In labor news, 33,000 Boeing workers on the West Coast approved a new contract, ending a strike that started over seven weeks ago. The contract will raise salaries more than 43% over the next four years and includes a ratification bonus of $12,000. Jon Holden is president of District 751 of the International Association of Machinists.
Jon Holden: “We reduced the cost of healthcare and added other important insurance programs. We secured a commitment for the next airplane program. We got commitments on jobs for our facilities and maintenance to maintain the head count. And we made many other improvements. Tonight, our membership voted to accept this contract by 59%. You know, it’s time for — it’s time for us to come together. This is a victory.”