UAW members at Chrysler have voted to approve a new four-year agreement with the automaker, the last of the Big Three contracts to be ratified. Earlier this month Ford workers approved a contract and in September UAW members ratified a four-year contract with General Motors.

The agreement with Chrysler will add 2,100 new jobs. UAW President Bob King says that the Chrysler jobs, “together with jobs added at GM and Ford, mean more than 20,000 direct manufacturing jobs will be added to our economy.”

The Center for Automotive Research estimates the multiplier for other jobs created from an auto manufacturing job is 10, so these 20,000 direct auto manufacturing jobs, will create another 180,000 jobs in devastated communities across America. The UAW and the domestic auto companies are jump-starting the nation’s economic recovery.

In addition, the new pact includes $4.5 billion to produce new and upgraded vehicles and components by 2015.

UAW Vice President General Holiefield says:

In less than three years, Chrysler, through the dedication and hard work of its UAW-represented workers, has emerged from bankruptcy and repaid its federal loans six years early. Now through this collective bargaining agreement, we are adding jobs and helping to rebuild America.

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