Word: boosted
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Dates: during 1950-1959
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...hand. The biggest spur was economic. With little newsprint available, the popular press used what space it had to the best advantage, i.e., to lure readers. Since advertisers had to wait in line to get into the tightly rationed dailies, editors knew that the only way to boost revenue was to boost circulation...
MEAT PRICES will probably go up this fall despite mountainous supplies of beef, lamb and pork. Reason: rising labor costs resulting from the 14? hourly wage boost given packinghouse workers by four big packers (Wilson, Swift, Armour, Cudahy). If (as seems likely) the 14?-an-hour increase becomes the pattern for this year's labor contracts, the cost to the nation's packing industry will be $50 million annually, more than the whole industry's profits...
Under the new contract, G.E. will give workers a 3% wage increase every year for five years, tack on an additional 1? per hour during the last two years, to boost the hourly average to $2.27 by 1960. Beyond that, the company agreed to a cost-of-living formula Bunder which workers will get more pay if living costs go up, but take no cut if prices go down. It agreed to a new life-insurance plan equal to twice the amount of each worker's annual pay, and to three days' leave with pay in case...
...date models-the Moskvich (like a 1939 German Opel), the Pobeda (like a 1939 Ford), the Zim (like a 1946 Buick) and the Zis (like a 1941 Packard)-the Reds admit that their postwar designs "are in some respects inferior." A special Auto Ministry will be set up to boost production (1955 planned output: a bare 80,000 cars), cut prices, bring out a new people's car called the Volga, facelift the others...
...rubber industry, but it dragged its feet on other Administration attempts to take the Government out of competition with private enterprise. To the dismay of many industrialists, e.g., Southern cotton manufacturers, it raised the minimum wage from 75? to $1 ; to the relief of most employers it postponed a boost in Social Security benefits. It extended the 52% corporate tax, but most businessmen were in sympathy with the purpose behind that extension: to cut federal deficit spending...