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There is a sense of optimism that a deal between SAG-AFTRA and the AMPTP may be imminent.

Wages and benefits grew at a slightly faster pace in the July-September quarter than the previous three months, a benefit for workers but a trend that also represents a risk to the Federal Reserve's fight against inflation. Compensation as measured by the Employment Cost Index increased 1.1% in the third quarter, up from a 1% rise in the April-June quarter, the Labor Department said Tuesday. Wages and salaries for private sector workers, excluding those who receive bonuses and other incentive pay, rose 0.9% in the third quarter, down from 1.1% in the previous period.

Job openings and quits are gradually declining, a trend that's starting to balance out leverage that had been tilted in workers' favor.

MILAN (Reuters) -Stellantis on Tuesday played down the impact of strikes in North America over pay increases, saying they would not alter the automaker's targets for profitability and cash. Unions' six-week campaign of coordinated strikes in the United States and Canada, which started last month and expanded in October, is ending this week after tentative agreements that won record salary increases for workers at the Detroit Three automakers. Chief Financial Officer Natalie Knight said the strikes would cost Stellantis less than 750 million euros ($800 million) in terms of profitab...

There is a sense of optimism that a deal between SAG-AFTRA and the AMPTP may be imminent.