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Dates: during 1970-1979
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Usage:

...annual pay increases of 9%, 10% and sometimes more, to cushion members against inflation. Because the raises typically have been built into three-year contracts, employers have to pay the large annual increases even when the inflation rate goes down; since 1975, union wages have tended to go up faster than the inflation rate. Meanwhile, nonunion workers have begun to expect similar-sized raises, and companies pay them-often simply to keep skilled employees from quitting. Since productivity has not come near staying even with the growth of the paychecks-output per hour worked has risen about 2% on average...

Author: /time Magazine | Title: Business: Bad News from Big Labor | 7/3/1978 | See Source »

...been about 5 percentage points too low. Load factors, which ran at 54% last year, are climbing into the mid-60s. The outlook: the best year ever for U.S. lines, with revenues reaching $22 billion and earnings up $100 million, to $700 million. But passenger discontent is rising even faster. The Civil Aeronautics Board is receiving a record number of complaints. Departure delays, which totaled 6,800 during the first three weeks of June, are running ahead of last year's rate...

Author: /time Magazine | Title: Business: Flying the Snarled-Up Skies | 7/3/1978 | See Source »

...Cattlemen cut their herds from 132 million in 1975 to 115 million now, and the iron law of supply and demand levied a heavy fine on the supermarket shopper. When average prices of beef cuts jumped from $1.63 per lb. in March to $2.09 per lb. in June-far faster than the cost of living-Jimmy Carter's advisers urged him to open the import gates...

Author: /time Magazine | Title: Executive View: The Cattlemen's Complaint | 7/3/1978 | See Source »

Girls' athletics have become an accustomed part of the way of life in Cedar Rapids. At a recent girls' track meet, runners, shotputters, hurdlers, high jumpers pitted themselves, one by one, in the age-old contests to run faster, leap higher, throw farther. For many, there were accomplishments they once would have thought impossible. A mile relay team fell into triumphant embrace when word came of qualification for the state finals. Team members shouted the joy of victory?"We did it!" ?and then asked permission to break training: "Now can we go to the Dairy Queen, Coach?" Granted...

Author: /time Magazine | Title: Comes the Revolution | 6/26/1978 | See Source »

...thing is certain: women have only just begun to achieve their athletic potential. Since women started to play the game later than men, they have some catching up to do -and they are. Men now run the 800 and 1,500 meters only about 10% faster than women; in the middle-distance swimming events, the difference is about 7%. Top women marathoners now finish about 30 minutes behind the male winners, and their times are improving every year. Yet the International Olympic Committee recently refused to allow women to run more than 1,500 meters in the 1980 Olympics. Ridiculous...

Author: /time Magazine | Title: Sport: The Weaker Sex? Hah! | 6/26/1978 | See Source »

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