Acting Labor Secretary Julie Su is in California to facilitate labor negotiations between shipping companies and dockworker unions. Workers have been without a contract since the summer of 2022 while negotiations have been ongoing.
There have been some supply disruptions as the shipping companies and dockworkers have yet to come to an agreement. Some West Coast ports have temporarily shut down during the contract talks.
The U.S. Chamber of Commerce recently informed the White House, “The economic costs of a dispute that results in a port closure would be devastating to consumers and businesses, which are already enduring historically high levels of inflation.”
The Chamber of Commerce estimates that a strike at the Los Angeles Port alone could cost the U.S. economy $500 million per day. That amount could double if other Pacific ports were involved.
As the Lord Leads, Pray with Us…
- For Acting Labor Secretary Julie Su to be prudent in her approach to facilitating negotiations.
- For the president and labor officials as they support the labor contract talks.
- For Chamber of Commerce CEO Suzanne Clark as she advises the president’s administration.
