collective bargaining

Boeing’s BA -0.54%decrease; red down pointing triangle unionized machinists ratified a new collective bargaining agreement Thursday, ending a nearly 15-week strike that took a toll on workers responsible for producing jet fighters.

"You should look at it in absolute numbers in terms of what they're making. They are going to get a big increase in this cycle of collective bargaining. And they deserve it."

They are expected to push for a salary cap in next year’s collective bargaining negotiations.

The union’s collective bargaining agreements with Kaiser Permanente expired Sept. 30.

Yet the New Deal stabilized the financial system, created Social Security, legalized collective bargaining and built public infrastructure, blazing the path for another capitalist boom during and after World War II.