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"A potential nationwide freight rail strike is looming, threatening to cripple the U.S. economy ahead of the holiday shopping season and November’s midterm elections."
"Roughly 115,000 rail workers could walk off the job as soon as Sept. 16 if they cannot agree to a new contract with railroads."
"That’s the first day workers could legally strike after a White House-appointed panel released collective bargaining recommendations aimed at ending years of contentious negotiations. "
"Five of the 13 unions representing rail workers have reached tentative agreements with railroads to enact the Presidential Emergency Board (PEB) recommendations, which call for 24 percent pay raises, back pay and cash bonuses. "
I wish I could get a 24% pay raise increase!
Get ready for higher prices on groceries, gas, oil, coal, lumber and just about everything else!
"Roughly 115,000 rail workers could walk off the job as soon as Sept. 16 if they cannot agree to a new contract with railroads."
"That’s the first day workers could legally strike after a White House-appointed panel released collective bargaining recommendations aimed at ending years of contentious negotiations. "
"Five of the 13 unions representing rail workers have reached tentative agreements with railroads to enact the Presidential Emergency Board (PEB) recommendations, which call for 24 percent pay raises, back pay and cash bonuses. "
I wish I could get a 24% pay raise increase!
Get ready for higher prices on groceries, gas, oil, coal, lumber and just about everything else!
Potential rail strike threatens to kneecap US economy ahead of midterms
A potential nationwide freight rail strike is looming, threatening to cripple the U.S. economy ahead of the holiday shopping season and November’s midterm elections. Roughly 115,000 rail wor…
thehill.com
Rail-Strike Deadline Carries Economic and Political Risks for Biden
Tens of thousands of US railroad workers could be on strike by the end of this week, a potential new shock to supply chains that would pose a pre-midterm political quandary for President Joe Biden and the Democrats.
www.bloomberg.com