Boeing machinists' bumper pay packet is just the latest win for unionized workers

"For many frontline Boeing workers in the IAM Union, the terms of this contract will be life-changing," said Gary R. Allen, general vice president of IAM Western Territory.

"Over the last four years, we've shown collective bargaining works," President Joe Biden said in a Monday statement. "Good contracts benefit workers, businesses, and consumers - and are key to growing the American economy from the middle out and the bottom up."

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