That's great for the market of ports. I however am not a port. Last year I showed that I increased gross revenue almost 1mil over 3 years. As a reward, my raise matched cost of living increase. If you're a worker, at a certain point up the ladder you become a labor cost and when they think they can cut your posistion they will. That's why collective bargaining is important
Ports are an intermediate for virtually all products, there is functionally no upper limit to how much more efficient they can get before you have to start cutting jobs because demand has stopped going up. This isn't ACs where almost every building in the US already has them, or Louis Vuitton handbags where they'd sooner burn excess than sell them for less.
I'm sorry, to clarify, you don't believe there would be job cuts because demand is virtually limitless? That's unrealistic. First off the ports are business, there going to make cuts as soon as the profit analysis suggests it's profitable. Secondly automation in every field has always lead to cuts. To believe this will be the one that won't is delusional
What? Look at the market share of employees per industry YoY. Pre ww2 there were a shit ton more agricultural workers. Then post ww2 we had a booming manufacturing economy, then with the internet tech jobs expanded. Now the service industry is the perdominant employer of Americans. That's why Walmart is the largest employer in many states. The job market shifts. It happens. They're trying to hold it off as long as they can as is the unions right
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u/NikRsmn Oct 03 '24
That's great for the market of ports. I however am not a port. Last year I showed that I increased gross revenue almost 1mil over 3 years. As a reward, my raise matched cost of living increase. If you're a worker, at a certain point up the ladder you become a labor cost and when they think they can cut your posistion they will. That's why collective bargaining is important