Mathematics to Fight Inflation: Developing Effective COLA Clauses |
Common terms and phrases
adjustment amounts Adjustment Date adjustment intervals adjustment period annual fold-in applied April average hourly wage base period base rates base wage rates Bureau of Labor buying power calculations cents per hour Chapter Chart COLA clause COLA system Combined Consumer Price computed Consumer Price Index cost of living Cost-of-Living Adjustment cost-of-living allowance CPI numbers CPI-W December decimal place Department of Labor digits dollars Earners and Clerical effective date formula hourly wage rate Index for Urban Index numbers Index published inflation January June LABOR CENTER NOTES Labor Statistics living adjustment Living Allowance living clause market basket month monthly adjustment nearest cent negotiated Pay Grade payable percent percentage change percentage COLA percentage increase percentage system point changes point system points of change price of milk quarterly adjustment revision rounded SAMPLE CLAUSE SECOND COLA specified Statistics Canada TECHNOREX U.S. Department union agreements Urban Wage Earners wage bill wage increases weighted average hourly