In these tough economic times we're seeing more jobs being lost than ever before and union jobs, once considered pretty secure, being threatened, as well. Whether you are in favor of unions or consider them to be the thing that ultimately dooms many businesses, it is a fact of life that some concessions by unions must be made or even more jobs will be lost, regardless of the field you happen to be in.
The proposal under consideration by the Boston Globe's largest union includes a pay cut of 8.4 percent and the elimination of lifetime job guarantees held by 190 members in exchange for a $33,000 payment plus severance for each of those guaranteed employees who gets laid off. Read more about it by reading this story from the Wall Street Journal's online site.
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