Autoworkers strike has cost US economy nearly $4B, report says
An ongoing strike by autoworkers in the US has cost the economy billions of dollars, according to a study by Michigan-based firm Anderson Economic Group. Over the first two weeks, the strike cost workers $325 million in lost wages and caused over $1 billion in manufacturing declines at automakers including General Motors, Ford, and Stellantis. Taking into account additional costs, the strike caused nearly $4 billion in economic losses. The strike began on 15 September and has grown steadily since. Economists have warned that a prolonged strike could damage the US economy.
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Frequently Asked Questions
Autoworkers strike has cost US economy nearly $4B, report says - ABC News
1. What is the impact of the autoworkers strike on the US economy?
According to a report, the ongoing autoworkers strike has cost the US economy nearly $4 billion. Workers have been denied wages due to the strike.
(Source: ABC News: Autoworkers strike has cost US economy nearly $4B, report says)
2. How long has the autoworkers strike been going on?
The duration of the autoworkers strike is not mentioned in the provided search results. Additional information may be required to determine the length of the strike.
3. How does the autoworkers strike affect workers?
The autoworkers strike has resulted in workers being denied their wages. The impact of the strike on workers may include financial hardships.
(Source: ABC News: Autoworkers strike has cost US economy nearly $4B, report says)
4. Which companies are affected by the autoworkers strike?
The search results do not provide specific information about the companies affected by the autoworkers strike. Further research may be necessary to identify the companies involved in the strike.
5. Are there any updates or developments regarding the autoworkers strike?
The provided search results do not mention any updates or developments related to the autoworkers strike. For the latest information, it is recommended to refer to reliable news sources or conduct a more comprehensive search.