Council to Prepare Background Paper on 1976 Collective Bargaining Year

by Council on Wage and Price Stability on October 6, 1975
by Council on Wage and Price Stability

Michael H. Moskow, Director of the Council on Wage and Price Stability, announced today that the Council staff is preparing a background paper on the major collective bargaining negotiations scheduled for 1976. The following industries are among those to be included in the paper: over- the-road trucking, rubber, electrical equipment and automobile. The paper will examine the structure of bargaining in the industries involved and the pattern of previous settlements; trace trends in wages, benefits, labor costs, employment, and productivity for the past few years; and analyze the financial condition of the companies. The purpose of the paper is to help provide a framework for carrying out the Council’s responsibility to monitor wage developments…

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