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| Economy |
| Potential Rail Strike Status |
| 2022-09-08 |
| [Yahoo] Five of the 12 unions representing rail workers have reached tentative agreements with railroads to enact the Presidential Emergency Board (PEB) recommendations, which call for 24 percent pay raises, back pay and cash bonuses. But the bulk of railroad workers belong to unions that haven't yet agreed to a deal. It's also unclear whether workers would vote to ratify PEB recommendations that don't address their concerns about punishing hours and rigid schedules that make it difficult to take time off for any reason. ... Federal law gives Congress the power to block or delay a railroad strike. If workers were to walk out, lawmakers could vote to enact the PEB deal or appoint arbitrators to fast-track a new contract, among a range of other options. |
| Posted by:Lord Garth |