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Wage concessions unlikely to alter broader wage setting
An independent Brookings Institution study argues that publicized wage concessions in auto, trucking and other industries will have limited spillover effects on overall wage trends. Daniel J. Mitchell of UCLA says current concessions mainly reflect poor conditions in those sectors and are unlikely to trigger lasting changes in wage determination across the economy.
MENTIONED IN THIS ARTICLE
Washington
Daniel J.B. Mitchell
University of California At Los Angeles
Mitchell
Tions
Brookings Institution
Auto
The
Teamsters
United Auto Workers