Wage Series Part 1: Latest CPI shows Seattle and All Cities CPI Decline

Wage Series Part 1:  Latest CPI shows Seattle and All Cities CPI Decline

By Jim Cline and Kate Kremer

downhillThis is the first of an 11 part series addressing current economic conditions and wage settlement trends.  In this Summer 2015 Wage Series we’ll bring you an update on CPI and economic developments, wage settlements, interest arbitration trends, statewide wage rankings for public safety classifications across the State, and an in-depth analysis of what factors appear to be impacting those rankings and settlements.

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Cline and Casillas Release New Version of Premium Website

Cline and Casillas Release New Version of Premium Website

By Jim Cline and Donna Steinmetz

C&C LOGOCline and Casillas today released a major overhaul of its Premium Website. Clients and subscribers can visit the new website here.  A video showing how to use the new website can be seen here.

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Responding to Falling CPI: Should you opt for a Fixed Percentage Wage Settlement?

Responding to Falling CPI: Should you opt for a Fixed Percentage Wage Settlement?

By Jim Cline and Kate Kremer

percentageMore often than not, employers prefer a fixed percent COLA adjustment, as opposed to a number tied to the CPI. Having a fixed percentage COLA number written in the “out year” labor contract settlements provides the employer a “known” number to plug into their budgets. While your members have often preferred the ability to keep full pace with inflation, the recent falling and erratic CPI numbers pose a new question: Would you be better off with your contract settlements tied to a fixed percentage increase?

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Recent Inflation Indicators Up and Down, Mostly Down

Recent Inflation Indicators Up and Down, Mostly Down

By Jim Cline and Kate Kremer

rollercoasterThe recent fall off in gas prices has dramatically impacted the reported inflation rate. The most recent rate reported on the Seattle inflation numbers were through the end of 2014 and, following a dramatic fall in fuel prices, the Seattle number plummeted. Its high number for the year was 2.6% in April and by December that number had dropped to 1.1%.  Even more dramatic was the drop of the All-Cities national CPI number to 0.3%.  This chart shows the inflation numbers during the course of 2014:

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Latest Report from State Economic Forecast Council Highlights Improved Economic Conditions

Latest Report from State Economic Forecast Council Highlights Improved Economic Conditions

By Jim Cline

economicsThe February “Economic and Revenue Update” from the Washington State Economic and Revenue Forecast Council provides a good summary of the recent rounds of good economic news both nationally and locally. The key findings by the Revenue Council include that on the national level:

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Seattle CPI Still Appears to Retain Edge over All-Cities CPI Index

Seattle CPI Still Appears to Retain Edge over All-Cities CPI Index

By Jim Cline and Kate Kremer

seattleIn our last blog we reported that the Seattle CPI-W index had dipped slightly to fall closer in line with the national (All-Cities) index.  The June Seattle Index was reported at 2.2 while the All-Cities index was 2.0%.

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Influential June CPI Number Released this Last Week Shows Seattle Number Moderates to an Inflation Rate Closer to National Rate

Influential June CPI Number Released this Last Week Shows Seattle Number Moderates to an Inflation Rate Closer to National Rate

by Jim Cline and Kate Kremer

food-cost1The one CPI Report that most heavily influences the course of negotiations is the June CPI Report and it was just released this last week.

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Fed Research Paper Suggests Possible Rise in Inflation

Fed Research Paper Suggests Possible Rise in Inflation

By Jim Cline

inflationA just released paper from the Federal Reserve Bank points to a possible upward drift in the inflation rate.

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Interest Arbitration Series Part VII: Port Angeles Police Arbitration

Interest Arbitration Series Part VII: Port Angeles Police Arbitration

By Jim Cline

Employer_vs_employeeThis is the seventh and final article in a series of articles on recent Interest Arbitration decisions.  A summary of all recent arbitration decisions since 2008 is available on the Premium website. This is a decision by Arbitrator Timothy Williams involving Port Angeles Police.  The award was issued in April of this year.

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Interest Arbitration Series Part VI: Spokane Transit Arbitration

Interest Arbitration Series Part VI: Spokane Transit Arbitration

By Jim Cline

Wage IncreaseThis is the sixth in a series of articles on recent Interest Arbitration decisions.  A summary of all recent arbitration decisions since 2008 is available on the Premium website.  This is a decision by Arbitrator Howell Lankford concerning Spokane Transit Authority Paratransit Operators.

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