Explain reasons for the wage rate differential between what the employer is offering and what the union members want. Draw a graph to illustrate why the workers rejected the offer.

Copper producer Asarco offered its unionized steelworkers a contract that raised worker healthcare premiums, reduced pensions, and denied workers their first salary increase in over a decade. The workers rejected the offer. A fact: The employer is offering $24.50 an hour. Union members want $30 an hour.