Word: labor
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...television cameras and intoned: "Both sides of the negotiating parties in the airlines strike are here with me to report that they have now reached agreement on the terms of a settlement." Lyndon had done it again: he had squeezed elbows, waved the flag and presto, solved yet another labor deadlock. Thanks to the old Johnson magic, the strike of 35,400 members of the International Association of Machinists against five major U.S. airlines was about to end after 22 costly, frustrating days...
Under the provisions of the Railway Labor Act, the Board will hear the positions of both parties and within 30 days make recommendation for an agreement to the President. The two parties are then expected to work out a settlement based on the recommendations during the next 30 days. After this second period, the union is again free to strike...
...Dunlop's associates, Gerald D. Rosenthal, assistant professor of Economics, claimed yesterday that the government had let the airline industry turn itself into a "sitting duck for labor trouble...
...Congress tries to end the strike with legislation, Rosenthal said, the results would probably be disappointing -- and perhaps expensive for the companies. He quoted Dunlop's dictum that "you can withhold more from the working place than your labor...
There was cause for concern. The Bureau of Labor Statistics reported the swiftest six-month cost-of-living increase since 1958. Capped by a gain of 0.3% for June, the consumer price index climbed 1.7% in the first half of the year to 112.9% of the 1957-59 average. For the twelve months ending in June, the rise was a hefty 21% . Industrial production and personal income also climbed to record levels in June...