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The steel strike of 1959 was a 116-day labor union strike (July 15 – November 7, 1959) by members of the United Steelworkers of America (USWA) that idled the steel industry throughout the United States. The strike occurred over management's demand that the union give up a contract clause which limited management's ability to change the number ...
The United States saw significant growth in pension plans, both public and private, throughout the Progressive Era as labor sought more rights from larger, and often more industrialized employers. Private employer retirement plans also grew substantially following the passage of the Revenue Act of 1913, which implicitly granted tax exempt ...
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
The United Electrical Workers (UE), representing 30,000 GM employees, the United Steel Workers, and the rubber workers also settled for 18.5 cents, forcing the UAW to follow suit. Despite the failure of the strike, Reuther had been seen as an aggressive leader throughout and he capitalized on the image to attain the presidency of UAW.
The board, which was jointly chosen by U.S. Steel and the United Steelworkers to decide disputes between them, said Wednesday that U. S. Steel has satisfied each of the conditions of the ...
The United States Steel Corporation is an American steel company based in Pittsburgh, Pennsylvania, with production facilities in the U.S. and Central Europe.. The company produces and sells steel products, including flat-rolled and tubular products for customers in industries across automotive, construction, consumer, electrical, industrial equipment, distribution, and energy.
Bethlehem Steel, which had been the second largest steel producer in the United States, had filed for bankruptcy in 2001. Under Ross, the steel workers at LTV returned to work with "new work rules", and without their pensions. Instead they had 401(k)s. [3] When WL Ross acquired Bethlehem Steel, the steelworkers there accepted the same ...
The 1946 US steel strike was a several months long strike of 750,000 steel workers of the United Steelworkers union. [1] [2] It was a part of larger wave of labor disputes, known as the US strike wave of 1945–1946 after the end of World War II, and remains the largest strike in US history.