UPDATE 2-Ford union workers ratify new four-year U.S. labor pact - UAW

(Adds labor cost study, number of Ford UAW workers, background)
By Bernie Woodall and Joseph White
DETROIT, Nov 20 (Reuters) - Ford Motor (N:F) Co's U.S. union
workers narrowly approved a four-year labor contract after a
late push for support by United Auto Workers leaders, the UAW
said late Friday night.
The UAW said 51.3 percent of production workers and 52.4
percent of skilled trades workers voted in favor of the new
contract, after more than a week of voting that concluded at
U.S. operations of Ford F.N on Friday night.
"This agreement provides a good foundation for Ford Motor
Company, our employees and our communities as we work together
to create an even stronger business in the years ahead," the
company said in a statement.
The UAW's chief Ford negotiator, Jimmy Settles, said the
contract was reached "through a fair and democratic process" and
that it provides "job security and strong economic gains" for
workers.
Two days ago, Settles reported that with three-quarters of
the vote counted, 52 percent of Ford workers had rejected the
new contract. urn:newsml:reuters.com:*:nL1N13D0VB
The new contract gives veteran workers their first raise in
about a decade and phases out a two-tiered pay structure that
paid those hired after 2007 less than more senior union members.
Ford has about 53,000 UAW members.
Now, all three of Detroit's automakers have ratified
contracts, four months after talks began between the UAW and
Ford, General Motors Co (N:GM) GM.N and Fiat Chrysler Automobiles (N:FCAU)
FCAU.N FCHA.MI .
GM's contract for its 52,700 UAW members will go into effect
on Monday. Fiat Chrysler's 40,000 UAW employees have been
working under a new agreement since last month.
But it wasn't easy. The UAW targeted Fiat Chrysler first,
and an initial agreement was rejected by workers by about
2-to-1. A second proposal that set an eight-year path from
hiring to top pay was overwhelmingly approved at Fiat Chrysler,
which had the most second-tier workers.
A study released on Friday said GM and Ford per worker labor
costs, of which pay is nearly half, will be $60 per hour by
2019, the final year of the new contracts. GM's per hour labor
are up $5 and Ford's rose $3.
The same study showed that Fiat Chrysler's per hour labor
costs will rise to $56 from $47, by 2019.
The same study also said the share of the labor cost to each
vehicle's average cost is much less than it was a decade ago.