it would be the costliest work stoppage ever in u.s. history according to the anderson economic group, a research firm who estimates that a 10 day u.p.s. strike would cost the u.s. economy over $7 billion. one of the biggest sticking points in this contract negotiations, which by the way both sides have agreed to about 95% of the contract, one of the biggest sticking points is part-time workers. they make $16.20 starting waning. and wage. and the leadership says that that number goes to above $20 to start. average part-timer making 20 bucks. mean while full-time making roughly $95,000 a year. here is what else. the general president of the union had to say about negotiations. we did not get a deal. u.p.s. has chose to strike themselves.
no agreement is reached. isabel isabel rosales has more. reporter: they say they are ready to go on sfriek if it comes to that. the leverage point is 340,000, the number of people that work the u.p.s. they insist they are ready to get this started day one if u.p.s. cannot concede to their terms. and if it does come to a strike, it would be the costliest work stoppage ever in u.s. history according to the anderson economic group, that s a research firm who estimates that a ten-day u.p.s. strike would cost the u.s. economy over $7 billion. one of the biggest sticking points in these this contract negotiations, which, by the way, both sides have agreed to about 95% of the contract, one of the biggest sticking points is part-time workers. they make $16.20. the starting language. and we heard from leadership
that they have that work at u.p.s. they insist they are ready to get it started day one if u.p.s. could not concede to their terms. and it is a strike, it is the costliest work stoppage ever in work history, that is according to the anderson economic group, a research firm that estimated a 10-day u.s. strike would cost the economy over $7 billion. one of the biggest sticking points in that contract negotiation, which both sides have agreed to about 95% of the contract, one of the biggest sticking points is part-time workers. they make $16.20 as a starting wage and that is not a liveable wang. that into he hads to go above $20 to start. the average part-timer making $20. meanwhile, full time workers making $95,000 a year.
exclusively package handlers and sorters. without these folks you re not going to get the package delivered to your front door. their starting salary $16.20, on average they make $20. they say they can t live off of that money, especially in places like california and new york. the average u.p.s. full-time worker makes $95,000 a year but they re all unified in this, and getting ready to strike if it comes to that. listen to what one of these part-time workers had to say. she has three boys and says she can barely pay her bills. the packages don t move unless we move them. the stuff doesn t go anywhere unless we move it. we re the ones that are making the money and we don t see any of it. like you re getting million dollar salaries and stuff and we re over here struggling to survive. how is that fair? you ve already gotten our blood, our sweat, our tears and everything, you know, it s taxing on the body.
jim, the union, the teamsters insist that they are ready to go on strike if it comes to that, if a deal can t be reached. for two weeks now they have been practicing across the nation with practice pickets with rallies like ones that we saw right here in atlanta. hundreds of people filling this hall, holding up signs like this, time to pay up. just practicing for a just contract. now, according to the anderson economic group, that s a research firm, a strike would be costly to the united states and ten-day u.p.s. strike they estimate would cost the economy $7 billion, making it the costliest work stoppage ever in u.s. history. 95% of the contract between both sides has been negotiated and is done so far, but that 5%, what is stopping them from reaching a deal here, one of the biggest points, is part-time workers specifically their compensation. starting pay is $16.20, with the