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submitted 2 months ago by dead@hexbear.net to c/news@hexbear.net

That would raise average wages to about $63 an hour from $39 an hour over the life of the contract.

The union and the port operators said in a statement that they would extend their master contract until Jan. 15, 2025 to return to the bargaining table to negotiate all outstanding issues.

https://xcancel.com/MorePerfectUS/status/1841973125996585431

https://www.reuters.com/world/us/ship-queue-grows-us-ports-dockworker-strike-enters-third-day-2024-10-03/

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[-] vovchik_ilich@hexbear.net 22 points 2 months ago

There won't be 8% inflation yearly for the following 6 years unless another extreme geopolitical event unfolds

[-] InevitableSwing@hexbear.net 18 points 2 months ago

Chuckling off stage right. Sounds like Israel.

[-] vovchik_ilich@hexbear.net 13 points 2 months ago

There are decades where weeks happen, and there are weeks where decades happen. And the former means stagnation of purchase power and the latter means inflation lol

[-] Dessa@hexbear.net 11 points 2 months ago

I think it's less likely a major geopolitical event DOESN'T happen

[-] vovchik_ilich@hexbear.net 8 points 2 months ago

We're at that moment of history aren't we?

this post was submitted on 04 Oct 2024
198 points (100.0% liked)

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