Unionized Boeing workers could strike tonight
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 12 September 2024
⏱️ 9 minutes
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Summary
Boeing and the union representing 33,000 of its workers reached a tentative labor deal over the weekend. Now, the rank and file appear ready to reject that deal, with a vote today. Many workers have been expressing frustration this week over the contract’s terms and could vote to go on strike at midnight. Also on the program: A look at women’s long-fought battle to carve out a seat for themselves on Wall Street.
Transcript
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| 0:00.0 | Unionized Boeing workers could strike tonight. |
| 0:04.0 | For marketplace in Los Angeles, I'm Nova Safo in for David Brancaccio. |
| 0:08.0 | Boeing and the union representing 33,000 of its workers reached a tentative labor deal over the weekend, now the |
| 0:14.6 | rank and file appear ready to reject that deal. |
| 0:18.1 | The vote is today, and many workers have been expressing frustration this week over the contract's terms. |
| 0:24.2 | They could also vote to go on strike at midnight. |
| 0:27.3 | Marketplace's Henry Epp is here with more. |
| 0:29.1 | Good morning. |
| 0:30.1 | Hey, Nova, good morning. |
| 0:31.6 | This contract would boost Boeing Machinist's wages |
| 0:33.9 | by 25% over the next four years. |
| 0:36.8 | The company would also contribute more |
| 0:38.5 | to workers 401k plans, |
| 0:40.4 | and they would commit to building their next new airplane in the Puget Sound region |
| 0:44.4 | where these workers are based. Union negotiators called this the best agreement they've |
| 0:48.8 | reached in their history, but many in the rank and file are not happy with it. |
| 0:52.8 | Some have been using their breaks to march through Boeing factories this week. |
| 0:56.3 | They're calling for a strike. |
| 0:57.8 | Workers were pushing for a 40% pay boost and they wanted to get |
| 1:02.0 | traditional pension plans again which they lost |
| 1:04.3 | about a decade ago. The union's leader has said he thinks workers may very well |
| 1:08.5 | reject the deal today. And if that happens Henry, presumably that would be quite costly for Boeing. |
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