Deadline to avoid a national rail strike which could cost economy $2 billion a day is near
- The Association of American Railroads has released a report projecting the economic impact of a nationwide railroad strike could be more than $2 billion a day.
- A cooling-off period for negotiations expires September 16, when unions can strike.
- Five of the 12 unions have reached voluntary agreements with the railroads.
- Wage increases proposed by an emergency board appointed by President Biden would be the most substantial in at least 40 years of rail labor negotiations.
https://www.cnbc.com/2022/09/08/deadline-for-rail-strike-which-could-cost-2-billion-a-day-nears.html
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