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Why are St Louis Boeing military machinists on strike?

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Synopsis

Jerome Katz, SLU/Chaifetz School of Business Professor, joins Megan Lynch as the workers at Boeing in St Louis have hit the picket line after they rejected a new contract which had included a pay increase and some scheduling concessions. Katz says to pay attention to how the Boeing commercial airline division negotiated their new contract last year for clues as to how this all shakes out.