Typically the ________ in a union contract is tied to the U.S.Bureau of Labor Statistics' consumer price index (CPI).

Question

Quizplus · Accepted Answer

Because the cost of living is always going up (at least so far), unions often try to negotiate a cost-of-living adjustment (COLA) clause, which during the period of the contract ties future wage increases to increases in the cost of living, as measured by the U.S.Bureau of Labor Statistics' consumer price index (CPI).

Typically the ________ in a Union Contract Is Tied to the U.S.Bureau