Word: labor
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Dates: during 1960-1969
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...other parts of the U.S. and abroad were alerted to file stories on the reaction to the turmoil. A Times reporter in Athens interviewed vacationing California Governor Pat Brown. Once Watts calmed down, Timesmen were sent back to search out the causes of the riots. Their combined labor produced a thoughtful seven-part series that was later published in booklet form: The View from Watts...
...obvious argument against higher taxes is that business is already beginning to hurt from the labor shortage and from tight credit. Reflecting the auto industry's concern last week were General Motors' announcement that it was putting at least four of its 23 car-assembly plants on three-day or four-day work weeks and Ford's decision to eliminate Saturday overtime at four of its nine assembly plants. Auto sales in April were off almost 5% from last year's record, and the inventory of unsold cars swelled to 1,582,000 compared with...
...wages, and they should not continue to do so. Such a profitable performance, said Ackley, means that "either prices have been raised more than costs, or prices have not been reduced where costs have fallen." And so, if businessmen continue to raise prices to increase their profit margins, then labor will make far more extravagant demands-and inflation will take off unfettered...
...page report, printed in four colors, one for each of the four languages of the Common Market, projects an annual growth rate of 4.3% in the gross national product of the Six in the period 1966-70, compared to 4.9% for 1960-65. Germany, because of its labor shortage, will be well below the average with a growth rate...
...plan does not spell out in detail how Europe is to achieve this growth-as, for instance, is done in the French national plan-but it does make some suggestions. Since labor is short in Europe, increased productivity will have to come from other sources. Unless they put more effort into research and development, the Six would remain "the principal importer of discoveries and the leading exporter of intelligence," said the committee, and "condemn themselves to a cumulative underdevelopment which would soon make their decline irreversible." The report also urges less consumer spending and more private and public investment...