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Strike action, also called labor strike, labour strike in British English, or simply strike, is a work stoppage caused by the mass refusal of employees to work. A strike usually takes place in response to employee grievances. Strikes became common during the Industrial Revolution, when mass labor became important in factories and mines. As ...
A general strike is a strike action in which participants cease all economic activity, such as working, to strengthen the bargaining position of a trade union or achieve a common social or political goal. They are organised by large coalitions of political, social, and labour organizations and may also include rallies, marches, boycotts, civil ...
Industrial action (British English) or job action (American English) is a temporary show of dissatisfaction by employees—especially a strike or slowdown or working to rule—to protest against bad working conditions or low pay and to increase bargaining power with the employer and intended to force the employer to improve them by reducing productivity in a workplace.
Work-to-rule, also known as an Italian strike or a slowdown in United States usage, called in Italian a sciopero bianco meaning "white strike", [1] is a job action in which employees do no more than the minimum required by the rules of their contract or job, [2] [3] and strictly follow time-consuming rules normally not enforced. [4]
Prevailing economic conditions, the shape of the yield curve, and the volatility of interest rates. upsloping yield curve—caps will be more expensive than floors. the steeper is the slope of the yield curve, ceteris paribus, the greater are the cap premiums. floor premiums reveal the opposite relationship.
A lockout is a work stoppage or denial of employment initiated by the management of a company during a labor dispute. [1] In contrast to a strike, in which employees refuse to work, a lockout is initiated by employers or industry owners.
A stoppage could involve up to 45,000 workers at ports that account for roughly 60% of U.S. shipping traffic, leading to a major disruption of shipments, Oxford Economics said in a report.
In labor disputes, a walkout is a labor strike, the act of employees collectively leaving the workplace and withholding labor as an act of protest.. A walkout can also mean the act of leaving a place of work, school, a meeting, a company, or an organization, especially if meant as an expression of protest or disapproval.