Large Contracts Drive Down Overall Union-Negotiated Pay Raises

May 22, 2019, 6:28 PM

Union contracts covering thousands of employees are failing to capture significant pay increases for workers in 2019, according to Bloomberg Law data.

Unions on average negotiated a 3.3% first-year pay increase in union contracts for 2019, according to the latest update of Bloomberg Law’s database of U.S. wage settlements. But when the impact and size of the contract is taken into consideration, workers only saw an average of a 3% first-year raise. That weighted average is down three-tenths of a percentage point from the last database update on May 7.

Records reflect contracts ratified or added to Bloomberg Law’s database...

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