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The Great Recession has erased nearly two decades of the average American family’s net worth, leaving many no better off than they were in the early 1990s, says a new report by the Federal Reserve. Meanwhile CEO pay continues to reach record heights, says another report. According to the Fed’s Survey of Consumer Finances, in
Read moreAsk any member what IAM representation means to them and the answers are likely to range from contract negotiation and grievance handling to legislative activity and community service. A recent IAM video titled, ‘HAZMAT Ready’ profiles members engaged in an equally critical but often overlooked answer to that basic question. Filmed at the William W.
Read moreIn a message to IAM members employed at Hawker Beechcraft in Wichita, KS, representatives of District 70 and Local 733 provided an update on developments since the company filed for Chapter 11 bankruptcy protection on May 3. “We understand that in bankruptcy there can be periods where there is very little information, and then other
Read moreIf the Trans Pacific Partnership agreement (TPP) is signed into law at the end of this year, the rules for international trade and the global economy will change dramatically, and not for the better. Despite the potential for the TPP to negatively impact hundreds of thousands of American jobs, the negotiations to create the massive
Read moreThree months on a picket line is guaranteed to generate stories of personal sacrifice and collective solidarity about union members willing to ‘walk the walk.’ The members of Local 851 in Joliet, IL, on strike at heavy equipment maker Caterpillar, are drawing widespread attention and considerable praise for their determination and their belief that some
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