
Economic Issues | |
Unions Revive Wage Issues |
For the first time in many years, organized labor is focusing much more on economic gains for its members, while also pursuing broader job security goals, labor experts report. Some unions are winning big pay gains -- raising the prospect of wage inflation. Nevertheless, analysts caution that it is still too soon to declare the era of muted wage gains over.
Cornell University industrial relations professor Harry Katz says that labor has had the most success in industries that are both heavily unionized and are experiencing solid economic performance -- particularly aerospace, autos, steel, trucking and the airlines. Source: Glenn Burkins, "Organized Labor Is Seeking Big Pay Gains," Wall Street Journal, September 3, 1999. For more on Wages http://www.ncpa.org/pd/economy/econ7.html |
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