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Posts published in “Financial”

Work Stoppages Increase Significantly in US, Indicating Tight Labor Market and Workers Pressuring Employers for Better Pay and Working Conditions

A recent study from Cornell University has revealed that the number of work stoppages in the US has increased significantly in the past year, with 424 work stoppages of all sizes in 2022, up from 279 the previous year. This increase is indicative of a tight labor market, as workers take advantage of the situation to press employers for better pay and working conditions. Miller, a Teamsters Local 230 member, led one of these strikes, with 230 of his coworkers, in order to press their employer, Sysco, for better pay and working conditions.