The United Auto Workers continued to lose members last year, but its net worth increased 4.4% compared with 2003, according to the union’s 2004 financial report. These trends reflect a harsh reality for the union that helped Detroit put the world on wheels. Because of the UAW’s membership decline, it must manage its assets carefully to ensure that its mission is not compromised, says Secretary-Treasurer Elizabeth Bunn. “It is our responsibility to make fiscally sound judgments,” Bunn ...
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