COLA is easy to calculate....we just have another month's of inflation to be included in it.
COLA in our contract is determined by May 2022's CPI-W which will be released on June 10th, 2022 @ 8:30 am ET. If you plug in
April 2022's CPI-W instead (which was released on 5/11/22) the estimate is:
284.575 (which is April's CPI-W number found
here) - 271.52036 (which is May 2021's CPI-W number multiplied by 1.03 as the union only gets COLA when inflation rises above 3%) =13.05464. Now take that number and multiply by $0.05 and you get $0.65 COLA raise with May's inflation adding to it. If inflation remains where it is now then that number could go to $0.75.
So expect a COLA raise between $0.68-$0.75 per hour depending on May's inflation rate.