New Wage Agreements Between AT&T and CWA
Telecom giant AT&T has successfully ratified new agreements with the Communications Workers of America (CWA), impacting approximately 23,000 employees across eleven states. This milestone was achieved on Friday and marks a significant development in labor relations within the company.
Wage Increases for Employees
Under the new agreements, employees in the West will benefit from wage increases of at least 15% over the four-year contract, while workers in the Southeast will receive hikes exceeding 19% during the five-year agreement. This positive change comes after a recent strike by over 17,000 employees, including technicians and customer service representatives, protesting unfair labor practices.
Additional Compensation Under the Infrastructure Bill
In a statement, the union highlighted that wire technicians and utility operations professionals in the Southeast would receive an additional 3% wage increase, thanks to the Infrastructure bill. This boost aims to recognize the critical roles these workers play in maintaining AT&T's wireline telecommunications network for both residential and business customers.
Union Mediation and Next Steps
In September, the CWA informed the Federal Mediation and Conciliation Service of its withdrawal from mediation, citing concerns that AT&T was using the process as a delay tactic. The new agreements signify a crucial step towards improved labor conditions and fair compensation for AT&T employees.


U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand
Oil Prices Climb in Asian Trade as Venezuela Sanctions and Middle East Tensions Fuel Risk Premium
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise
Russia Stocks End Flat as Energy Shares Support MOEX Index
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike
German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025 



