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U.S. Steel Reaches Union Deal

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With 3-year contract for 16,000.

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Rick Gershon / Getty Images

On the eve of Labor Day, United Steelworkers have reached a tentative agreement with U.S. Steel that will give a new three-year labor contract to its 16,000 workers. The union has been in negotiations for collective bargaining since June and they will be casting deciding votes in the coming weeks. The union workers will continue to operate under the terms of its 2008 contract that expired on Saturday.

Read it at Reuters