Word: cio
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...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-CIO...
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...
Often outmaneuvered by the left during the 1960s, the right has now copied the enemy's tactics. Like COPE, the political arm of the AFL-CIO, the New Right has plunged into the grass roots, ringing doorbells, phoning and passing out leaflets. Like the student left, the rightists have taken to the streets to demonstrate. And can they pack a meeting! Feminists everywhere were in an uproar last summer when they found that their state caucuses for the International Women's Year were infiltrated and sometimes taken over by conservative militants deriding ERA and opposing abortion...
...their fourth consecutive contract dispute with Yale University since 1968, local 35 of the AFI-CIO Federation of University Employees went on strike last Friday, demanding higher wages and increased job security...