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U.S. Facing Major Labor Strikes?
Axios: New wave of strikes will test worker power
Thousands of John Deere workers hit the picket line this week after the union smacked down a new worker contract from the farm and equipment maker.
Why it matters: There’s a wave of worker angst spreading across the country. They wield new power that’s come with a historic worker shortage.
* “We’ve never had the deck stacked in our advantage the way it is now," Chris Laursen, a worker at an Ottha, Iowa-based John Deere plant told the New York Times.
* “The company is reaping such rewards, but we’re fighting over crumbs here.”
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Update: More than 100K workers threaten strikes as unions flex muscles (The Hill)
WNU Editor: Labor unrest is the last thing that the US economy needs right now. But all signs point to major labor unrest in the U.S., and if inflation, unemployment, and other economic shocks continue in the coming months, it is going to be a very turbulent 2022.
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