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Labor Strikes and Economic Impacts
This chapter explores the looming threat of a strike by 45,000 longshore workers, which could significantly disrupt the U.S. economy. It examines the negotiation dynamics between unions and employers, highlighting the potential financial losses from strikes and the complex interplay between labor, technology, and market demands. Additionally, the chapter addresses concerning trends related to gambling addiction, particularly among young men, and its implications for society and the economy.