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Show STI-EL VAt-o AMD EMPLOYMENT COSTS AT ALL-TIME HIGH MUMS Ml MM -Th . i, t,f.pt c. r" " m . i I. A- nmi f i y : M , , , I , , , , I . , , , 1 . I - 4 '41 '41 '44 "45 47 '41 41 -50 "J1 "42 SI 1 M "it 11 Dm - w Steelworkers' average hourly earnings have consistently been above the average for all employees in manufacturing industries, and have increased more rapidly, according to Steel Facts, published by American Iron and Steel Institute. The increase in earnings far exceeds the increase in the consumer price index, as shown in the chart above. The rise in steel-worker steel-worker wages is even more precipitate if all employment costs per hour worked (insurance, pensions, etc.) are taken into account. |