Dockworkers' Strike Could Cost the Economy $4.5B Per Day—and Rekindle Inflation
U.S. dockworkers in ports from New England to Texas have started to strike, which could cost the U.S. economy up to $4.5 billion daily and reignite inflation.
Dockworkers go on a strike that could reignite inflation and cause shortages in the holiday season
PHILADELPHIA (AP) — From Maine to Texas, dockworkers at 36 ports across the eastern U.S. are now on strike for the first time in decades. And the work stoppage could snarl supply chains — leading to shortages and higher prices if it stretches on for more than a few weeks.
Dockworkers’ strike could push up prices and cause shortages if it lasts for weeks
From Maine to Texas, dockworkers at 36 ports across the eastern U.S. are now on strike for the first time in decades.
Dockworkers hit picket lines in historic US port strike that could impact prices
In 2002, a strike among workers at West Coast ports lasted 11 days before then-President George W. Bush invoked the Taft-Hartley Act and ended the standoff. However, the last time East Coast and Gulf Coast workers went on strike, in 1977, the work stoppage lasted seven weeks.
Thousands of dockworkers on strike at East and Gulf Coast ports
For the first time in nearly 50 years, thousands of dockworkers are walking the picket lines as they demand better pay and increased job security. A strike at East Coast and Gulf Coast ports could send ripples through the supply chain,
Dockworker strike shuts down ports in the East, threatening big hit to the U.S. economy
The union representing thousands of dockworkers from Maine to Texas launched a strike over wages and the use of automation, shutting down major seaports.
The dockworkers' strike is a test for Biden — and complicates an already dizzying 2024 presidential race
Biden has said he won't stop the dockworker's strike. But if the strike stretches on for weeks, it could have a major impact ...
Port of Baltimore dockworkers strike as contract expires and negotiations continue
More than 2,000 longshoremen at the Port of Baltimore are on strike after their contract expired at midnight on Tuesday.
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