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Boeing machinists end strike after approving labor contract with 38% wage increases
The vote is the third time since September that Boeing's machinists are considering a new labor deal.
Boeing machinists approved a new labor deal Monday, ending a more than seven-week strike that halted most of the aircraft production at the company that was already struggling with mounting losses. It was the machinists' third vote since September, when the 33,000 workers, mostly in the Seattle area, walked off the job after overwhelmingly rejecting a proposal promising a 25% raise, far short of the 40% the union sought. We can hold our heads high," said International Association of Machinists and Aerospace Workers District 751 President Jon Holden as he announced the results late Monday.
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