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One of the largest railroad unions in the U.S. recently rejected its labor deal, potentially leading to a strike in weeks, just before the holidays. The vote was split: engineers approved the deal, while conductors did not. This agreement was previously brokered by the White House in September. The key issue now revolves around sick leave for workers. A strike could occur by December 9th unless an agreement is reached or Congress intervenes, which seems increasingly likely. Economists warn that further disruption to freight rail service would negatively impact the recovery of the supply chain.
