U.S. Labor Secretary Thomas Perez announces agreement in principle on a new contract for Verizon workers - United States Department of Labor

U.S. Labor Secretary Thomas Perez announces agreement in principle on a new contract for Verizon workers - United States Department of Labor: WASHINGTON – U.S. Secretary of Labor Thomas Perez issued the following statement today regarding the ongoing labor dispute at Verizon: 'Today, I am pleased to announce that the parties have reached an agreement in principle on a four-year contract, resolving the open issues in the ongoing labor dispute between Verizon’s workers, unions, and management. The parties are now working to reduce the agreement to writing, after which the proposal will be submitted to CWA and IBEW union members for ratification.