Word: afl
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...founded in 1919 as an arm of the old League of Nations). Although the I.L.O. has been successful in monitoring and improving labor conditions worldwide, it also has become a forum for Third World and Communist attacks against U.S. Middle East policy and especially against Israel. Both the AFL-CIO and the U.S. Chamber of Commerce favored the pullout-the first American withdrawal from a U.N. agency. The action will wipe out U.S. financial support of the I.L.O., which amounts to about a fourth of the 135-member organization's $80 million annual budget...
...years the I.L.O.'s Communist and Arab member nations have used the organization, and particularly its annual meeting, as a forum for attacks against U.S. policy toward the Middle East and elsewhere. That has dismayed the U.S. Chamber of Commerce and the AFL-CIO, both of which send delegates to I.L.O. meetings.-Says AFL-CIO Boss George Meany: "I have had to sit in plenary sessions with the I.L.O. where they compliment the Director General on his wonderful report. Then they would launch an attack on the United States of America...
...between their conflicting demands. Generally, he has pleased environmentalists far more than businessmen-but he also has proposed a speedup in the licensing of nuclear power plants that dismays some environmentalists. More important, he pleased business initially by asking for an increase in the minimum wage so small that AFL-CIO President George Meany called it "shameful." Now, he is prepared to sign a bill increasing the minimum wage by 45%, to $3.35 an hour in 1981-a boost that businessmen consider highly inflationary...
Exultation filled the headquarters of the AFL-CIO last week-and with good reason. After a series of rebuffs from the overwhelmingly Democratic Congress it had helped elect, labor won its first significant legislative victory of the year. Against the vigorous opposition of business and many economists, Congress voted to boost the minimum wage from its present $2.30 an hour to $3.35 by 1981, an increase of 45%. Unlike in past efforts, the unions pulled out all stops to press for the measure, putting together a potent coalition of blacks, womens' groups, church and labor leaders. Said AFL...
Much of the U.S. pension system, hammered out over years of onerous labor negotiations, will have to be reviewed. This is the reason, initially at least, the AFL-CIO opposed changing the retirement age. The unions have fattened pensions and won other concessions by trading off such payments against a mandatory retirement age. Now, if people work past 65, actual pension costs will decrease. But salary costs will rise, since older workers are generally the highest paid. More will have to be budgeted for health insurance. John Bragg, president of the Life Insurance Co. of Georgia, speculates that a full...