Clock Ticks for UPS and Teamsters Union, Possible Economic Tremors Ahead

Anderson Economic Group predicts that a 10-day strike could inflict a whopping $7 billion blow to the economy with workers, customers, and UPS itself feeling the sting.

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UPS teamsters and workers wait before a rally, Friday, July 21, 2023, in Atlanta, as a national strike deadline nears. The Teamsters said Friday that they will resume contract negotiations with UPS, marking an end to a stalemate that began two weeks ago when both sides walked away from talks while blaming each other. (AP Photo/Brynn Anderson)
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The pressure is on as UPS and the Teamsters union gear up for critical contract talks on Tuesday. At stake are the wages of around 100,000 part-time workers who keep UPS’ massive operation ticking.

But it’s not just about part-time wages, the details of full-time employees, the faces you see at your doorstep delivering packages day in and day out, remain veiled.

Already, the corporate logistics giant has confirmed a conversion of Tuesday to Saturday workers to full-time status. Yet many major terms are still up in the air. As the clock ticks, the economy braces for possible tremors.

Anderson Economic Group predicts that a 10-day strike could inflict a whopping $7 billion blow to the economy with workers, customers, and UPS itself feeling the sting.


Click play to listen to the report from AURN White House Correspondent Ebony McMorris. For more news, follow @E_N_McMorris & @aurnonline.

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