US dockworkers launch mass strike month before election
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Tens of thousands of dockworkers at major US East and Gulf Coast ports went on strike on October 1, 2024, marking the first coast-wide strike in nearly 50 years; the strike affects 36 ports and could cost the US economy $4.5 billion to $7.5 billion weekly; Harold Daggett, head of the 85,000-member International Longshoremen's Association (ILA), stated they are prepared to strike as long as necessary for better wages and protections against automation; the strike poses challenges for President Joe Biden and Vice President Kamala Harris ahead of the November presidential election; the ILA rejected a final proposal from the United States Maritime Alliance (USMX) before the contract expired; ILA members are demanding a 77% wage increase over six years; USMX's latest offer included a nearly 50% wage increase and improved retirement contributions; New York Governor Kathy Hochul announced preparations for disruptions; the strike follows other high-profile labor actions in the US.
#Dockworkers #Strike #Economy #Election #Labor #Ila #Usmx #Biden #Harris #Wages
https://www.legit.ng/business-economy/economy/1616948-us-dockworkers-launch-mass-strike-month-election/
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