Word: laboration
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Dates: during 1970-1979
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Only 30 months ago, the Carter economic team started work in an atmosphere of high hopes. Rarely had an Administration mobilized such formidable economic firepower, filling the Cabinet with five Ph.D. economists: Blumenthal, Commerce Secretary Juanita Kreps, Labor Secretary Ray Marshall, Energy Secretary James Schlesinger and Chief Economist Charles Schultze. In addition, a number of Carter's appointees possessed impressive managerial credentials. Blumenthal had headed the Bendix Corp., one of the nation's best-run firms, while Bert Lance, Carter's first Budget Director, was a highly successful banker...
...Miller, the Treasury Secretary-designate, also warned that the energy aggravated slump would be deeper and longer than the mild slowdown of six to nine months that the Administration has so far forecast. Miller's projections: unemployment rising from last month's 5.6% to 8.3% of the labor force next year, inflation continuing to roar at a double-digit pace in excess of 10% at least through...
...Facilities can be counted as fair wages," the Labor department spokesman said. Harvard generally provides free room and board for its proctors and resident tutors. The Graduate School of Arts and Sciences financial aid office estimates the cost of living off-campus in Cambridge for a year would...
...Labor Department proposal is presently being contested in court in Colorado...
...Labor Department lost the first round in court and is appealing. Senator Gary W. Hart (D-Colo.) has presented a bill to the Senate allowing resident assistants to be exempt from minimum wage laws...