A Quick Appraisal Of the Labor Market.

The article looks at the state of the U.S. labor market as of August 25, 1951. It emphasizes that the relationship between living costs and wages is more important than ever under the government's wage-control policy. The wage control policy mandates that hourly rates will be allowed to increase based on the percentage increase in c-of-1 figures. It also reports that manufacturing employment during the second quarter of 1951 was up 8 percent compared to the middle of 1950.