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2024-10-08 14:05:29

American Enterprise Institute on Nostr: The Longshoremen Are Making the Wrong Demands ========== The International ...

The Longshoremen Are Making the Wrong Demands
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The International Longshoremen’s Association ended a three-day strike on October 3, 2024, after securing a wage increase for 47,000 dockworkers; union president Harold Daggett demands a ban on automation, which is deemed unrealistic; automation has previously led to significant job losses in manufacturing, with 5.8 million jobs lost from the late 1990s to early 2000s, 90% due to automation; the article argues for adaptation to automation rather than blocking it, suggesting a revamped Trade Adjustment Assistance program to support affected workers; the author emphasizes that automation will enhance efficiency and competitiveness in U.S. ports, potentially expanding the workforce instead of shrinking it.

#Longshoremen #Automation #LaborUnions #Wages #TradeAdjustmentAssistance #UsWorkforce #EconomicPolicy #JobLoss #Adaptation #Efficiency

https://www.aei.org/op-eds/the-longshoremen-are-making-the-wrong-demands/
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