Local 12: UAW strike expands into Cincinnati region
UC economist says strike will have wide-ranging effects on the industry
The United Auto Workers union strike, which expanded on Friday, will have effects that are felt throughout the automobile industry, a University of Cincinnati economics professor told Local 12.
Michael Jones, PhD, Carl H. Lindner College of Business assistant professor of economics
The strike by the UAW has expanded to 38 locations in 20 states, including General Motors’ West Chester, Ohio, distribution center. The plant in West Chester is responsible for shipping car parts to auto repair shops and car dealerships across the region.
Mechanics already had faced difficulties in getting parts as supply chain problems from the COVID-19 pandemic have persisted. Now, it could take even longer.
“I think that’s part of the design of this strike, is that by even only a handful of workers, a hundred or so here in the region, the spillover effects are going to be pretty significant for those who work in that industry,” said Michael Jones, PhD, Carl H. Lindner College of Business assistant professor of economics and academic director of the Kautz-Uible Economic Institute.
Featured image at top: A car mechanic checking and fixing a car engine at a service garage. Photo/naveebird via iStock
Impact Lives Here
The University of Cincinnati is leading public urban universities into a new era of innovation and impact. Our faculty, staff and students are saving lives, changing outcomes and bending the future in our city's direction. Next Lives Here.
Related Stories
WCPO: UC economist says wages can’t keep up with inflation
March 22, 2022
Multiple disruptions to the U.S. economy are posing problems for consumers, according to Michael Jones, PhD, associate professor of economics at the University of Cincinnati Carl H. Lindner College of Business.
The benefits and downsides for 'forever renters'
May 29, 2024
A growing number of people expect to rent their entire lives instead of buying a home, which presents potential benefits and downsides for these “forever renters,” University of Cincinnati professors told Business Insider.
Spectrum News 1: Inflation reaches 40-year high
April 13, 2022
A number of factors have caused inflation to reach a 40-year high, but it won’t be a permanent problem, University of Cincinnati economics professor Asawari Deshmukh told Spectrum News 1.
WCPO: Small businesses face challenges
April 19, 2022
As businesses are squeezed by inflation, staffing shortages and supply chain issues, companies are having to adjust, a University of Cincinnati economics professor told WCPO.
Morning Brew: Employee recruiting, retention affected by inflation
April 7, 2022
A host of factors, namely the war in Ukraine and recurring supply chain shortages, have contributed to inflation reaching a 40-year high in the United States.
WLWT: Rising fuel costs take a toll
March 9, 2022
Rising fuel prices are taking a toll on truck drivers and consumers, WLWT reported.
UC economist explains why gas prices are slow to drop
March 21, 2022
Gas prices rise quickly but are slower to come back down because of market volatility, University of Cincinnati Assistant Professor – Educator Asawari Deshmukh told Local 12.
UC professor says buying a home is still a good option
November 1, 2022
Mortgage rates are at their highest point in 20 years, Local 12 reported, which has some people asking if it’s worth buying a house with the current conditions.
WCPO: Small business owners worry about inflation
May 6, 2022
Inflation is the biggest concern facing small business owners and less than half of them think their local economy will improve, WCPO reported.
WCPO: Gas prices are a microcosm of a larger issue
May 10, 2022
While President Joe Biden has the ability to affect gas prices in the long term, there’s not much he can do in the short term to lower prices, University of Cincinnati economics professor Michael Jones told WCPO.