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Stock impact report

GM workers will have job options — but they may not be as good [CNN]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: CNN
Ex-GM worker who picked Trump had this to say The 8,000 white-collar workers who are expected to lose their positions will also have plenty of options outside the auto industry, especially if they're willing to move. Technical engineers or managers of any type won't require much retraining in order to fill in-demand positions. White-collar skills are pretty general skills that are needed in most labor markets, says Andrew Weaver, an assistant professor of labor and employment relations at the University of Illinois. If you're a clerk or an accountant for GM, you could go be a clerk or accountant for a life insurance company. However, that doesn't mean finding the next job will be easy — especially one as good as the unionized shop-floor positions at GM. With hourly wage rates of between $28 and $41 depending on experience, plus yearly profit-sharing checks, excellent health care plans, pensions and other perks like discounts on vehicles and tuition assistan Show less Read more
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