CNNBy Nathaniel Meyersohn, CNNNew York (CNN) — The United Auto Workers strike isn’t happening in a vacuum. Corporate profits have soared since the pandemic, and workers want a greater piece of the profits. Approval of labor unions is also at its highest point since 1965, according to Gallup. Strikes below historical levelsBut despite the growing number of strikes, America still sees 70% fewer strikes now compared to the early 1970s, according to the Economic Policy Institute. Companies learned how to use strikes to weaken unions and they became less common.
Source: CNN September 16, 2023 17:28 UTC