Boeing machinists reject new labor contract extending more than 5-week strike

By CNBC (World News) | Created at 2024-10-24 02:15:37 | Updated at 2024-10-24 04:24:50 2 hours ago
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People hold sings during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle Union Hall in Seattle, Washington, on October 15, 2024.

Jason Redmond | AFP | Getty Images

Boeing machinists rejected a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than five-week strike that halted most of the company's aircraft production, which is centered in the Seattle area.

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