look news india
Washington, October 04 (HS). The International Longshoremen's Association on Thursday announced the suspension of the dockworkers' union strike. The strike worsened the situation at major ports on the East and Gulf coasts. Association leaders say port employers have proposed better wages. Therefore it was decided to postpone the strike.
According to The New York Times, the dockworkers' union began a strike on Tuesday, threatening to hit the economy five weeks before a national election. The United States Maritime Alliance has offered a 62 percent increase in wages during the upcoming six-year contract, according to a person involved in negotiations between the association and employers.
In a statement, the association said a temporary agreement on wages had been agreed. Its 45,000 members will return to work. The existing contract has been extended till January 15. Other pending issues are yet to be discussed. It is noteworthy that this agreement was reached after the intervention of the White House. It is noteworthy that this is the second major strike after 1977, which increased the problems of the White House. The association's 78-year-old president, Harold J. Daggett said it's a victory for the third generation dockworker.