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Total compensation per hour for the big-three carmakers is $73.20. That’s a 52 percent differential from Toyota’s (Detroit South) $48 compensation (wages + health and retirement benefits). In fact, the oversized UAW-driven pay package for Detroit is 132 percent higher than that of the entire manufacturing sector of the U.S., which comes in at $31.59.(Via Charlie Martin.) If the Democrats in Congress really want to save the U.S. auto industry, that's not really complicated, either: A nation right-to-work law.
Trump cheered loudly at College Football National Championship in Miami,
once again collapsing another media narrative
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Remember in November when Miami for whatever reason elected a communist
Democrat mayor, and the media claimed that everyone hated
The post Trump cheered ...
3 hours ago
Look a little deeper.
ReplyDeleteNot only is hourly-comp high--but the ratio of white-collar/blue-collar in the Bigs is astronomical in comparison to any other manufacturing biz in the USA.
Maybe we only need two major automakers.
ReplyDeleteI love these Media Electoral College clowns who speak as if these bazillions of jobs will vanish in a puff, and the market won't come up with a more competitive company to fill the vacuum.