Originally Posted By: GMBoy
Originally Posted By: 45ACP
And the reason is the cost of labor. $74 an hour for GM Union plant workers with seniority (slightly less for UAW/Ford)
Here goes that $74 an hour wage again. It is $28.71 for a seniority auto line worker. Slightly more for a skilled trades employee. The low seniority "tier 2" workers make under $14 and hour. True - if you add benefits costs the hourly figure it will raise it but not to $74/hr. People always use these inflated costs when discussing autoworker pay but always compare to to the base (no benefit) pay of other industries.
But, yes your overall point on cheap labor overseas is taken. Lucky though, these cheap wages are slowly increasing so it will not always be best to utilize it. Also, Ford and GM are finally bringing work back to the USA. All good with that!
My father worked in IBEW Local 3 in New York City for 25 years or so before i moved away all across the USA. Climbed all the ranks, paid all the dues (which AFAIK is where that expression came from.) A real true blue "Union man." His wages and earnings were WAAY high. Furloughs, Health insurance for his family, it was great.
I would believe the inflated number in a heartbeat. So would anyone else that knows a well-paid Union member.
So you are saying its more like $50 an hour? Much better. (sarcasm.) Also, adjust it for inflation.
Not that there is anything against higher wages, but its not everybody that gets that..........................
I also want to thank you for your agreement on the other point. I would agree with you too. I missed that at first.