Steel strike shows inflation as core issue facing industry
The Steelworkers union calls a half-million workers out after rejecting inflationary wage demands. The Companies argue further increases would spark nationwide price rises and harm workers and the economy. They propose extending current wages and benefits with safeguards and offer insurance and pension improvements to avoid inflationary pressures.
MENTIONED IN THIS ARTICLE
Steelworkers’ Union
America
Steel
Also Mentioned on This Page
UNION
the Steel Companies Coordinating Committee
Lexington Avenue
New York
Allegheny Ladium Stee! Corporation
Armco Stee! Corporation
Bethlehem Steel Company
The
Colorado Fuel & Iron Corporation
Great Lakes Steel Corporation
Inland Steel Company
Jones & Laventin Steel Corporation
Kaiser Steel Corporation
Republic Steel Corporation
United States Steel Corporation
Wheeling Steel Corporation
Youngstown Sheet & Tube Company