US: UAW hails President Obama initiative to raise minimum wage to $9
UAW president, Bob King, has welcomed plans by the US government to raise the federal minimum wage from US$7.25 to US$9 per hour.
US President, Barack Obama, made the minimum wage announcement during last night's (12 February) State of the Union address to Congress in Washington DC, which could see auto workers benefiting from the salary hike.
"President Obama's address outlined a comprehensive blueprint that focused on rebuilding the foundation of the American economy - working people who need good jobs to keep our economy strong," said King.
"The President's proposal to raise the federal minimum wage from US$7.25 to US$9 an hour over the next three years is an important step in helping workers, many whom have to work several part-time jobs and still can barely afford to keep a roof over their heads."
King also praised the President's US$1bn plan to create private-public sector 'manufacturing institutes' to help prepare workers for new jobs.
President Obama also called for a US$40bn investment in US infrastructure, including road and bridge improvements, and to establish an energy security trust to research cleaner fuels for vehicles.
"The UAW stands by President Obama and his initiatives to support workers, the jobs of tomorrow and the necessary steps to create a sustainable future for all Americans," said King.
"We now ask that Congress pledge to work with our President to strengthen the nation's economy."
This QUBE report from just-auto provides a comprehensive overview of the global electric motors sector, major suppliers, top 14 markets, technology trends and market size forecasts. Use this report to...
BMW said it is fully prepared to meet the Unite union in the UK to further discuss plans to change its pension arrangements for new employees....
TechNavio's analysts forecast Global Electric Vehicle Service Equipment market to grow at a CAGR of 35.27 percent over the period 2012-2016. One of the key factors contributing to this market growth i...
- Swallowing Fiat-Chrysler 'would be bad for VW'
- Audi TDI tech is 25 years of age
- VEHICLE ANALYSIS: Driving the Swedish nanny state
- THE WEEK THAT WAS: Roasting in Kia's Mojave oven
- COMMENT: Has ZF fired M&A starting gun with TRW?
- Fiat denies merger talks with VW
- Sir Nick Scheele dies
- ZF lenders OK higher TRW bid
- Nissan learns from India mistakes
- Next gen Smart fortwo and forfour shown
- Global light vehicle engine technologies market- forecasts to 2029
- New Cars: Top 5 Emerging Markets Industry Guide
- Tesla: The Californian start-up that made head way on the automotive giants
- Jaguar Land Rover: Providing remarkable growth throughout the economic downturn
- Global electrified light vehicles market- forecasts to 2018