A significant feature of many collective bargaining contracts in the late 1980s was the

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During the late 1980s, a significant feature of many collective bargaining contracts was the willingness of labor unions to agree to concessions. This trend was largely driven by economic pressures and the need to maintain competitiveness in a changing global market. Concessions often included wage freezes, reductions in benefits, and more flexible work rules, which were seen as necessary to keep companies viable and protect jobs in the face of economic challenges and increased competition.

A Significant Feature of Many Collective Bargaining Contracts in the Late