Union dockworkers at ports across the U.S. began walking picket lines early Tuesday, snarling the movement of billions of dollars' worth of goods.
Union dockworkers at ports across the U.S. began walking picket lines early Tuesday, snarling the movement of billions of dollars' worth of goods.iframe src="https://www.npr.
"I don't believe in Taft-Hartley," President Biden told reporters on Sunday, citing the federal law that allows the President to call for an 80-day cooling off period when the nation's safety is at risk.How big an economic impact the strike will have depends on how long it lasts. “Consumers love to buy your favorite bottle of American whiskey or scotch or Irish whiskey or cognac as holiday gifts," says Chris Swonger, the council's CEO."Even a day’s strike could have repercussions along the line."Companies have made contingency plans to blunt some of the economic impact.
Goods that are already on ships headed to ports affected by the strike will just have to sit offshore until the strike is over, Petersen says. The alliance said its latest offer would increase wages by nearly 50% and triple contributions to employee retirement plans. Jobs at the ports have traditionally been among the best-paying blue-collar jobs in the country, often topping $100,000 a year. But Daggett says the port operators should pay workers more.
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