Transcript for GM strike continues after new negotiations fail
Now we turn to the latest on that major strike against general motors, nearly 50,000 united autoworkers protesting after another round of negotiations failed overnight. Alex Perez is in Detroit with the very latest. Good morning, Alex. Reporter: Hey, good morning, Michael. It's now day two of this national strike and even though both sides are back at the bargaining table union officials tell me they are nowhere near reaching a deal. Workers are on the picket line. This is how it's looked since the strike started. Workers marching and chanting here now. We've talked to a lot of these workers. They tell us this is all about better wage, better benefits and sharing in that $8.1 billion profit that GM made last year. A lot of these employees took concessions during that 2009 government bailout and they say that period is now over. Michael. And, Alex, as this drags on there could be a bigger long-term impact. Reporter: Yeah, that's right. This not only impacts the workers and automaker but experts believe in the long term it could impact the economy. Each one of these employees generates 6 to 7 jobs outside of the plant so that means suppliers, restaurants and other services. If they start to cut back some of those other people can feel the impact in the economy as well. Michael. All right, a lot of people depending on the deal. Thank you very much, Alex.
This transcript has been automatically generated and may not be 100% accurate.