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Pattern Bargaining: A Blueprint for Improvements or Concessions?

The perennial objective of unions has been to “take wages out of competition,” as labor-economists, who analyze the supply and demand of labor and patterns in wage, income, and productivity are prone to say. By seeking to standardize minimum wages and benefits across an industry, unions can stabilize wages, prevent competition among workers and employers, and avoid a race to the bottom. More importantly for the AFM, minimum wages across given industries, such as sound recording, film, live TV, and theatrical tours, provide a floor for future improvements in successor agreements.

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