Home > Term: Little Steel Formula
Little Steel Formula
The World War II War Labor Board introduced the "Little Steel Formula"' which tied the cost of living to wage increases "as a stabilization factor. "
- Part of Speech: noun
- Industry/Domain: Labor
- Category: Labor relations
- Company: U.S. DOL
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Creator
- Levi Taylor
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(Bronze) 316 points - 100% positive feedback
