Published

UAW Membership Expands 2%

The United Auto Workers union gained 7,300 members last year, increasing its roles 2% to 416,000 workers, according to its annual report to the U.S. Dept. of Labor.
#labor

Share

The United Auto Workers union gained 7,300 members last year, increasing its roles 2% to 416,000 workers, according to its annual report to the U.S. Dept. of Labor.

It was the seventh consecutive year of modest growth, driven by the auto industry’s recovery since the Great Recession eight years ago. UAW membership peaked at 1.5 million workers in 1979 and slid to an all-time low of 335,200 in 2009.

The reports its net assets declined 8% to $862 million in 2016. The drop reflects a contribution of $346 million to a voluntary employee benefits association (VEBA) set up under terms of a federal lawsuit settled in 2013.

Dues paid by members rose 8% to $183 million, according to the report. The union paid out $6 million in strike benefits last year.

RELATED CONTENT

Gardner Business Media - Strategic Business Solutions