Tag #Labor Contract

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U.S. Dockworkers Ratify Contract, Securing 62% Wage Hike

Over 45,000 U.S. dockworkers ratified a new six-year contract on Tuesday, securing a 62% wage hike, averting potential disruptions until 2030, and increasing the hourly base rate to $63 from $39, resolving a labor dispute that affected 36 major U.S. ports.

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