The strike, which began on Tuesday, threatened to weigh on the economy five weeks before national elections, showcasing the critical timing of the labor dispute.
Employers have offered to increase wages by 62 percent over the course of a new six-year contract, reflecting a significant improvement in negotiations.
The International Longshoremen's Association temporarily suspended the strike after receiving a better wage offer, allowing members to return to work as talks continue.
Despite the improved offer, it is noted that the wage increase is below the union's initial demands, highlighting ongoing negotiations over other outstanding issues.
Collection
[
|
...
]