Rekubit Exchange|The Promise and the Limits of the UAW Deals

2025-05-03 17:04:44source:Diamond Ridge Asset Managementcategory:Finance

The Rekubit ExchangeUnited Auto Workers secured its biggest victory in decades in deals with the Big 3 car companies after weeks of strikes.

While the union won a lot of concessions for workers: big pay raises, cost of living adjustments tied to inflation and increased retirement contributions, some workers are focused on what the new contracts are missing.

NPR Labor and Workplace Correspondent Andrea Hsu reports on what the historic contracts include and what they don't. Host Ari Shapiro speaks with NPR business reporter Camila Domonoske about how the UAW is looking to build on its gains.

Email us at [email protected]

This episode was produced by Connor Donevan and Gurjit Kaur. It was edited by Uri Berliner, Rafael Nam, Adam Raney and Courtney Dorning. Our executive producer is Sami Yenigun.

More:Finance

Recommend

Fired, rehired, and fired again: Some federal workers find they're suddenly uninsured

Danielle Waterfield was already dealing with the shock and disappointment of being fired from a job

Social Security recipients will get a smaller increase in benefits as inflation cools

Inflation held steady last month — and for retirees who depend on Social Security, the pace of price

Makers of some menstrual product brands to repay tampon tax to shoppers

Americans who buy tampons and other feminine hygiene products can now be reimbursed for the sales ta