DETROIT (LNS)—Workers in the automobile industry—described by The New York Times as “among the cream of the nation’s industrial workers”—are feeling the squeeze of rising prices and falling real wages.
Although pay raises have been won regularly from the big automobile giants, the increase in the cost of living has kept real wages down.
Many auto workers have big families, and take-home pay of about $100.
Meanwhile, the auto companies have continued to develop sophisticated ways of increasing profits made on the labor of the auto workers, utilizing speed-ups and reductions in available ability of overtime work.