East coast dock workers went on strike today, bringing ALL east coast shipping ports to a grinding halt.
They have rejected a 50% pay increase (west coast dock workers last year agreed to a 32% pay increase). They want a 77% raise and no use of automation. I'm not sure which of those seems like a bigger reach.
At least retailers supposedly worked in anticipation of this to stock up so consumers shouldn't feel the effects for a few weeks, except maybe on some very perishable items like bananas.
They have rejected a 50% pay increase (west coast dock workers last year agreed to a 32% pay increase). They want a 77% raise and no use of automation. I'm not sure which of those seems like a bigger reach.
At least retailers supposedly worked in anticipation of this to stock up so consumers shouldn't feel the effects for a few weeks, except maybe on some very perishable items like bananas.