Episodes
Tuesday Oct 08, 2024
Alternative Visions- Behind the ILA Strike + September Jobs Report
Tuesday Oct 08, 2024
Tuesday Oct 08, 2024
Why did ILA union leaders suspend their strike after just 3 days? Some reasons you won’t read in the mainstream media. The Union was in a very strong position to gain its demands, the most important being wage catch up and Artificial Intelligence threat to automate away jobs. After just 3 days the shippers also agreed to union’s demand for 62% wage hike (over 6 yrs.). Why so quickly as well? My Answer: Biden administration behind the scenes warned the ILA it would implement the Taft-Hartley law to force workers back for another 80 days if the union did not go back to work. This was the Biden ‘carrot’ to the ‘stick’ threat of Taft Hartlely. Shippers could easily afford the wage increase but want AI-automation more for long run profits. Now ILA union will resume negotiations in January 15 on the job security AI-automation issue, but without its current bargaining leverage of pre-election and holiday season strike. Second half of show addresses the Sept. jobs numbers explaining why 254k Sept new jobs vs. August’s 128k. Media confused as to the change. Listen to my simple explanation for the Aug v. Sept difference