Huge loss to the American railroad sector due to strikes.
Following the threat of the American railroad trade unions to strike on the eve of the New Year holiday, an American company warned of huge losses in just the first week of such a strike.
The American company called “Anderson Economic Group” warned in a new analysis that a nationwide strike in the American railway sector could damage the American economy by one billion dollars in the first week of the strike alone.
CNN reported that a strike in the railway sector could be one of the most destructive and damaging events for the American economy, and in the first three days of such a strike, American workers and consumers will witness a potential loss of 250 million. will be dollars.
Recently, the American media reported that as the New Year holidays are approaching, the workers of one of the most important parts of the supply chain in the United States, the railway sector, have once again threatened to go on strike.
The American base “NPR” wrote that a dispute has arisen between the labor unions belonging to the American freight railway sector and the Joe Biden administration over a five-year contract plan, and an important part of the railway trade unions in the United States disagrees with this. They have rejected the opposition plan.
According to this report, if the unions protesting this plan decide to go on strike, the rest of the unions that agreed with this plan will also follow their strike plan. Although such a strike will be implemented by the unions of the freight railway sector, it will also affect other trains that use the rails owned by the freight companies.
In its analysis, Andersen Economic Group wrote: “The economic effects caused by the strike in the US national railway sector will include lost wages for industrial workers and production slowdowns due to the lack of timely delivery of critical items in some vulnerable industries.”
According to this company’s report, among the important industries that will be severely affected by such a strike in America are ethanol production, retail and agriculture. The Association of Retail Industry Leaders in the United States called on American policymakers to act to prevent a “self-inflicted economic disaster.”