Jack Kelly and Rick Chen chase down the labor agreement between UPS and the Teamsters Union to figure out if UPS drivers will really start to earn $170,000 in pay. We look into how the total compensation was calculated and if the reporters got their news headlines wrong.
Jack and Rick then discuss the evolution of the job market and how some professions are changing in response to new technology like autonomous vehicles and machine learning. Finally, we debate whether UPS will even have to pay these headline totals to drivers after all.
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https://fortune.com/2023/08/08/ups-drivers-170000-union-agreement-teamsters-middle-class-bidenomics/
https://www.businessinsider.com/tech-workers-comments-170k-ups-driver-deal-anger-admiration-2023-8