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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: commonone ✹✹ HONORARY
SHREWD   😊 😞
Number: of 22347 
Subject: Re: OT: UAW on strike
Date: 09/18/23 10:44 AM
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AdrianC: The automakers have said the UAW demands could hike the current mid-$60-per-hour labor cost to more than $150 an hour.

How, exactly, are automakers calculating that $60-per-hour labor cost?

CBS News: Top-tier workers -- meaning anyone who joined the company in 2007 or earlier -- make roughly $33 an hour on average, contract summaries for the Big Three show. Those hired after 2007 are part of the lower tier and earn up to $17 an hour based on a buildup of 6% annual raises under the last contract.

Washington Post: Full-time employees at the Big Three make $18 to $32 an hour, depending on seniority.

cbsnews.com - How much do uaw workers make

washingtonpost.com - Uaw strike demands negotiations
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This community has written 21,850 posts about Berkshire Hathaway. The article-length ones it recommended most:
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