Worker strikes were a significant issue in 2024. From dockworkers to Starbucks baristas, tens of thousands of employees walked off their jobs in conflict with management.
Several of the strikes were more local, not affecting overall operations, but one strike could have caused supply chain issues that would have impacted the holiday season and beyond.
PORT STRIKES COULD HAVE ‘DEVASTATING’ IMPACT TO ECONOMY, RETAIL TRADE GROUP SAYS
Port Workers Strike
On October 1, approximately 47,000 dockworkers from the International Longshoreman’s Association went on strike, affecting 36 ports on the Gulf and East coasts. It was the first strike on the East and Gulf ports since 1977. The strike came about as a result of failed negotiations with the U.S. Maritime Alliance over pay and automation at the ports.
One analysis by J.P. Morgan said the strike could cost the U.S. economy up to $5 billion per day.
The strike was suspended after two …