The overwhelming rejection of the proposed contract by Boeing's machinists highlights the growing frustration among blue-collar workers regarding wage stagnation amidst rising costs of living in the Pacific Northwest.
According to the International Association of Machinists and Aerospace Workers, 94.6% of members rejected the contract, reflecting the significant disconnect between workers' needs and the offers on the table.
As workers took to picket lines, many expressed their dissatisfaction with stagnant wages, pointing out a mere 2% increase over six years is far from sufficient given current housing prices in the region.
Boeing's CEO is now under pressure to formulate a contract that meets the financial realities of its workers, especially as the company's stock continues to decline amidst ongoing financial struggles.
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