Striking unions impacting the economy at a level not seen in decades

Stream NBC 5 for free, 24/7, wherever you are. The auto workers' strike is the latest in a series of labor-management conflicts that economists say could start having significant growth impacts if ... Read More

AOC contradicts Biden, says economy in 'crisis' during union workers speech - Fox News

Rep. Alexandria Ocasio-Cortez seemingly contradicted President Biden and his allies' narrative of the U.S. economy in a speech to union workers over the weekend. Read More

White House urging railroads, unions to come to terms to avert crippling strike - Dallas News

The White House urged labor unions and freight-rail operators to come to an agreement in contract talks, with mounting concern that a strike as soon as Friday could damage the U.S. economy and ... Read More

Railroad unions decry Biden’s call to block possible strike

Biden and House Speaker Nancy Pelosi said that lawmakers will be asked to vote this week to impose the terms of the deals the 12 unions agreed to before an original strike deadline in September ... Read More

Labor flexes its muscle as leverage tips from employers to workers

The changing dynamics of the US labor market, which has put employees rather than employers in the driver’s seat in a way not seen for decades, is allowing unions to flex their muscle. Read More

Unions are the strongest in decades. Nearly a million Americans got double-digit raises as a result - CNN

Nearly 900,000 Americans sitting down to Thanksgiving dinner this week will have unions – and the double-digit pay increases they won – to thank. Read More

UBS Says We're in Labor Environment 'Not Seen for Decades' With New Unions - Business Insider

In 2021, union membership was still low — but pro-union sentiment was at highs unseen since 1965, per Gallup polling. UBS listed three reasons for this new labor environment. The first is a ... Read More

Rail strike averted: Good for the economy, hard on unions

“A strike of that magnitude would have a painful impact on our economy and that is an unacceptable scenario as inflation continues to squeeze West Virginians and Americans heading into the ... Read More

Rail strike 2022 update: Why railroad workers could be striking soon - USA TODAY

Threats of a railroad strike that could debilitate the economy linger after a railroad union rejected its deal with freight railroads Monday. $3,500 iPhone possible? What to know 📋 How to talk ... Read More

How the Dockworkers’ Strike Could Ripple Through the Economy

A strike could cost the economy $4.5 billion to $7.5 billion, or a 0.1 percent hit to U.S. annualized gross domestic product, every week as truckers and other workers dependent on the ports are ... Read More

Striking unions impacting the economy at a level not seen in decades

So far, the United Auto Workers stoppage has impacted just a small portion of the workforce with limited implications for the broader economy. However, if things heat up and it turns into an all ... Read More