Headline RoundupSeptember 13th, 2024

30,000 Boeing Workers Go On Strike; First Since 2008

Summary from the AllSides News Team

Members of the International Association of Machinists and Aerospace Workers rejected a deal between Boeing and the union on Thursday, and 96% voted in favor of a strike.

The Deal: The offer would have increased wages by 25%, reduced employee contribution to health care costs, and ensured that Boeing's next plane model would be constructed at union plants in Washington state. Employees said they wanted a larger pay increase and did not want their annual bonus program cut. Early Friday, the company said it would return to the bargaining table. 

The Effect: Boeing's stock has fallen near a two-year low. In 2008, its stock fell until a deal was reached. The strike could lower U.S. GDP growth, as Boeing is the nation's largest exporter. It could also cause serious issues for the nearly 10,000 Boeing suppliers across the country. The strike will cost Boeing an estimated $1.5 billion every 30 days and halt production of its 737 Max jet. 

How the Media Covered It: Sources on the left were more likely to include the 96% who voted in favor of a strike in the headline, emphasizing the unanimity of the decision. Outlets on the right were more likely to mention in their headlines that the workers rejected a 25% pay increase. 

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