
ERIC Number: EJ100610
Record Type: Journal
Publication Date: 1974
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Adjusting Wages to Living Costs: A Historical Note
Lowenstern, Henry
Monthly Labor Review, 97, 7, 21-5, Jul 74
The significant historical developments of the cost of living wage adjustments are summarized. Since the concept of cost of living took effect in 1919, developments that are noted are: World War II, the GM contract 1948, the GM Contract 1950, and the impact of the agreements. (DS)
Descriptors: Collective Bargaining, Economics, Labor Economics, Living Standards, Salary Wage Differentials, Unions, Wages
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