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...members a total of 53? in their hourly wages, which averaged $7.18 to $7.33 when the contract ran out. Hence among the union's final demands in last week's bargaining was an uncapped COLA clause under which pay would keep rising along with the Consumer Price Index. Fitzsimmons also asked for $1.75 more per hour in straight pay, with 75? of it in the first year, and pension and other benefit increases coming to $17 a week. The employers' offer at the time the strike began consisted of a $1 hourly raise, an $11 weekly benefits...

Author: /time Magazine | Title: LABOR: Back on the Road | 4/12/1976 | See Source »

...door marked 219 on the second floor of the Jonas Clark building at Clark University is taped a faded italic newspaper headline reading "Clark Won't Change" and next to that a white index card labelled, "Dr. ALAN F. GUMMERSON...

Author: By Philip Weiss, | Title: Clark Won't Change | 4/10/1976 | See Source »

...Inflation now seems to be subsiding. The consumer price index rose at an annual rate of only 1.2% in February, mainly because food prices dropped by 1%-the largest one-month decline in 20 years. That decline is scarcely likely to be repeated in coming months, but the smaller rise in living costs is nonetheless encouraging...

Author: /time Magazine | Title: Business: Can Everyone Get a Job? | 3/29/1976 | See Source »

...country. Today, a typical 230-page issue carries more than 100 pages of advertising. Last year Nordstrand dropped the "Guide" from Chicago's title. But on the inside, Chicago is still mostly a gray, though useful, landscape of listings that includes in a typical issue an index guide to 1,000-plus local events, critiques of nearly 80 films, as well as WFMT radio and public TV listings. Chicago runs occasional pieces of fiction and articles that cover everything from the Mafia to houseplants in a style that one reader describes as "funky, chic lakeside journalism...

Author: /time Magazine | Title: The Press: Urban Survival Manuals | 3/29/1976 | See Source »

...stock market last week put on a maddeningly teasing performance: the Dow Jones industrial average cracked the 1,000 mark not once but five times, and each time it fell back. On Thursday the 30-stock index even managed to close at 1,003.31, its first close above 1,000 in more than three years. But on Friday profit taking in U.S. Steel and Bethlehem and worries about a possible rise in interest rates beat the Dow down...

Author: /time Magazine | Title: Business: Stock Market Tease | 3/22/1976 | See Source »

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