1972-12 December IBEW Journal.pdf - International Brotherhood of ...
1972-12 December IBEW Journal.pdf - International Brotherhood of ...
1972-12 December IBEW Journal.pdf - International Brotherhood of ...
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departlnent <strong>of</strong> Research<br />
and idllcation<br />
Major Collective Bargaining Settlements, First Nine Months, <strong>1972</strong><br />
Generlll T rends<br />
The U.S. DCI)lIrtmenl <strong>of</strong> Labor'!,!<br />
Bureau <strong>of</strong> Labor Stati':l lic.'! rcports<br />
that wage-I'ate inCI'ca i'!CS ill majOl'<br />
collective bal'gainin,l( i'lcttl{'lIlcn\!I<br />
during the first nine mOIl'h.~ <strong>of</strong><br />
<strong>1972</strong> IIvenOl'cd G.G Il{' I' cent a year<br />
over the life <strong>of</strong> the cOlltmct. vcr<br />
~1lf\ Ill!" J\venUl(: 8.1 pcr cellt level<br />
<strong>of</strong> llcl llcmcnli'l in the full yea.'<br />
1971, 1\ d cc r c/ll~c <strong>of</strong> 1.6 1)('1' ccnt.<br />
For the first year <strong>of</strong> the cOlltrllct,<br />
the rate <strong>of</strong> wage incrc:Hl-<strong>of</strong>-living escn<br />
Jatol'lI provided for Hllllual increnltCs<br />
averaginK 7.0 Ilcr cent.<br />
compared with 9.2 pel' cent. in 1971<br />
- a decrease <strong>of</strong> 2.2 pe l' cent. 'fhe<br />
nve.-agc inC I'ellse ill manufacturillK<br />
WIIS 5.6 Ilel" cent. compared with<br />
7.3 Iler cent In 1~ 7 1. alld agreements<br />
I'eached in the nOllmanufactUrinK<br />
lIector llVCI':lged 7.2 per<br />
cent, down from 8.9 per cent til\:<br />
previous year n decrease <strong>of</strong> 1.7<br />
per cent fOI' both industries. our-<br />
UNITI D STAfES AVERAGE<br />
Source: U. S. Department <strong>of</strong> Labor 8ureau <strong>of</strong> labor Statistics<br />
REVISED INDEX SERIES-Reference 80se, U, S. Average, 1967= 100<br />
'" A"<br />
Ind ~. D,,'~<br />
lien"<br />
ApP(lrel<br />
He"llh<br />
Mc>nlh-'(e,,' C"m. e "<br />
fr"n.por.<br />
•<br />
a. hc·<br />
bined' , ,.... HOUlln\l UpkHP I" Ii(ln r.(llion<br />
t;ept. <strong>1972</strong> 146.7 <strong>12</strong>6_2 I '8 I 1 I<br />
,<br />
Aug. <strong>1972</strong> 146.2 <strong>12</strong>5.7 <strong>12</strong>4 .6 <strong>12</strong>9 .9 <strong>12</strong>0.8 <strong>12</strong>0.5 <strong>12</strong>6.5<br />
July <strong>1972</strong> 145.9 <strong>12</strong> , <strong>12</strong>4 .2 <strong>12</strong>9.5 <strong>12</strong>1.1 <strong>12</strong>0.3 <strong>12</strong>6.3<br />
June <strong>1972</strong> 145.4 <strong>12</strong>3.0 <strong>12</strong>9.0 <strong>12</strong>2,1 <strong>12</strong>0.0 <strong>12</strong>6. 1<br />
May <strong>1972</strong> 145.0 <strong>12</strong>4 7 <strong>12</strong>2.3 <strong>12</strong>8.5 <strong>12</strong>2.5 11 9.5 <strong>12</strong>5.8<br />
April <strong>1972</strong> 144 .5 <strong>12</strong> .3 <strong>12</strong>2.4 <strong>12</strong>8.2 <strong>12</strong>1.8 118.6 <strong>12</strong>5.5<br />
I 71 I .8 6<br />
Sept. 1970 136.6<br />
Sept. 1969 <strong>12</strong>9.3<br />
Sept. 1968 <strong>12</strong>2.2<br />
Sept. 1967 117.1<br />
I 19$7.$9 Reference &oUI<br />
NOTE, Conlum.r Pri~. Inde . for 011 ilem. inc ...... d .5 Ind .. 'olnl during 1M po" ""'nIh.<br />
or '''' Thi •• q .... lI.d on onnuol '01, 01 in" ..... 0/ 1<strong>12</strong> X O.4~ The 'ncreo.e<br />
in CPI during 'he po" ye(l' W(I' 4.0 P(linl. Or<br />
Pere.nloge in«eo •• bft!we.n 1 ..(1 dOle. II ~ol
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