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Strikers feel pinch of weeks of $250 pay; Some dip into savings or turn to short-term loans

Oct 11, 2019 - Detroit Free Press

"I can't help but feel things are getting pretty tight for some of the younger workers."

Paul Traub Senior business economist for the Detroit Branch of the Federal Reserve Bank of Chicago

The financial headaches and hardships build as the UAW-GM strike, which began on Sept. 16, edges closer to its fifth week.

Strike pay of $250 a week - not $250 a day as some strikers say some people think they're getting - doesn't come anywhere close to covering a mortgage payment, a car loan,...