adplus-dvertising
Connect with us

Economy

Biden on the sidelines of 'Striketober,' with economy in the balance – NBC News

Published

 on


WASHINGTON — As a wave of workers across the country take to picket lines, President Joe Biden is witnessing a resurgence in the labor movement he spent decades championing — at a time when it could hamper the economic recovery he is fighting to protect.

Biden has said that he supports the workers’ right to strike but that he is “not going to get into the negotiation,” and White House officials say he doesn’t plan to get involved in any of the labor disputes involving more than 100,000 workers across the country. Instead, he has taken the position that the decision to strike is up to the workers, leaving it to them and their employers to resolve disputes, the officials said.

It’s a shift for Biden. As a presidential candidate and a senator, Biden joined picket lines and tweeted out support for striking workers. He has called himself the most pro-labor president in history, having come out in support of Amazon workers trying to unionize and repeatedly inviting labor leaders to the White House.

Oct. 20, 202102:11

But President Biden faces a different dynamic from candidate Biden, because strikes risk adding to labor shortages and supply chain disruptions that are already driving up prices as the global economy reels from pandemic strains. While the strikes could benefit workers by driving up wages in the long term, the near-term impact of persistent or growing work stoppages could include worst-case scenarios like food shortages or lack of access to hospitals.

“This will come at an economic cost to employers and therefore the economy, and I think that may be why Biden has gone a little silent,” said Ariel Avgar, an associate professor of labor relations, law and history at Cornell University. “It is tricky for him. On the one hand, he is on the record supporting unions and their ability to use collective action. On the other hand, the point of strikes is to extract an economic price for employers unwilling to negotiate in a way the union feels is appropriate.”

There have been 184 strikes by health care to factory workers this year after the coronavirus pandemic aggravated concerns over low wages and poor working conditions, and the tight labor market has given workers more leverage. Among the strikers are more than 10,000 John Deere workers who went on strike this month. More than 24,000 health care workers at Kaiser Permanente are preparing to strike, joining thousands of nurses and other health care workers elsewhere who have been striking for months.

Biden made his only comments about what has been dubbed Striketober in response to a reporter’s questions last week.

“They have a right to strike, and they have a right to demand higher wages, and the companies they’re striking on are doing very well,” Biden said. “I’m not going to get into the negotiation, but my message is: If you think that’s what you need, then you should do it.”

A White House official said that Biden has spoken extensively about his support for unions and collective bargaining and that he believes “workers have a right to strike and government’s job is to defend that right.” Press secretary Jen Psaki framed the strikes as a positive sign for the economy when she was asked about them last week.

The message stops short, however, of specifically supporting the workers who are on strike, which Biden could do without getting directly involved in any negotiations.

“A statement that the president supports the right isn’t much in and of itself, because the right is already there in law. It would be a bolder statement that he supports workers on strike,” said Robert Reich, who was labor secretary during the Clinton administration. “He could come out with a statement saying many of these workers have been crucial during the pandemic, essential workers, the nurses, they are all entitled to better pay and better working conditions.”

Some of those on the front lines have been eager for Biden and his administration to take a more active role. David Schildmeier, a spokesman for the Massachusetts Nurses Association, said he is being asked almost every day by nurses striking outside Saint Vincent Hospital in Worcester, Massachusetts, why Biden hasn’t given his support or whether Vice President Kamala Harris would be willing to come to the picket line.

Marlena Pellegrino, who has worked at the hospital for 35 years, and 700 other Saint Vincent nurses have been picketing for more than eight months. Many of them have lost their health insurance benefits and are starting to look for other work. The nurses initially began striking to improve staffing levels, but the issue has turned to whether they will be allowed to return to their jobs once the strike is over, Pellegrino said.

“It is time for someone to step up,” she said. “We would absolutely love and implore the president to get involved. There hasn’t been any direct involvement at that level.”

While Biden has yet to get directly involved in any of the strikes, some of his top officials have, both publicly and behind the scenes. Labor Secretary Marty Walsh has been in contact with the striking nurses at Saint Vincent hospital, in his home state, and made calls on their behalf, Schildmeier said. Agriculture Secretary Tom Vilsack joined striking John Deere employees on the picket line in his state, Iowa, on Wednesday.

“These folks were very supportive of me when I ran for governor, and it’s something that you don’t forget, especially when you’re behind and not many people had that faith and confidence in you,” Vilsack told the John Deere workers. “You remember the people that did. When they need somebody to give them a pat on the back, I want to be here for them.”

Biden’s nominee to be chief labor mediator, Javier Ramirez, whose task it is to help resolve and prevent disputes, has contacted officials with Kaiser Permanente and the union weighing a strike against it, said Maureen Anderson, the chief of staff for the Alliance of Healthcare Unions, which is representing the Kaiser workers.

While not specifically addressing the strikes, Harris and Walsh met Wednesday with federal workers and announced administration policies to help inform workers of their rights to organize as part of the White House Task Force on Worker Organizing and Empowerment.

There are some actions a president can take to resolve a strike, such as forcing both sides back to the negotiating table under laws allowing presidents to intervene in airline or railway strikes or when a strike reaches the level of a national emergency that jeopardizes health and safety.

The moves are often seen as hindering workers’ rights, and they usually require a strike to have larger economic consequences beyond a single industry or region. But presidents can show their support for a particular movement, which Avgar of Cornell said he is surprised he hasn’t seen from Biden, given his strong support for unions in the past.

“It isn’t surprising politically to try to walk a fine line” when it comes to supporting the labor movement, he said. “But not coming out with the full-throated support he did previously is surprising.”

Pellegrino said she has seen the power national figures can have in resolving strikes. The last time the Saint Vincent nurses went on strike, Sen. Ted Kennedy stepped in and brokered a deal. Ultimately, an agreement was reached in Kennedy’s Senate office with the two sides in separate rooms and Kennedy and his staff mediating.

“We are fighting corporate America, just the 700 of us, and that is not a lot of people. It feels like David and Goliath,” she said. “We are feeling the onus on our shoulders, and we are carrying this weight. It is very overwhelming.”

Adblock test (Why?)

728x90x4

Source link

Continue Reading

Economy

S&P/TSX composite gains almost 100 points, U.S. stock markets also higher

Published

 on

 

TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.

The S&P/TSX composite index closed up 93.51 points at 23,568.65.

In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.

The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.

The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.

The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.

This report by The Canadian Press was first published Sept. 13, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Economy

Statistics Canada reports wholesale sales higher in July

Published

 on

 

OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.

The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.

The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.

The personal and household goods subsector fell 2.5 per cent to $12.1 billion.

In volume terms, overall wholesale sales rose 0.5 per cent in July.

Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.

This report by The Canadian Press was first published Sept. 13, 2024.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Economy

S&P/TSX composite up more than 150 points, U.S. stock markets mixed

Published

 on

 

TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 172.18 points at 23,383.35.

In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.

The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.

The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.

The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.

This report by The Canadian Press was first published Sept. 12, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending