IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

US: Major work stoppages in 2017

February 12, 2018

In 2017, there were 7 major work stoppages comprising 1,000 or more workers and lasting at least one shift, the U.S. Bureau of Labor Statistics reported. This represents the  second lowest number of major work stoppages recorded in a year, with the lowest annual total being attributed to 2009 with 5. Additionally, major work stoppages beginning in 2017 idled 25,000 workers, the second lowest number of workers idled annually since 1947. The lowest number of workers idled was 13,000 in 2009.

The information industry sector had the most workers idled by a major work stoppage with 15,000 workers, which accounted for over half of all workers idled. Public administration accounted for the second largest number of workers idled by major work stoppages with over 5,000 workers, or a fifth of all workers idled.

For the 2017 period, the largest major work stoppage by days idle occurred between Charter Communications and the International Brotherhood of Electrical Workers union with 345,600 total days idle and involving 1,800 workers. This work stoppage was one of two major work stoppages within the information industry, the second was between AT&T and the Communication Workers of America involving 13,200 workers and lasting one day. The work stoppage between the Chicago New Car Dealer Committee and the International Association of Machinists and Aerospace Workers union involved 1,700 workers for a total of 56,100 days idle.

Source: U.S. Bureau of Labor Statistics

 

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