Amazon workers decide union vote

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NEW YORK – The battle to organize Amazon workers intensifies after labor officials officially set a date for a union election at a New York facility next month.

The election, to be held in person, is scheduled for March 25-30, the National Labor Relations Council confirmed on Thursday.

The vote count will take place on March 31. A fledgling independent group called the Amazon Labor Union is spearheading the push.

Meanwhile, Amazon workers at a factory in Bessemer, Alabama, are voting by mail for the second time on whether to form a union.Voting began Feb. 4 and ballots must be returned to the NLRB regional office by March 25. The counting of votes begins on March 28.

Fed official urges caution with hike

NEW YORK – The Federal Reserve should start raising interest rates next month to help contain too-high inflation, Federal Reserve Bank of New York President John Williams said Friday.

But he added that rate hikes may not need to start as strong as some have suggested.

With inflation at its highest level in two generations, the Fed is expected to seek to cool the economy by raising its benchmark short-term interest rate from its record low of near zero. , where he has been throughout the pandemic.

The only question has been how big and how fast it will be, as an overly aggressive approach could stifle the economy while too much caution could let inflation soar further.

From thread reports

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