UAW contract talks: Union seeking 40% wage gains, sources say

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UAW President Shawn Fain, speaking to Automotive News earlier Thursday, did not specify how much the union was seeking aside from the “double-digit” figure he quoted earlier in the week, but he did say the double-digit gain would come over the course of the contract, not each year of it.

“The companies talk about being competitive all the time,” he said in an interview. When union members ask for a raise, “they want to talk about competition. When it comes to [CEOs’] pay and how…

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