Ford Motor Co. intends to add 7,000 jobs in the next two years in the United States as it anticipates that the country, the world’s largest economy in the world, will be able to avoid another recession, Alan Mulally, chief executive officer of Ford Motor Co., disclosed. According to three insiders, the company is in talks with the UAW regarding the addition of as many as 10,000 jobs in the U.S. on a new four-year contract.
The CEO declined to make a comment on the progress of the UAW meetings. In January, the company has revealed that it would add the 7,000 jobs in 2011 and 2012.
Based on its annual report for 2010, Ford North America had 75,000 employees, says Autonews. The negotiations on creating 10,000 jobs is part of high-level discussions between the company and UAW President Bob King regarding wages, employment gains and benefits in the new deal may still change, according to the insiders who requested anonymity.
Another source with information on the negotiations revealed on Wednesday to Automotive News that the 10,000 jobs figure was "not accurate."
The company's plan to hire more workers comes as President Barack Obama seeks to rally support for his $447 billion proposal to improve hiring. With unemployment stuck at 9.1 percent in August and the economy growing at a 1.3 percent annual rate during the second quarter, jobs will be a vital issue as Obama campaigns for re-election in 2012.