Workers represented by unions saw average year-to-date pay increases trend downward, according to Bloomberg Law data.
On average, unions negotiated 3.2 percent first-year salary increases through April 22 this year, according to the latest update of Bloomberg Law’s database of U.S. wage settlements. That’s down slightly from 3.3 percent two weeks ago. Overall, first-year pay hikes have fluctuated between 3.1 percent and 3.3 percent since January.
Though the average negotiated first-year wage increase dipped slightly, it’s still higher than the same point in 2018 when the average stood at 2.9 percent. So far, 270 contracts have been entered into Bloomberg...
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