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GM Ends Job Bank; Chrysler Warns Suppliers

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Readers will ask the question why did it take GM so long to close the jobs bank? Not till January 29, 2008, in the depths of the downturn with looming bankruptcy did GM close the jobs bank.

The new GM and the problems it will continue to face.

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GM faces intense competition in a shrinking market. And building appeal to younger demographics customers is critical to GM.

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The Jobs bank at GM (General Motors) - symbol of poor labor-management competitive practices of GM and the UAW

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A failure of GM and the UAW to come together for the common good. Labor mired in the rhetoric of another era and blind to the dangers of losing competitiveness in a globalized manufacturing era very different from the 1950- 1975 period. Management failing to create a new environment of labor-management cooperation to compete internationally.

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Union workers in the postwar period and today. Historians point to the decline in unions and union bargaining power and its effect on wages. Another factor in the decline is the globalization of the auto industry and the problems faced by the Detroit automakers in the last two decades.

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