More than 353 labor walkouts have occurred so far this year, per Cornell University’s Labor Action Tracker|@sagaftra|X
Hollywood actors ended their longest-ever strike on Thursday after a tentative deal was reached between the 160,000-strong artists’ union SAG-AFTRA and AMPTP—which represents Netflix, Disney, NBCUniversal, and Paramount, among others.
SAG-AFTRA head Fran Drescher told The Hollywood Reporter that the three-year agreement promises the highest minimum wage increase in four decades.
Drescher also noted that the deal has an 11% bump in wages for background actors, a 75% increase in residuals for the top 20% of streaming shows, increased pensions and health benefits, and studios adhering to the developing federal regulations on AI.
Hot labor summer
This year has seen more than 353,000 workers walk off their jobs to demand better pay, making it one of the biggest strike years in recent history, per the Bloomberg Law’s database.
According to Cornell University’s Labor Action Tracker, more than 353 labor walkouts have occurred so far this year.
Some iconic wins for striking workers
- The UAW secured the richest contracts since the 1960s from auto giants Ford, Stellantis and GM.
- The Hollywood writers’ tentative deal with major studios gave them an immediate annual pay raise of 5% post-ratification.
- Healthcare workers at Kaiser Permanente gained a 21% pay increase and a $23-$25/hour minimum wage in the US.