Biden says workers need 'a fair shot': Earnings and consumer spending in Alabama

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Americans' robust economic activity in the third quarter came despite dwindling incomes and savings amid high inflation and borrowing costs.

President Joe Biden put on a red United Auto Workers shirt on Thursday as he celebrated a labor deal that will reopen the Stellantis plant in Belvidere, Illinois, treating the factory's salvation as a vindication of his decision to stand with striking union members as they demanded higher wages.

“American workers are ready to work harder than anyone else," Biden told cheering autoworkers in a community center in the northern Illinois city."But they just need to be given a shot. A fair shot and a fair wage.”The contracts, if approved by 146,000 union members in the coming weeks, would dramatically raise pay for autoworkers. They would get pay increases and cost-of-living adjustments that would translate into a 33% wage gain.

Here are some visuals that show recent trends in workforce earnings and consumer spending in Alabama.Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | RSS Feed | Omny Studio | All Of Our Podcasts

 

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