Fed panelists grapple with automotive labor issues

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Federal policy must prioritize auto workers’ job quality and fair compensation for a successful transition to electrification, panelists said at the Federal Reserve Bank of Chicago’s 29th annual automotive insights symposium Thursday.

“The green transition will not be possible… without strong and sustained political support,” said Adam Hersh, senior economist at the Economic Policy Institute, said at the event in Detroit. “That’s why it’s so important that we’re focusing on…

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