The White House is stepping up efforts to resolve Boeing's escalating labor crisis, urging the aerospace giant and striking workers to return to negotiations after a tense contract rejection. 🚨 Over 33,000 machinists represented by the International Association of Machinists and Aerospace Workers (IAM) voted down Boeing's latest offer—a 35% wage hike over four years—demanding stronger benefits and pension reforms. 💼
🚀 Breaking Down the Standoff
Workers say the proposal falls short of their 40% pay raise demand and fails to reinstate traditional pensions. This marks the second rejection in weeks, with 95% voting against an earlier 25% offer. The strike, now in its sixth week, has halted production of Boeing's 737 MAX jets and strained its finances. 🔧
💬 White House Steps In
President Biden's team is 'encouraging all parties to keep working toward a deal,' according to press secretary Karine Jean-Pierre. Acting Labor Secretary Julie Su has shuttled between Seattle and D.C. to mediate talks as airlines face delivery delays and Boeing plans 17,000 job cuts. 📉
🌐 What's Next?
With union leaders ready to negotiate and Boeing racing to secure $15 billion in funding, the stakes couldn’t be higher. Will compromise finally take flight? Stay tuned for updates. ✨
