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Word: labor (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...make it with 15-in. wheels for New York and 16-in. wheels for Los Angeles or with a twelve-volt battery in Chicago and a six-volt battery in Philadelphia. I hope that more articles will educate the public to problems such as codes, rising labor costs, mortgage markets, land prices and many others faced by the builder today...

Author: /time Magazine | Title: Letters: Jun. 21, 1968 | 6/21/1968 | See Source »

...industry is particularly concerned about inroads made by foreign steelmakers, which have increased their share of the U.S. market from 12.5% last year to an anticipated 15% in 1968. One advantage for foreign companies, particularly Japanese, is lower labor costs. In the early 1950s, U.S. steel companies paid $2 an hour more in wages and fringe benefits than their Japanese counterparts. Today, with the average steelworker receiving wages and benefits totaling $4.93 an hour, the gap has grown to about...

Author: /time Magazine | Title: Labor: Steeling for Trouble | 6/14/1968 | See Source »

Shaking Hands. Many of the machines promise to pay for themselves in labor-cost savings in as little as two years. For some applications, it is more economical to rent. One Unimation rent-a-robot plan costs the user $2.70 per hour for the first 500 hours and $1.70 thereafter. Moreover, notes Company Vice Chairman Norman I. Schafler, the tireless robots "take no lunches or coffee breaks and do not care about working more than one shift...

Author: /time Magazine | Title: Technology: The Robots Are Coming, The Robots Are Coming | 6/14/1968 | See Source »

Organized labor has not exactly welcomed the new machines. The robot, complains a United Automobile Workers official, can "even be programmed to shake hands. Presumably it could be set up to shake hands to say goodbye to the people it replaces." Yet in many cases, the people the robots replace are glad. Caterpillar Tractor Co. uses a Unimation-made robot to feed steel pins into furnaces, a tedious task that workmen heretofore had to perform with long-handled tongs. "The work is hot and repetitive," says a Caterpillar spokesman. "For the worker, it was just not desirable." For the robot...

Author: /time Magazine | Title: Technology: The Robots Are Coming, The Robots Are Coming | 6/14/1968 | See Source »

...Walter Nash, 86, former Prime Minister of New Zealand and architect of the free world's first comprehensive social security system; of a heart attack; in Wellington. A stocky socialist, Nash used his post as Minister of Finance in New Zealand's long-running (1935-49) Labor government to push through a womb-to-tomb measure that provided everything from butter to baby bonuses; he became Prime Minister in 1957, but taxed his utopians so heavily that they ousted him from office three years later...

Author: /time Magazine | Title: Milestones: Jun. 14, 1968 | 6/14/1968 | See Source »

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