March 26, 2006

Unions try to get a grip in new economy

This article by Booth Newspapers' business columnist Rick Haglund discusses UAW bargaining with the bankrupt Delphi Corp. over buyout offers to Delphi 's hourly workers. The UAW last week reached a deal with General Motors Corp. and Delphi to offer buyouts covering GM's entire U.S. hourly work force and nearly 20,000 Delphi workers. GM is offering to pay workers up to $140,000 to "go away." Hal Stack, director of WSU's Labor Studies Center , calls the new balance of power between companies and workers "pretty scary." He said unions are trying to better understand issues that are important to their members in an effort to boost waning political clout.

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