of the weekly steel market.
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