{"id":33225,"date":"2023-07-09T03:17:18","date_gmt":"2023-07-09T07:17:18","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/us-labor-secretary-sees-no-need-now-to-step-into-ups-teamsters-talks\/"},"modified":"2023-07-09T03:17:19","modified_gmt":"2023-07-09T07:17:19","slug":"us-labor-secretary-sees-no-need-now-to-step-into-ups-teamsters-talks","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=33225","title":{"rendered":"US labor secretary sees no need now to step into UPS-Teamsters talks"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. FILE PHOTO: Julie Su appears before a Senate Health, Education, Labor and Pensions Committee hearing on her nomination to be Labor Secretary, on Capitol Hill in Washington, U.S., April 20, 2023. REUTERS\/Amanda Andrade-Rhoades<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>By Kanishka Singh and Nandita Bose<\/p>\n<p>WASHINGTON (Reuters) -Acting U.S. Labor Secretary Julie Su said on Friday she does not see a need at this stage to step in to urge parties to reach a deal in contract talks between the Teamsters Union and <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> United Parcel <\/span><\/span> Service (NYSE:).<\/p>\n<p>&#8220;That is right,&#8221; Su said on CNN when asked if she felt there was no need for her to intervene at this stage. She added she expected the parties to respect the bargaining process.<\/p>\n<p>On Wednesday, the Teamsters said UPS &#8220;walked away&#8221; from negotiations over a new contract. The company denied that and accused the union of stopping negotiating.<\/p>\n<p>On Friday, White House spokesperson Karine Jean-Pierre told reporters that President Joe Biden&#8217;s administration was in contact with both sides and remained optimistic they would reach an agreement.<\/p>\n<p>&#8220;I don&#8217;t have any information on increased administration involvement, but certainly we remain in contact with both parties,&#8221; Jean-Pierre said.<\/p>\n<p>The sides have traded salvos in statements as they try to avoid a strike when the current contract, which covers some 340,000 workers, expires at the end of July.<\/p>\n<p>If talks break down, UPS workers have already authorized a strike that would be their first since 1997. That strike lasted 15 days, cost the company $850 million, and sent some customers to rivals<\/p>\n<p>Both union and company officials have said they want a deal to prevent a strike, which could put millions of daily deliveries at risk.<\/p>\n<p>After missing out on wage increases during the pandemic, unions are aggressively seeking higher pay and better working conditions, pushing back on contract offers from companies grappling with labor shortages.<\/p>\n<p>Su recently helped negotiate a crucial contract deal between U.S. West Coast seaport employers and a union representing 22,000 workers.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/us-labor-secretary-sees-no-need-for-now-to-step-into-talks-between-ups-teamsters-3121683\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. FILE PHOTO: Julie Su appears before a Senate Health, Education, Labor and Pensions Committee hearing on her nomination to be Labor Secretary, on Capitol Hill in Washington, U.S., April 20, 2023. REUTERS\/Amanda Andrade-Rhoades By Kanishka Singh and Nandita Bose WASHINGTON (Reuters) -Acting U.S. Labor Secretary Julie Su said on Friday she does not [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":33226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-33225","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US labor secretary sees no need now to step into UPS-Teamsters talks | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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