Biden strikes with UAW members: ‘You deserve a hell of a lot more’
Business
GOP candidates bash labor unions as Biden hits the picket line on September 27, 2023 at 10:00 am Business News | The Hill

Republican presidential candidates are ripping members of the United Auto Workers (UAW) union and blaming President Biden for the escalating strike against major car companies.
Biden has touted himself as a stalwart supporter of unions and joined UAW members Tuesday on the picket line in Michigan — the first instance of a sitting U.S. president marching beside striking workers.
As Republicans aim to use dour public opinion of the economy to oust Biden in 2024, his GOP challengers are eager to tie the president to the potential economic toll of the strike.
And some Republican contenders are using the UAW to bolster their conservative bonafides to GOP voters with less than five months until the first primary ballots are cast.
“When you have the most pro-union president and he touts that he is emboldening the unions, this is what you get,” former South Carolina Gov. Nikki Haley said on the Fox News Channel earlier this month.
“When you have a president that’s constantly saying, ‘Go union! Go union,’ this is what you get. The unions get emboldened, and then they start asking for things.”
Republicans have historically been critical of unions and their roles in pushing for better pay and conditions for workers, particularly since the Reagan administration.
“I think [executive compensation] ought to be left to the shareholders of that company,” former Vice President Mike Pence said in a CNN interview this month.
“I’m somebody that believes in free enterprise. I think those are decisions that can be made by shareholders in creating pressure, and I’ll fully support how these publicly traded companies operate,” he said.
Sen. Tim Scott (S.C.), another GOP presidential contender, lauded former President Reagan’s firing of striking air traffic controllers when asked about the UAW strike.
“If you strike, you’re fired,” Scott said.
This prompted UAW President Shawn Fain to file a charge Thursday against Scott’s campaign with the National Labor Relations Board (NLRB), which administers U.S. labor law.
The charge was obtained by The Hill through a U.S. Freedom of Information Act request with the NLRB. A representative for the NLRB told The Hill the agency will be investigating the charge.
Trump strikes a different tune
While some GOP presidential candidates have been quick to criticize striking autoworkers, former President Trump sought to sound sympathetic.
With a commanding lead in polls of GOP voters, Trump is overlooking the primary and focused on winning back support from blue-collar workers in states such as Michigan, Pennsylvania and Wisconsin — three states he won in 2016 but lost to Biden in 2020.
Trump is scheduled to give a speech in Michigan on the autoworkers strike Wednesday — the night of the second GOP primary debate — and has focused on UAW’s gripes with Biden, not automakers.
The UAW is holding out on endorsing Biden over his push to bolster electric vehicle (EV) manufacturing, which is primarily conducted by nonunion labor and overseas.
Trump said in a Tuesday statement that Biden’s “draconian and indefensible Electric Vehicle mandate will annihilate the U.S. auto industry and cost countless thousands of autoworkers their jobs.”
“The only thing Biden could say today that would help the striking autoworkers is to announce the immediate termination of his ridiculous mandate,” he added.
“Anything else is just a feeble and insulting attempt to distract American labor from this vicious Biden betrayal.”
Other GOP presidential candidates are also aiming their criticisms at Biden’s EV push instead of the workers on the picket line.
“The union workers are going, ‘Wow, if we’re going to switch to all [electric vehicles], we’re going to have less jobs … we’re going to be dependent on China for our transportation needs.’ … They understand what’s happening,” North Dakota governor Doug Bergum said last week, as reported by Reuters.
Why autoworkers are striking
While the shift to EVs has caused alarm among autoworkers, UAW members and their Democratic supporters say the strike is driven by concerns over worker pay.
There are large differences between executive compensation packages and production worker compensation within the auto industry, as in most industries.
Ford CEO James Farley made $1.7 million in salary in 2022, $2.75 million in final incentive bonus payouts, and $14.5 million in other types of incentives. Altogether, he brought in $20,996,146, the company’s Schedule 14A proxy statement, filed in March of this year, says.
The average salary of a production worker at Ford is $45,843, according to jobs website Indeed. Indeed maxes that position’s salary out at $73,000 per year.
Biden said Tuesday that autoworkers should get the 40 percent pay increase the union is seeking.
“You’ve heard me say many times that Wall Street didn’t build the country — the middle class built the country. Unions built the middle class,” Biden said in Michigan to a gathering of auto workers.
“Let’s keep going. You deserve what you earn.”
Sen. Bernie Sanders (I-Vt.) told The Hill in a Thursday interview that labor is experiencing an important resurgence in American society.
“You’re seeing workers all over the country — at UPS, in the auto industry — standing up and fighting back, and that’s an extraordinarily important moment,” he said.
“What the UAW is saying is that it’s unacceptable that the people at the top of these corporations make outrageous compensation packages while the workers fall further and further behind. That’s the story of what’s happening with the American economy,” Sanders said.
Labor experts describe the UAW strike as a “stand-up strike,” distinguishing it from “sit-down strikes” in which a large mass of workers occupy their workplaces but refuse to work.
Stand-up strikes, in which smaller groups of workers walk off the job in targeted stoppages, make them harder to predict, tactically more aggressive and potentially more disruptive to production schedules, which can be felt further down the pipeline of the auto industry.
“This has also been used in the airlines. I think it was Alaska Airlines in the 1980s that used a similar strategy — they called it actually, ‘CHAOS,’ and I think they trademarked that name — [whereby] they would board the plane, and then all of the flight attendants would walk out and go out on strike,” Arthur Wheaton, a director of labor studies at the Cornell School of Industrial and Labor Relations in Buffalo, N.Y., told The Hill.
Wheaton said similar tactics were used in the U.S. as far back as the 1930s.
A representative for the Ford Motor Company said Tuesday that workers and management share an interest in the “long-term viability” of the domestic auto industry.
“Ford and the UAW are going to be the ones to solve this by finding creative solutions,” the company said in a statement.
Transportation, Business, Bernie Sanders, Biden, Doug Burgum, labor unions, Mike Pence, Nikki Haley, nlrb, Tim Scott, UAW strike Republican presidential candidates are ripping members of the United Auto Workers (UAW) union and blaming President Biden for the escalating strike against major car companies. Biden has touted himself as a stalwart supporter of unions and joined UAW members Tuesday on the picket line in Michigan — the first instance of a sitting U.S. president…
Business
Google Accused Of Favoring White, Asian Staff As It Reaches $28 Million Deal That Excludes Black Workers

Google has tentatively agreed to a $28 million settlement in a California class‑action lawsuit alleging that white and Asian employees were routinely paid more and placed on faster career tracks than colleagues from other racial and ethnic backgrounds.
- A Santa Clara County Superior Court judge has granted preliminary approval, calling the deal “fair” and noting that it could cover more than 6,600 current and former Google workers employed in the state between 2018 and 2024.

How The Discrimination Claims Emerged
The lawsuit was brought by former Google employee Ana Cantu, who identifies as Mexican and racially Indigenous and worked in people operations and cloud departments for about seven years. Cantu alleges that despite strong performance, she remained stuck at the same level while white and Asian colleagues doing similar work received higher pay, higher “levels,” and more frequent promotions.
Cantu’s complaint claims that Latino, Indigenous, Native American, Native Hawaiian, Pacific Islander, and Alaska Native employees were systematically underpaid compared with white and Asian coworkers performing substantially similar roles. The suit also says employees who raised concerns about pay and leveling saw raises and promotions withheld, reinforcing what plaintiffs describe as a two‑tiered system inside the company.
Why Black Employees Were Left Out
Cantu’s legal team ultimately agreed to narrow the class to employees whose race and ethnicity were “most closely aligned” with hers, a condition that cleared the path to the current settlement.

The judge noted that Black employees were explicitly excluded from the settlement class after negotiations, meaning they will not share in the $28 million payout even though they were named in earlier versions of the case. Separate litigation on behalf of Black Google employees alleging racial bias in pay and promotions remains pending, leaving their claims to be resolved in a different forum.
What The Settlement Provides
Of the $28 million total, about $20.4 million is expected to be distributed to eligible class members after legal fees and penalties are deducted. Eligible workers include those in California who self‑identified as Hispanic, Latinx, Indigenous, Native American, American Indian, Native Hawaiian, Pacific Islander, and/or Alaska Native during the covered period.
Beyond cash payments, Google has also agreed to take steps aimed at addressing the alleged disparities, including reviewing pay and leveling practices for racial and ethnic gaps. The settlement still needs final court approval at a hearing scheduled for later this year, and affected employees will have a chance to opt out or object before any money is distributed.
H2: Google’s Response And The Broader Stakes
A Google spokesperson has said the company disputes the allegations but chose to settle in order to move forward, while reiterating its public commitment to fair pay, hiring, and advancement for all employees. The company has emphasized ongoing internal audits and equity initiatives, though plaintiffs argue those efforts did not prevent or correct the disparities outlined in the lawsuit.
For many observers, the exclusion of Black workers from the settlement highlights the legal and strategic complexities of class‑action discrimination cases, especially in large, diverse workplaces. The outcome of the remaining lawsuit brought on behalf of Black employees, alongside this $28 million deal, will help define how one of the world’s most powerful tech companies is held accountable for alleged racial inequities in pay and promotion.
Business
Luana Lopes Lara: How a 29‑Year‑Old Became the Youngest Self‑Made Woman Billionaire

At just 29, Luana Lopes Lara has taken a title that usually belongs to pop stars and consumer‑app founders.
Multiple business outlets now recognize her as the world’s youngest self‑made woman billionaire, after her company Kalshi hit an 11 billion dollar valuation in a new funding round.
That round, a 1 billion dollar Series E led by Paradigm with Sequoia Capital, Andreessen Horowitz, CapitalG and others participating, instantly pushed both co‑founders into the three‑comma club. Estimates place Luana’s personal stake at roughly 12 percent of Kalshi, valuing her net worth at about 1.3 billion dollars—wealth tied directly to equity she helped create rather than inheritance.

Kalshi itself is a big part of why her ascent matters.
Founded in 2019, the New York–based company runs a federally regulated prediction‑market exchange where users trade yes‑or‑no contracts on real‑world events, from inflation reports to elections and sports outcomes.
As of late 2025, the platform has reached around 50 billion dollars in annualized trading volume, a thousand‑fold jump from roughly 300 million the year before, according to figures cited in TechCrunch and other financial press. That hyper‑growth convinced investors that event contracts are more than a niche curiosity, and it is this conviction—expressed in billions of dollars of new capital—that turned Luana’s share of Kalshi into a billion‑dollar fortune almost overnight.
Her path to that point is unusually demanding even by founder standards. Luana grew up in Brazil and trained at the Bolshoi Theater School’s Brazilian campus, where reports say she spent up to 13 hours a day in class and rehearsal, competing for places in a program that accepts fewer than 3 percent of applicants. After a stint dancing professionally in Austria, she pivoted into academics, enrolling at the Massachusetts Institute of Technology to study computer science and mathematics and later completing a master’s in engineering.
During summers she interned at major firms including Bridgewater Associates and Citadel, gaining a front‑row view of how global macro traders constantly bet on future events—but without a simple, regulated way for ordinary people to do the same.

That realization shaped Kalshi’s founding thesis and ultimately her billionaire status. Together with co‑founder Tarek Mansour, whom she met at MIT, Luana spent years persuading lawyers and U.S. regulators that a fully legal event‑trading exchange could exist under commodities law. Reports say more than 60 law firms turned them down before one agreed to help, and the company then spent roughly three years in licensing discussions with the Commodity Futures Trading Commission before gaining approval. The payoff is visible in 2025’s numbers: an 11‑billion‑dollar valuation, a 1‑billion‑dollar fresh capital injection, and a founder’s stake that makes Luana Lopes Lara not just a compelling story but a data point in how fast wealth can now be created at the intersection of finance, regulation, and software.
Business
Harvard Grads Jobless? How AI & Ghost Jobs Broke Hiring

America’s job market is facing an unprecedented crisis—and nowhere is this more painfully obvious than at Harvard, the world’s gold standard for elite education. A stunning 25% of Harvard’s MBA class of 2025 remains unemployed months after graduation, the highest rate recorded in university history. The Ivy League dream has become a harsh wakeup call, and it’s sending shockwaves across the professional landscape.

Jobless at the Top: Why Graduates Can’t Find Work
For decades, a Harvard diploma was considered a golden ticket. Now, graduates send out hundreds of résumés, often from their parents’ homes, only to get ghosted or auto-rejected by machines. Only 30% of all 2025 graduates nationally have found full-time work in their field, and nearly half feel unprepared for the workforce. “Go to college, get a good job“—that promise is slipping away, even for the smartest and most driven.
Tech’s Iron Grip: ATS and AI Gatekeepers
Applicant tracking systems (ATS) and AI algorithms have become ruthless gatekeepers. If a résumé doesn’t perfectly match the keywords or formatting demanded by the bots, it never reaches human eyes. The age of human connection is gone—now, you’re just a data point to be sorted and discarded.
AI screening has gone beyond basic qualifications. New tools “read” for inferred personality and tone, rejecting candidates for reasons they never see. Worse, up to half of online job listings may be fake—created simply to collect résumés, pad company metrics, or fulfill compliance without ever intending to fill the role.
The Experience Trap: Entry-Level Jobs Require Years
It’s not just Harvard grads who are hurting. Entry-level roles demand years of experience, unpaid internships, and portfolios that resemble a seasoned professional, not a fresh graduate. A bachelor’s degree, once the key to entry, is now just the price of admission. Overqualified candidates compete for underpaid jobs, often just to survive.
One Harvard MBA described applying to 1,000 jobs with no results. Companies, inundated by applications, are now so selective that only those who precisely “game the system” have a shot. This has fundamentally flipped the hiring pyramid: enormous demand for experience, shrinking chances for new entrants, and a brutal gauntlet for anyone not perfectly groomed by internships and coaching.
Burnout Before Day One
The cost is more than financial—mental health and optimism are collapsing among the newest generation of workers. Many come out of elite programs and immediately end up in jobs that don’t require degrees, or take positions far below their qualifications just to pay the bills. There’s a sense of burnout before careers even begin, trapping talent in a cycle of exhaustion, frustration, and disillusionment.
Cultural Collapse: From Relationships to Algorithms
What’s really broken? The culture of hiring itself. Companies have traded trust, mentorship, and relationships for metrics, optimizations, and cost-cutting. Managers no longer hire on potential—they rely on machines, rankings, and personality tests that filter out individuality and reward those who play the algorithmic game best.
AI has automated the very entry-level work that used to build careers—research, drafting, and analysis—and erased the first rung of the professional ladder for thousands of new graduates. The result is a workforce filled with people who know how to pass tests, not necessarily solve problems or drive innovation.
The Ghost Job Phenomenon
Up to half of all listings for entry-level jobs may be “ghost jobs”—positions posted online for optics, compliance, or future needs, but never intended for real hiring. This means millions of job seekers spend hours on applications destined for digital purgatory, further fueling exhaustion and cynicism.
Not Lazy—Just Locked Out
Despite the headlines, the new class of unemployed graduates is not lazy or entitled—they are overqualified, underleveraged, and battered by a broken process. Harvard’s brand means less to AI and ATS systems than the right keyword or résumé format. Human judgment has been sidelined; individuality is filtered out.

What’s Next? Back to Human Connection
Unless companies rediscover the value of human potential, mentorship, and relationships, the job search will remain a brutal numbers game—one that even the “best and brightest” struggle to win. The current system doesn’t just hurt workers—it holds companies back from hiring bold, creative talent who don’t fit perfect digital boxes.
Key Facts:
- 25% of Harvard MBAs unemployed, highest on record
- Only 30% of 2025 grads nationwide have jobs in their field
- Nearly half of grads feel unprepared for real work
- Up to 50% of entry-level listings are “ghost jobs”
- AI and ATS have replaced human judgment at most companies
If you’ve felt this struggle—or see it happening around you—share your story in the comments. And make sure to subscribe for more deep dives on the reality of today’s economy and job market.
This is not just a Harvard problem. It’s a sign that America’s job engine is running on empty, and it’s time to reboot—before another generation is locked out.
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