There are several ways the unprecedented United Auto Workers strike could hit the economy, but it will depend on how long the strike lasts and how many plants are affected, among other factors.
The UAW has built up a strike fund of $835 million — enough to last about three months if all of the nearly 150,000 unionized autoworkers were on strike. The union will also pay for striking workers' health insurance.Companies that supply parts to Ford, GM and Stellantis could also feel the effects of the strike, but probably not right away.
An employee works at Ford's Rouge Electric Vehicle Center in Dearborn, Mich., on Sept. 20, 2022. Companies that supply parts to Ford, GM and Stellantis could also feel the effects of the UAW strike, though perhaps not right away.An employee works at Ford's Rouge Electric Vehicle Center in Dearborn, Mich., on Sept. 20, 2022. Companies that supply parts to Ford, GM and Stellantis could also feel the effects of the UAW strike, though perhaps not right away.
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