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LABOR MARKETS AND UNEMPLOYMENT
Labor Market Theory and Practice
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adjustments affirmative action AFL-CIO agreement American analysis arbitration areas average bargaining power benefits black workers changes collective bargaining competitive compulsory arbitration costs craft unions demand developed differentials discrimination earnings economic economists effect of unionism employers escalator clauses factors federal female firms gain groups higher hiring human-capital important income increase individual Industrial Relations inflation institutions labor economics labor force labor market labor movement Labor Relations labor supply leaders legislation less male manpower mediator ment minimum wage monopsony Negro nomic nonunion occupations organization parties percent period Phillips curve ployers ployment political pressure problem productivity public employee public employment racism ratio reduce relative wage result secondary labor market skill social stabilization strike theory tion tive trade union unem unemployed unemployment rate United United Farm Workers wage and price wage rates wage-price policy women