1,000 Workers Walk Off the Job at Starbucks

The video discusses the labor market challenges faced by Starbucks, highlighting a significant strike involving over 1000 employees across 50 locations. The strike is driven by union demands for better pay and protections, amid claims of unfair bargaining by Starbucks. Despite being a large employer, Starbucks has low revenue per worker, which may contribute to its sensitivity to employee costs. The video also explores the broader implications of labor bargaining power in the current economic environment.

What significant event occurred a year ago that relates to the current labor situation at Starbucks?

How does Starbucks' employee compensation compare to its ranking among S&P 500 companies?