Wages for union-represented workers are holding steady this year, though the average first-year increase is lower than earlier in 2020.
The overall average is at 3.3% for the third biweekly period in a row, according to the latest update from Bloomberg Law’s database. This is the first time all year that it has stayed the same for more than a month.
“It’s surprising that, amid all of this economic upheaval, this is the time that pay raises show some stability. Unfortunately for organized labor, the average is settling down at the low end of the spectrum,” compared with earlier this ...
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