So the strike at aerospace company Boeing Co. (BA) has finally come to an end. The latest offer from management was apparently good enough, and the post-mortem analysis of the strike now begins.
Analysts and media pundits say that the strike at Boeing is part of a larger “era of labor activism” that had been “long in decline at U.S workplaces.” Indeed, Boeing’s strike was just one among hundreds, as there were 470 work stoppages, either strikes or lockouts, that took place in 2023.
When asked, several unions—including the United Auto Workers and the International Association of Machinists and Aerospace Workers—noted that workers stepped in to make necessary sacrifices back during the pandemic. Those sacrifices helped keep companies afloat in an era when many of them could not operate. But now that companies are making record profits, it is time for the companies to reward workers, say the unions.
