7 Pro-Labor Stocks to Buy

Discussion in 'The Latest UPS Headlines' started by cheryl, Sep 10, 2018.

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  1. cheryl

    cheryl I started this. Staff Member

    7 Pro-Labor Stocks to Buy - Investor Place

    Back in June, UPS unionized workers were heading for a big strike after the company announced it wanted to make part-time employees, full time, so they could make weekend deliveries.

    What’s the big deal?

    Well, full-time employees typically earn $36-an-hour, while part-timers make considerably less at $15-an-hour. The company wanted to pay those weekend employees $15-an-hour despite working full-time hours.

    Fortunately, for UPS shareholders, the company came to a five-year agreement with the Teamsters, who represent the 250,000 (58% of the total workforce), unionized employees.
     
  2. km3

    km3 Well-Known Member

    Oh man, it's gonna be one big rude awakening when we vote this thing down. Ouch.
     
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  3. trickpony1

    trickpony1 Well-Known Member

    We did?
     
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