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United Auto Workers union and Ford reach tentative labor agreement

today 10/26/2023
Factory workers and members of the UAW union are protesting outside the Ford Motor Co. Kentucky Truck Plant in Louisville, Kentucky. Ford and the UAW union have reached a preliminary labor agreement, which is a significant step towards ending the union's ongoing strike against three major US automakers. UAW president Shawn Fain expressed satisfaction with the union's efforts and stated that Ford knew the consequences if a deal wasn't reached. Ford has released a statement expressing their contentment with the tentative agreement and their focus on restarting their plants and bringing back their employees. However, the agreement will only come into effect after it is ratified by the 57,000 UAW members at Ford, a process that will likely take more than a week. Nevertheless, the 16,600 UAW members currently on strike will be returning to work soon, even before the ratification process is completed. UAW Vice President Chuck Browning mentioned that the decision to return to work is a strategic move to maintain pressure on other automakers. The details of the return-to-work timeline were not provided. The agreement includes an immediate 11% pay increase for UAW members, as well as pay increases of 25% over the next four-and-a-half years until the contract expires in early 2028. It also reintroduces a cost-of-living adjustment to protect workers from inflation. The combination of the cost-of-living adjustment and guaranteed pay increases is expected to result in pay raises of 30% or more during the contract's duration. The strike, which began on September 15, is the first simultaneous strike by the UAW against all three major US automakers. However, the strikes have not completely halted operations at the automakers, but rather targeted specific plants. Currently, there are 16,600 UAW members on strike at three Ford assembly plants, including the Kentucky Truck Plant. This is an ongoing story and will be updated.
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