Tight U.S. job market triggers strikes for more pay

Healthcare workers take part in a strike to protest working conditions in hospitals amid the coronavirus disease , at Mercy Hospital in Buffalo, New York, U.S., October 4, 2021. REUTERS/Lindsay DeDarioOct 18 - Thousands of workers remain on strike across the United States demanding higher pay and better conditions despite Hollywood make-up artists and camera operators reaching a deal over the weekend to avoid a walkout, and the tight jobs market has only emboldened them.

Some 60,000 behind-the-scenes workers on movies and TV shows on Saturday avoided joining the Kellogg strikers, but the near-walkout was the latestwho say they are fed up with meager or no raises and other givebacks. Kellogg officials could not be reached for comment but have said the company's compensation is among the industry's best.

Labor activists complain that while many of their members were deemed essential during the COVID-19 crisis, that has not been reflected in how they are treated by employers. With an administration in the White House that they see as sympathetic and a job market that sawSo far, at least 176 strikes have been launched this year, including 17 in October, according to Cornell University's Labor Action Tracker.

"Workers are on strike for a better deal and a better life," Liz Shuler, president of the AFL-CIO, the nation's biggest labor federation, said last week at a SABEW journalism conference. "The pandemic really did lay bare the inequities of our system and working people are refusing to return to crappy jobs that put their health at risk," she added, noting that the term #Striketober was trending on Twitter.

Go, workers!

Supply and demand...😉 Economics

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Column: Global oil market is tight, despite what producers say: KempGlobal petroleum inventories have fallen to their lowest seasonal level for seven years as producers have failed to raise output to match the rapid rebound in consumption since last year’s coronavirus-driven recession. expect oil prices to go up to $100 then to $150 per barrel.
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