British rail and shipping workers went on strike on January 3.

(Bloomberg file photo)

[Financial Channel/Comprehensive Report] Due to inflation intensifying labor disputes, since last year, many port workers in Europe have held large-scale and long-term strikes, causing even more serious manpower shortages in ports that were blocked due to the epidemic, affecting the world supply chain operations.

Protests and strikes took place in major shipping centers around the world last year: South Korean truck drivers stopped working twice within 6 months, disrupting container operations in Busan; some European ports were also severely blocked due to strikes by dock workers in Germany and the United Kingdom, disrupting global industries transportation.

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According to data from the risk security consulting company Crisis24, due to worsening inflation, global port labor unrest has surged. Last year, there were at least 38 protests or strikes that affected the normal operation of ports, more than four times the number in 2021.

The employee union and freight company stated that after the Russo-Ukraine war, the rising cost of raw materials pushed up the pressure of life. The life of workers has been seriously affected by the price of fuel and food, but their wages have been stagnant. Therefore, they launched a strike protest to express appeals.

While the fight against inflation has not been successful, the job market is still tight, and workers are still a force affecting the stability of the supply chain.

A spokesman for Crisis24 said that if the global economic situation does not improve, labor unrest may further worsen.

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