Unions

The release of the October jobs report on Friday will give American voters and the Fed's policymakers a last look at labor market data ahead of Election Day and the Fed meeting.

The International Association of Machinists and Aerospace Workers, representing 33,000 striking machinists at Boeing, voted to reject the aerospace giant's latest contract offer, extending a strike that has halted key Boeing production lines.

Boeing CEO Kelly Ortberg said on the company's earnings call that "trust in our company has eroded" and the aerospace giant needs a culture change as well as an improved balance sheet.

Boeing and its striking union machinists have reached a tentative deal that could end the work stoppage, which analysts say has been the most costly of 2024.

Workers at seven CVS pharmacies in California are now on strike, seeking better pay and health care, as the stores remain open and staffed by managers and nonunion employees.

Production of Boeing's 767 and 777 widebody jets was halted during the strike by more than 33,000 West Coast factory workers that started on Sept. 13.

Boeing announced in a regulatory filing that it plans to raise up to $25 billion in a stock and debt offering and has entered into a $10 billion credit agreement.

Several types of Boeing aircraft’s production has been affected as over 30,000 unionized workers in the Pacific Northwest have remained on the picket lines.

Boeing announced that they will lay off 10% of its workforce in the coming months and cut its production amid an ongoing labor union strikes.

Teamsters President Sean O'Brien condemned the Democratic Party in a recent interview, saying the party "needs to look in the mirror" as it loses support from the union's members.

The International Longshoreman's Association (ILA) union secured a 62% raise for members over six years in its tentative agreement with the U.S. Maritime Alliance.

Dockworkers suspended their strike at East and Gulf Coast ports after reaching a tentative deal, though it will take some time before the supply chain normalizes after the strike.

"Shark Tank" star Kevin O'Leary argues that U.S. port automation may actually increase take-home pay for the workers who can engineer the robotic systems.