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America One News
5 Nov 2024
#economy
Forbes: Boeing Factory Workers Vote To Approve Latest Contract Offer And End 7-Week Strike
Boeing factory workers have voted to accept a revised contract, ending a seven-week strike. The new agreement includes a 38% wage increase over four years and $12,000 in bonuses. Workers can return to their jobs as early as Wednesday.
Union leaders hailed the contract as a significant victory, while Boeing's CEO expressed optimism about restoring the company's reputation. President Biden praised the outcome, emphasizing the importance of collective bargaining for economic growth.