The Looming UAW Strike

The video discusses the United Auto Workers' (UAW) complaint against major US automakers, highlighting the challenges posed by a new activist UAW leader and the demands for wage increases amidst inflation. It explores the implications of work rules on productivity and the distinction between tradable and non-tradable sectors. The transition to electric vehicles is also examined, considering its impact on labor requirements.

What are the implications of raising wages in tradable sectors?

What complexities are involved in determining fair wage levels in the auto industry?

How might the shift to electric vehicles impact auto jobs?