Potential Labor Strikes Worsen Companies’ Inflation Struggle

Hollywood actors join the industry’s writers on the picket line after their union, the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA), authorized a strike against major studios, outside of Warner Bros. Studios in Burbank, Calif., on July 14, 2023. Jill McLaughlin/The Epoch Times

Commentary

Businesses have already been struggling with inflation for more than a year. But this summer, the biggest wave of labor strikes in more than 50 years will further complicate their inflation fight.