Michigan could lose 150K jobs if UAW strike lasts 4 weeks, expert says
Michigan could lose 150K jobs if UAW strike lasts 4 weeks, expert says
Detroit Free Press
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The future of Michigan’s automotive industry could be at stake as the UAW strike against the Detroit Three auto companies approaches one week.
But a prolonged strike would have a much larger impact that goes beyond the assembly lines, for both the Michigan and U.S. economies, experts said during a roundtable discussion Thursday morning.
“A four-week strike would cost more than 150,000 jobs in Michigan. And you can double that over eight weeks,” said Marick Masters, a business professor at Wayne State University and expert on labor negotiations.
“Personal income, in a four-week strike across all three companies will go down in the United States over a billion dollars. So you’re gonna see a tremendous hit.”
Masters later told the Free Press he was citing a University of Michigan analysis that examined the potentially massive economic impact of a lengthy strike. That analysis suggested auto suppliers would try to put off jobs cuts, but would be forced to take action in the event the strike persisted b
