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Labor Negotiations Set for Flexible Wage Guideline Enforcement
Washington reports the Nixon administration will keep the 5.6 percent wage ceiling but apply broader guidance from a Labor Management Advisory Committee. The panel urges wages align with inflation goals while acknowledging no single standard fits all. Meany and Shultz call the move flexible and a strong statement.
MENTIONED IN THIS ARTICLE
Washington
Nixon
White House
Labor-Management Advisory Committee
Afl-Cio
George Meany
Shultz
Dunlop