How an Auto Workers' Strike Would Impact the US Economy | EWTN News Nightly

About this sermon

We are just a few days from a possible major strike by more than 140,000 members of the United Auto Workers Union. Negotiations are ongoing. Both sides say progress is being made. The current contract expires Thursday night. The workers are seeking around a 40% raise. It would elevate some jobs from $32 an hour to $47 an hour. A coalition of auto manufacturers is countering with a 10% hike. Associate Professor of International Business and Strategic Management at the Catholic University of America, Anthony Cannizzaro, joins to tell us more about the negotiations as the sides seem pretty far apart. Cannizzaro discusses what an auto workers strike would mean for the US economy and why this could be bad news for so many consumers. One issue that is a major point for the unions is representing workers at 10 electric vehicle battery facilities. Cannizzaro shares why this is so important to the unions and what it says about the future of how cars are made. ------------ EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join host Tracy Sabol, our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf