That was easy: UAW and GM agree on lower wages after six months of bargaining

Just hours after threatening to strike at one or more GM plants, the UAW and the General have agreed on two-tier wages for certain job types. The move to clarify which jobs were "non-core" at the national level came as local UAWs were threatening to strike because they felt GM was asking for too many lower-paid positions at their plants. The more regimented deal identifies 16,000 positions that will soon be paid $14 per hour, which will save GM up to a half-billion dollars per year. It will take years to fill all of those positions because GM has to entice existing workers to retire before they can be replaced.

[Source: Detroit News]