Boeing West Coast factory workers will hold a vote on an improved contract offer on Monday that could end a seven-week strike and restart jet production.
Read More Boeing workers vote on wage deal that could end strikeTag: boeing
Weekly jobless claims at five-month low; consumer spending rises solidly
The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September.
Read More Weekly jobless claims at five-month low; consumer spending rises solidlyUnion’s rejection of Boeing offer threatens jobs at aerospace suppliers
Striking workers’ rejection of planemaker Boeing’s latest contract offer has created a fresh threat to operations at aerospace suppliers such as family-run Independent Forge.
Read More Union’s rejection of Boeing offer threatens jobs at aerospace suppliersUS weekly jobless claims fall; continuing claims hit highest level in three years
New applications for U.S. unemployment aid unexpectedly fell last week, but the number of people collecting benefits in mid-October was the highest in nearly three years.
Read More US weekly jobless claims fall; continuing claims hit highest level in three yearsBoeing Machinists Reject Latest Contract Proposal, Strike Continues Into 6th Week
Boeing workers voted to reject the company’s latest contract proposal on Wednesday that would’ve ended a strike that has lasted over 40 days.
Read More Boeing Machinists Reject Latest Contract Proposal, Strike Continues Into 6th WeekBoeing Reports $6B Third-Quarter Loss As Striking Workers Negotiate A New Contract
Boeing recently announced a third-quarter loss of $6 billion following some 33,000 employees going on strike, as well as quality control issues which have crippled the struggling aviation corporation.
Read More Boeing Reports $6B Third-Quarter Loss As Striking Workers Negotiate A New Contract