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Exactly how does a strike work?
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<blockquote data-quote="brownIEman" data-source="post: 3265523" data-attributes="member: 14596"><p>The strike find is intended to help members make ends meet. You would draw a weekly paycheck from the Union during a strike as long as you work your assigned time on the picket line. I think the requirement was about 2 hours/day in '97.</p><p></p><p>In '97 the IBT payed somewhere in the neighborhood of $54/week in strike pay. Locals then added an amount commensurate which the financial strength of that particular local. This amount varied from close to zero to several times what the IBT payed.</p><p></p><p>Your best bet is to save up now, sell UPS stick short just before the strike is announced and then buy back just before a deal to end the strike is announced.</p><p></p><p>Good luck.</p></blockquote><p></p>
[QUOTE="brownIEman, post: 3265523, member: 14596"] The strike find is intended to help members make ends meet. You would draw a weekly paycheck from the Union during a strike as long as you work your assigned time on the picket line. I think the requirement was about 2 hours/day in '97. In '97 the IBT payed somewhere in the neighborhood of $54/week in strike pay. Locals then added an amount commensurate which the financial strength of that particular local. This amount varied from close to zero to several times what the IBT payed. Your best bet is to save up now, sell UPS stick short just before the strike is announced and then buy back just before a deal to end the strike is announced. Good luck. [/QUOTE]
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Exactly how does a strike work?
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