More Jobs, Higher Wages
![More Jobs, Higher Wages](/blog/2024/image/Constellium-photo.png)
John Ralston went into bargaining with Transco last fall intending to negotiate one of the strongest union contracts in his three decades with the company.
Carmakers urgently wanted to get new vehicles to market. The railroads needed to get more autoracks—enclosed rail cars used to transport vehicles—into service.
And Ralston said he and his co-workers, who maintain autoracks and other rail cars at a sprawling yard in Logansport, Ind., had “more work than we could handle.”
He and other members of United Steelworkers (USW) Local 7-00007 ended up exceeding their expectations, winning wage increases of 24 percent over three and a half years along with important benefit enhancements.
It’s one more example of the significant gains that workers across the country are making as the nation continues to add jobs, invest in manufacturing and meet growing demand for products ranging from aluminum and steel to automobiles, appliances and many other kinds of goods.
“They knew they were going to have to offer a pretty substantial wage increase in order to hire more people and keep them there,” Ralston, the local’s recording secretary and a bargaining committee member, said of Transco management.
“I think they knew they were going to have to do something. They really want to add a second shift. They really want to expand our operations,” added Ralston, who repairs the air brake systems on rail cars.
The hiring buzz at Transco reflects a nationwide trend.
Employers created 15 million jobs, hundreds of thousands of them in manufacturing, over the past three and a half years. The nation added another 272,000 jobs in May alone, beating economists’ projections, and workers are benefiting with strong wage gains that outpace the cost of living.
“The American middle class is seeing their economic standing improved. The strong wages and improving living standards are the main takeaway from this very strong jobs report,” Joe Brusuelas, chief economist at the accounting firm RSM US, explained to The Washington Post.
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