December 4, 2008

YOU MEAN THE UNICORN RIDER CAN'T STOP GLOBALIZATION?

Unions' euphoria gives way to worry (Michael Kranish, December 4, 2008, Boston Globe)

After spending more than $300 million and providing thousands of foot soldiers to help elect Barack Obama, labor unions looked forward to good economic times, a warm relationship with a president for the first time in eight years, and quick passage of legislation designed to boost membership.

But the financial crisis has jolted unions, weakening their position at the bargaining table and prompting calls to delay the pro-union legislation.

Yesterday, the United Auto Workers union announced it would consider making new concessions in its labor contracts, a move that could lead to similar demands on other unions.

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Posted by Orrin Judd at December 4, 2008 7:03 PM
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