Expiring Labor Contracts Across Sectors Threaten Unrest in 2023

December 29, 2022, 10:05 AM UTC

At least 150 large union contracts are set to expire next year, potentially heralding more worker unrest amid soaring inflation and rising corporate profits.

The lapsing agreements represent at least 1.6 million workers, more than the population of Philadelphia. Among those are the Detroit automakers with 150,000 workers among three companies, UPS with 256,000 workers, and SAG-AFTRA performers with 160,000 workers, according to data collected by Bloomberg Law on union contracts covering more than 1,000 workers.

Those figures are based on information available in mid-December, and are likely to rise as more contract expiration notices are filed with the federal ...

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