Most hours lost in decades

Strikes in the U.S. are hitting the economy at a level not seen in decades. 4.1 million labor hours were lost in August, the most in 23 years. Year to date, 7.4 million hours have been lost, compared with 636 hours for the same period last year. And more strikes could come. "If you're … not anticipating labor demands, you're not tethered to reality," Joseph Brusuelas, chief economist at RSM, said. $SPDR S&P 500 ETF(SPY.US)$ $Invesco QQQ Trust(QQQ.US)$ $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$