In '82, unions may be talking more about givebacks than pay increases
For millions of American workers, 1982 will be a year of anxious waiting. With unemployment reaching toward 9%, and perhaps higher, and an economy starting the year in a steep decline, employees will be worrying about job security and the prospect of very modest pay increases.
Major labor negotiations are due to take place during the year. The auto and rubber workers and the teamsters are all bargaining for new contracts. Although such groups represent only a small fraction of the total American labor force, they traditionally have set the...
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