Labor relations

Labor relations

Industry: Labor

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Labor relations

real wages

Labor; Labor relations

Wages expressed in terms of what today's dollar will buy. A common method of determining buying power is through the Consumer Price Index.

reading formula

Labor; Labor relations

The procedure with which union recognition was achieved in factories during the 1930s. Rather than being compelled to strike for union recognition, the new Wagner Act provided a method of union ...

productivity

Labor; Labor relations

The measure of efficiency in production. The comparison of resources used in creating goods and services. If the same resources that were used in the past produce more goods and services, ...

prevailing wage

Labor; Labor relations

In 1861, Congress passed a prevailing wage rate law which said in part: That the hours of labor and the rates of wages of the employees in the navy yards shall conform as nearly as possible with ...

Unions engaged in political action at least as far back as the 1820s, when they demanded universal free public education and abolition of imprisonment for debt as their major social reform issues. ...

Pinkertons

Labor; Labor relations

Agents of the Allan Pinkerton Detective Agency of Chicago who were hired by employers to break strikes or act as company spies within unions. Some believe the expression "Fink," a pejorative term for ...