Word: contraction
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Dates: during 1970-1979
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...willing to sit down and talk through their problems." Indeed, labor-management experts generally expect a major strike only in the rubber industry. And most economists reckon that wage and benefit increases negotiated in 1976 should average a fairly reasonable 8% to 11% in the first year of the contract. Since output per man-hour is rising as production picks up, the Council of Economic Advisers regards that prospect as no threat to its prediction that the rate of inflation will slow to 6% this year, from...
...outlook in the major industries, in order of contract expiration dates...
TRUCKING. The Teamsters' last contract contained a cost of living adjustment (COLA) provision, but it had a "cap"-the adjustment could not exceed 110 an hour in any year. Now, Teamster President Frank Fitzsimmons is demanding that the cap be removed. In addition, he opened negotiations last month asking for a $2.50-an-hour increase, spread over three years, in the truckers' minimum wage, which currently averages $7.11 nationwide. Chicago Teamster officials, who in the past have forced the national leadership to tear up newly negotiated contracts and bargain for higher terms, have indicated that this year they...
RUBBER. The contracts between the Big Four-Goodyear, Goodrich, Firestone and Uniroyal-and 69,000 members of the United Rubber Workers expire on April 20. Negotiations begin next week, and all signs point to a strike. The last U.R.W. contract included no COLA at all, and as a result the average hourly wage for rubber workers has fallen $1.35 behind that of automobile workers (who have been getting a cost of living increase). The union is demanding parity with auto workers' wages in addition to a "meaningful" further wage increase, a COLA clause and improvements in pension and insurance...
...testimony is that I do not recall...giving any directions concerning the raising of campaign contributions from black grants or contract receipts...It [the memo] does say "From Fred Malek to John Mitchell." I do not recall signing or sending or reading this particular memorandum...I do not recall...