Reported 2 days ago
US dockworkers' strike has concluded following a tentative labor agreement between the International Longshoremen's Association (ILA) and the US Maritime Alliance. Transportation Secretary Pete Buttigieg spoke on Yahoo Finance about the strike's minor impact on consumers and the positive adjustment in wages for workers, noting a significant gap between corporate profits and dockworker wages. He highlighted that these raises are a crucial step in addressing longstanding wage inequality and ensuring the health of supply chains.
Source: YAHOO