Back in 2002, the Oakland longshoremen went on strike because they were against new technology which could cut their jobs. The issue was quite contentious, and it was a matter of “national security” the union get back to work according to many politicians. What I remember most clearly, however, were salary figures that just boggled my mind.
According to widely spread documentation at the time, the International Longshore and Warehouse Union (ILWU) required their longshoremen to work no longer than 35 hours a week. Furthermore, it was cited that the average income for an Oakland longshoreman was between $100,000-$120,000, with many senior employees earning $160,-190,000. When I read the news, it was about 8pm and I had been in the office since 5:45am. For that one day, I dreamt I was a longshoreman.
HOW DOES MAKING $229,000 A YEAR SOUND, RETIRED?