Labor: A Need for Jawboning

President Johnson's 3.2% guidelines for wage and price increases are, in the light of some 1966 labor contracts negotiated with Administration approval, about as up-to-date as last year's newspaper. Nevertheless, the Administration intends to carry on what an aide calls "a jawbone campaign" urging wage restraint and a return to 3.2%. The reason is that wages are a key factor in the fight on inflation, and in 1967 no less than 32 major contracts will be up for renegotiation.

Of the 32, twelve are especially critical because they involve large groups of workers and some basic industries. The twelve:

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