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That would raise average wages to about $63 an hour from $39 an hour over the life of the contract.
The union and the port operators said in a statement that they would extend their master contract until Jan. 15, 2025 to return to the bargaining table to negotiate all outstanding issues.
https://xcancel.com/MorePerfectUS/status/1841973125996585431
The Taft Hartley Act gives the president power to order striking workers in important industries back to work for 90 days.
Reagan infamously used this to force air traffic controllers back to work while firing thousands of them while they were on strike.
The only protection they have from layoffs are their own funds. Unions set aside money into strike funds to cover everyone's bills when they do have to strike.
What's interesting though is last week Biden straight up said he doesn't believe in Taft Hartley, which is a crazy thing for a president to say lol.