President Joe Biden on Friday signed a bill to avert a nationwide rail strike, forcing the adoption of a labor agreement brokered by his administration in September that thousands of union workers opposed.
PUBLISHED 12:15 PM EST Dec. 02, 2022President Joe Biden on Friday signed a bill to avert a nationwide rail strike, forcing the adoption of a labor agreement brokered by his administration in September
Workers were set to strike on Dec. 9, something that could have cost the economy around $2 billion per day once it began, according to a report from the Association of American Railroads. The House this week also passed an extra measure to give workers seven paid sick days, but it failed in the Senate on Thursday, with most Republicans and Democrat Joe Manchin of West Virginia voting against the addition.
The compromise labor agreement was brokered by the Biden administration in September, and it was favored by the railroads and a majority of the unions — but was opposed by four of the 12 unions, which in total represent roughly 115,000 employees at large freight railroads.
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