Contract negotiations between the United Auto Workers and Detroit automakers typically go down to the wire. But this go-round, chances of a walkout at General Motors are viewed as running about even. “There is with little question a higher probability than in recent years of a strike, which is positively not saying there will be a strike,” Harley Shaiken, a labor relations professor at the University of California at Berkeley, told CBS MoneyWatch. GM and the UAW’s current four-year labor agreement expires Saturday at midnight. “At that time we will have a statement whether there is a proposed tentative agreement, an extension or a strike. But for now they are still negotiating,” a UAW spokesperson told CBS MoneyWatch by email. A GM spokesperson said talks with the labor group are “progressing.”When negotiations between the UAW and GM started in July, the sides were far apart on issues including wages and job security, Shaiken said. “There’s an unusually restive membership, and UAW leaders now don’t just have to negotiate a contract, they have to get it ratified.” The UAW said earlier this month that more than 96% of GM workers had voted to authorize a strike. Stagnant wagesAverage hourly wages in the U.S. auto industry… Read full this story
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