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FAQ

jun 12, 1942 - WW2 Effects - War Labor Board

Description:

War Labor Board ruled fringe benefits not in violation of wage and price controls up to 5% of wages.

BECAUSE so many men serve in war and are pulled out of work force. high labor demand, supply down. wage and price controls were used to prevent employers from raising wages to compete for workers.

this firmly institutionalizes employer-sponsored health insurance in the U.S.

Added to timeline:

11 Oct 2018
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Date:

jun 12, 1942
Now
~ 83 years ago