How much the dock workers’ strike stings turns on how long it goes, experts say
A port strike lasting more than a week would likely drive up the cost of fruit and vegetables at the supermarket, said Gus Faucher, chief economist at PNC Financial Services, but it would take a walkout of three or four weeks for consumers to see price increases for such things as furniture, clothing and other nonperishables.
Q&A: How Soon Will You Feel the Impact of the Port Workers’ Strike?
A. Rising inflation, more work to keep up with demand, a tightening labor market, and threat to jobs from AI and automation are some of the key factors. We have seen a rising trend among blue-collar workers, including autoworkers at car plants, machinists at Boeing, and the threat of strikes from railroad workers, cargo movers and truckers.
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