On October 19th local time, the International Federation of Mechanical and Aerospace Workers (IAM) announced to its 33000 striking members that it has reached a preliminary agreement with aircraft manufacturer Boeing regarding labor relations. IAM stated that the agreement includes provisions for Boeing to increase wages by 35% during the four-year term of the contract. It is reported that the agreement still needs approval from the majority of IAM members before it can take effect, and workers will return to work. The vote is scheduled for October 23rd local time. As of now, this strike has lasted for five weeks.