Labor & Economic News Blog
Wednesday, December 03, 2008
UAW to renegotiate labor terms, suspend jobs bank
UAW to renegotiate labor terms, suspend jobs bankThe United Auto Workers said Wednesday it is willing to change its contracts with U.S. automakers and accept delayed payments of billions of dollars to a union-run health care trust to do its part to help the struggling companies secure $34 billion in government loans.
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