Biden signs bill averting rail worker strike despite lack of paid sick days
Joe Biden,Economy And Jobs,Unions,Railroad Strike,Supply Chains,Business,Blue Collar Workers
President Joe Biden signed a bill into law making a rail strike illegal, preventing workers from walking off the job weeks before the holiday season.
“The bill I’m about to sign ends a difficult rail dispute and helps our nation avoid what, without a doubt, would have been an economic catastrophe at a very bad time in the calendar,” Biden said Friday morning before signing the bill.
After his administration aided in negotiations for months, and the sides reached a tentative agreement in September, talks ultimately stalled and rail workers threatened a strike. Biden then asked Congress to intervene, and the Senate passed a bill Thursday making a strike illegal.
The initial agreement brokered by the Biden administration was accepted by all but four rail unions, who were holding out for guaranteed paid sick leave days. The opposing unions, though, represent the majority of rail workers. The workers and companies had until Dec. 9 to reach an agreement before they vowed to strike, which the industry estimated would cost the U.S. economy $2 billion per day.
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