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American labor outlook in 1975 faces recession and wage pressure
Washington reports a dim 1975 for American labor as inflation, recession, and rising unemployment strain bargaining. About 800 major contracts cover 2.5 million workers, with 500000 more under 1976 wage deals, while unions seek job security and bigger cost of living protections amid a weakening economy.
MENTIONED IN THIS ARTICLE
Washington
Federal Mediation Service
I Usery Jr
Usery
United Electric Workers
General Electric
International Longshoremen’s Union
Ford Administration
Navien
United Mine Workers Union
U.S. Postal Service
Organized Labor
Congress
Afl-Cio
Ford
George Meany