Word: laborings
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Dates: during 1950-1959
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Jimmy Hoffa & Co. (the racket-infested, predatory hierarchy of the Teamsters), the arrogance of Labor Boss James Carey in threatening political retaliation to House members who voted for the Landrum-Griffin bill, and the steelworkers' ability to push wages up at twice the rate of productivity gains are the most explicit reasons why there is so-called "antiunion" sentiment (in reality, "antilabor boss" sentiment) in the nation-in and out of Congress...
...British attitude toward buying shares in capitalism changed that even the Laborite Daily Herald in its financial column now urges mutual funds as a good place to put working-class savings. The Tories are delighted, well realizing the obstacles that such investment is creating for nationalization if the Labor Party gets back into power...
From the Commerce Department came a report calculated to throw a chill into both steel labor and steel management. During July, steel imports-which were pushing toward new highs even before the strike began-soared to a monthly record of 430,000 tons. The new imports brought the seven-month intake to 2.3 million tons, almost the equivalent of the output of a steel mill the size of Republic's 9,500-man Cleveland plant; foreign steel mills in 1959 had already sold U.S. customers more steel than in any full year in history. Republic Steel's Chairman...
Nevertheless, only a small step was taken toward a settlement. Management agreed to refer work practices and other local issues (TIME, Aug. 24) to labor-management subcommittees in the twelve major struck companies, thus agreeing with the union's stand that these are local problems that should be handled on the local level. "The strike has now reached a critical stage," said Labor Secretary James Mitchell, "and the next few days will determine whether we get a reasonable settlement or whether the strike will be further drawn...
...establishment of a $500,000 fund through company contributions to help retrain and relocate workers who lose their jobs through automation. Regarded as a milestone in industrial attempts to soften the impact of work-saving machines on employment, the fund will be operated by a joint management-labor committee with an impartial outsider as chairman. Other packers, such as Oscar Mayer, Cudahy and Hygrade, fell in behind Armour, but Swift and Wilson held out. Swift agreed to the wage raises but balked at new fringe benefits and insisted on wage cuts in seven of its Southern plants to make "costs...