What does "negotiation impasse" signify?

"Negotiation impasse" signifies a situation where the parties involved in negotiations are unable to reach an agreement despite having engaged in extensive bargaining efforts. This term is often used in labor relations to indicate that the discussions have reached a deadlock, where neither side can make concessions or find common ground to move forward.

In labor negotiations, an impasse can arise from significant differences in priorities, such as wage demands, working conditions, or benefits. When an impasse occurs, it may lead parties to explore alternative dispute resolution methods or involve a third party to help facilitate a resolution. However, the key component of an impasse is the inability to advance negotiations towards a successful outcome.