All labor in American Corporations are facing grueling schedules, on call for weeks at a time and face understaffing of shifts.
The link attached is economist Robert Reich’s assessment of today’s potential Labor strike. Labor is correct in wanting 10 -15 paid sick leave and a weekly schedule.
Profit margins for Railroads have gone from 15% , 20 yrs ago to 41% today. As a small business owner, it was impossible to make 41%. I offered paid sick leave, healthcare and a schedule. 10 yrs ago 29% was a good profit and labor was 45-50% of your overheads. It’s not Labor causing inflation or our state of inequalities, it’s Corporate Greed.
In 2021, the average Corporate CEO salary was $18.3 million, while the average employee salary increase was a $1303 yearly increase. Statistics according to the AFL-CIO.