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Ill prepared for long coal strike threatens US economy
A prolonged nationwide coal strike could slow the economy already weakened by inflation and recession. Analysts warn the auto steel railroad and power sectors would halt, unemployment could reach up to a million, and even short strikes may push up prices and wages. Railroads and steel would bear the earliest impact with substantial layoffs and production cuts possible.
MENTIONED IN THIS ARTICLE
U.S
Ford Motor
John B. Naughton
One
Industry Association
Penn Central
The
Nor
Folk and Western
Chesapeake and Ohio
Bethlehem Steel Corp