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Other forecasters feel that the concern about wage raises is overdone. Labor Secretary James Hodgson points out that total pay received by non-Government workers recently has been rising only 7.2% a year, and major union contracts negotiated this year cover only a small minority of the U.S. labor force. Economists are also cheered by renewed growth in workers' output per man-hour, which tends to restrain the costs of production. After almost two years of little or no gain, productivity rose in the second quarter at an annual rate estimated by McCracken...

Author: /time Magazine | Title: Business: The Economy: Trying to Speed Up a Recovery | 8/3/1970 | See Source »

...nation. Six other commission members will represent the public, and another six will be men from business, including leaders of other industries facing key labor bargaining this year. The chairmanship will rotate among the five Government members: Treasury Secretary David Kennedy, Commerce Secretary Maurice Stans, Labor Secretary James Hodgson, Chief Presidential Economist Paul McCracken and George Shultz, the White House's management and budget chief. With a line-up like that, the commission could be able to exercise considerable clout...

Author: /time Magazine | Title: The Economy: A Rabbit That Could Turn into a Tiger | 7/13/1970 | See Source »

ROBERT MAYO, Director of the Budget Bureau, moves to the White House staff as a Counsellor to the President, which could be a way station to a Cabinet post if more changes are yet to come. JAMES HODGSON, now Shultz's Under Secretary and a former vice president of Lockheed Aircraft Corp., succeeds Shultz as Secretary of Labor...

Author: /time Magazine | Title: Nation: Nixon: Boss in a Bad Year | 6/22/1970 | See Source »

...American Melodrama, Chester, Hodgson and Page...

Author: /time Magazine | Title: Television, Cinema, Books: Jun. 27, 1969 | 6/27/1969 | See Source »

...Packard Co., is only one of half a dozen business executives in the inner circle. Among the many others at high levels is Nathaniel Samuels, former managing partner of Wall Street's Kuhn, Loeb, a deputy Under Secretary of State. The new Under Secretary of Labor is James Hodgson, a former Lockheed Aircraft vice president for industrial relations...

Author: /time Magazine | Title: Business: A TOUGH FRIEND IN THE WHITE HOUSE | 3/21/1969 | See Source »

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