Boeing union decert in SEA - affect on local housing prices?
Ok, so, the workers at the (new) Boeing facility in South Carolina have voted out the IAM. Not sure if this will increase the probability of Boeing starting a second 787 assembly line near Charleston, but, what if the local Seattle area workers voted out the IAM? Assume that Boeing would continue operations here in the SEA area as-is but without a union production force. What would be the likely effects on the local (Seattle metro area) housing market due to local wage trends, employment stability, etc.
Note: In the interest of full disclosure let me say that I am an engineer in SPEEA, been in it since I hired in 25 years ago, went out on strike in 2000, and, if it went back to a voluntary union, would probably stay in because the benefits out weigh the detriments.
Note: In the interest of full disclosure let me say that I am an engineer in SPEEA, been in it since I hired in 25 years ago, went out on strike in 2000, and, if it went back to a voluntary union, would probably stay in because the benefits out weigh the detriments.
Comments
and of course last but not least.
THERE WILL NOT BE LAZY FAT PEOPLE STANDING ON AIRPORT RD in EVERETT WITH SIGNS!!!! COOKING HOT DOGS FOR MONTHS ON END TELLING EVERYONE HOW HARD THEY WORK.
Disclosure. Only speaking in terms of machinists and manufacturing NOT ENGINEERS.. Spoken from words of a friend who was a machinist for 15+ years, and left in 2000 for better pastures.
The back lash will be another surplus of Boeing land with very little to maintain it's value.
Washington is a socialist State, or that has been it's history. Having non Union workers is reprehensible to the people of this State.
Any claim that it's better to have non Union jobs or no jobs at all is wrong.
I agree Unions have gotten soft. It's the main reason huge corporations are in such devastating trouble today. By not paying living wages, with benefits, we have a weak health care system, lack of consumer confidence, and a mounting consumer debt.
Non Union workers are bad for America and contrary to the American Way of Life, Liberty, and the Pursuit of Happiness.
Did you think before this sentence came out or it was another Lush burp?
20% layoffs? Try more like 50%. Replace "skilled" machinists (making $50k+ annual) with "unskilled" laborers for non-vital tasks; pay of these laborers will be less than $15/hr.
"Skilled" machinists will see wage freezes or reductions, lose their premium health care and see annual increases in copay and deductibles, reduced vacation, etc.
New workers will be motivated until they realize they're just another disposable asset in a giant cog, and will never be paid as well as their pre-decertification coworkers.
... and then Boeing will leave for somewhere they can pay their workers even less.
If anything, a decertification would probably keep more jobs here in the short term. Why move jobs to Carolina when you already have nonunion employees here? Longer term, I think you would see the earning power of machinists slip and that would almost certainly push prices down.