GE has been in negotiations with the two largest labor unions representing its workers to reach an agreement on a new contract. Negotiations came to a standstill earlier in the year over the issue of shifting the rising cost of health care onto workers. Although the terms of the new contract have not been released, this issue seems to have been resolved, and the contract is expected to be ratified very soon.
See "General Electric Reaches Labor Agreements With 2 Unions Ahead of Contract Expiration", Los Angeles Times, June 15, 2003