🧵 1. Tensions rise as 650,000 US workers threaten strikes for better benefits, wages amidst surging inflation - Bloomberg #business
🧵 1. Tensions rise as 650,000 US workers threaten strikes for better benefits, wages amidst surging inflation - Bloomberg #business
🧵 2. Negative real wage growth for two years pushes working poor to drain savings and max out credit cards to make ends meet
🧵 (Summary: Workers struggle with financial hardships)
🧵 3. Unions leverage upcoming contract expirations with companies to negotiate higher wages and benefits; profits are high enough
🧵 4. Potential "Summer of Strikes" looms as 650,000 American workers prepare to walk off the job; major industries at risk
🧵 5. Rising inflation leads to summer strikes in the US and Europe; labor actions driven by cost-of-living crisis
🧵 (Summary: Global impact of strikes due to inflation)
🧵 Read more at: https://www.zerohedge.com/political/summer-strikes-650000-american-workers-threaten-walk-job