Boeing workers to vote on new proposal that could end strike

3 hours ago 11

By Leslie Josephs, CNBC

Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, a deal that could end a more than month-long strike that has hobbled the manufacturers’ production.

The ratification vote is set for Wednesday.

More from CNBC

Acting U.S. Secretary of Labor Julie Su met with both parties earlier this week. “With the help of Acting U.S. Secretary of Labor Julie Su, we have received a negotiated proposal and resolution to end the strike, and it warrants presenting to the members and is worthy of your consideration,” the International Association of Machinists and Aerospace Workers District 751 said in a statement Saturday.

The strike began Sept. 13 after more than 30,000 machinists overwhelmingly rejected a tentative agreement that included 25% wage increases over four years. Boeing later made a sweetened offer but the union blasted it saying it was not negotiated.

“We look forward to our employees voting on the negotiated proposal,” Boeing said in a statement.

This story is developing. Check back for updates.

Leslie Josephs, CNBC

By Leslie Josephs, CNBC

Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, a deal that could end a more than month-long strike that has hobbled the manufacturers’ production.

The ratification vote is set for Wednesday.

More from CNBC

Acting U.S. Secretary of Labor Julie Su met with both parties earlier this week. “With the help of Acting U.S. Secretary of Labor Julie Su, we have received a negotiated proposal and resolution to end the strike, and it warrants presenting to the members and is worthy of your consideration,” the International Association of Machinists and Aerospace Workers District 751 said in a statement Saturday.

The strike began Sept. 13 after more than 30,000 machinists overwhelmingly rejected a tentative agreement that included 25% wage increases over four years. Boeing later made a sweetened offer but the union blasted it saying it was not negotiated.

“We look forward to our employees voting on the negotiated proposal,” Boeing said in a statement.

This story is developing. Check back for updates.

Leslie Josephs, CNBC

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Bdtype.

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.bdtype.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article