Word: laborings
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Dates: during 1950-1959
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...Management has demanded an across-the-board wage slash for employees, while the Four Brotherhoods and the non-operating unions have insisted upon an unconditional boost. Item 2: The industry demands the right to change work rules hallowed by tradition and by the seemingly partial administration of the Railway Labor Act; labor categorically refuses any such changes. Item 3: Management has taken out six-month insurance to cover overhead in the event of a prolonged stoppage...
Even more than in the steel strike, the public has great concern with the length of the probable strike. At present, there seems to be no way by which to avoid it completely. Under terms of the Railway Labor Act, the government can delay the start of the strike a fair length of time; the President can invoke measures leading to an emergency negotiation board and can exert subtle pressures in other ways. The Taft-Hartley Act provides the final governmental check...
...stage has been set for what could become one of the most important labor-management battles in recent years. Neither side will budge and, come a few months, the truckers of the nation will start to reap tremendous profits as the railroads grind to a stop. In the long run, however, the entire cost of the strike will be borne by the American tire cost of the strike will be borne by the American public--an all-too common occurrence these days...
...Labor Force. In employment, the C.E.D. found that for 30 years there has been a remarkably uniform 1.3% increase in the labor force year after year, with the only big bulge above the trend line in World War II due to the influx of the old, the young, and married women...
Productivity. The Government has long shied from making any calculations as to the productivity of labor lest it get tangled in the argument between labor and management as to whether the gain was due to harder work or more capital and machines. C.E.D., venturing in, divided the real G.N.P. by the total production force, computed a 1929-57 productivity trend line showing an average 1.6% rise. The difference between a 1.3% labor-force rise and a 1.6% productivity rise, said C.E.D., produced "well over half of the growth in production in recent decades." In 1959 output...