Rail Strike Looms, Could Further Wipe Out Economy

NEW YORK, NEW YORK - OCTOBER 11: Trains sit at the CSX Oak Point Yard, a freight railroad yard on October 11, 2022 in the Bronx borough of New York City. The country's largest railroad unions announced that they have rejected its deal with freight railroads. The union has said the deal doesn't do enough to address the lack of paid sick time or improve working conditions. (Photo by Spencer Platt/Getty Images)

At a glance

  • While everyone was paying attention to the November election, members of the country’s 12 railroad unions were voting on a labor contract. The process has been a wild ride so far — and it could be headed off the rails.
  • The two largest unions, representing about 62,000 engineers and conductors or about half the entire group, are set to announce vote results Monday, and the health of the U.S. economy is hanging on their yeas and nays.
  • The success of this deal is also a test for the White House, which brokered and sold it as a big win in September.

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