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Today in Labor History

March 29, 1948
 “Battle of Wall Street,” police charge members of the United Financial Employees’ Union, striking against the New York Stock Exchange and New York Curb Exchange (now known as the American Stock Exchange). Forty-three workers are arrested in what was to be the first and only strike in the history of either exchange.  ~Labor Tribune

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Updated: Mar. 29 (06:04)

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Posted On: Nov 20, 2019
Nov. 20, 2019 | TRADE AGREEMENTS | Despite financial gains won recently by the United Auto Workers in a new contract that ended a nearly six-week-long strike against General Motors, the longest in a half-century, the deal will not rectify the major problem that has hurt American autoworkers and will continue to do so. The problem has been the longstanding lack of workers’ rights in Mexico. Wages there are roughly one-tenth of what American workers earn and the unions are often tools of the employer. This has warped the playing field and resulted in the transfer of American manufacturing jobs to south of the border. American autoworkers have been hit particularly hard. This situation can be blamed in part on a flawed 1993 North American Free Trade Agreement … New York Times
 
 
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