Word: laborities
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...remaining members of the group that spearheaded the 2001 sit-in—which prompted Harvard to institute a living wage—have formed a new group aimed at reinvigorating the labor movement on campus and are demanding a $20-per-hour living wage for all University janitors.In the midst of a contract renegotiation for Harvard’s janitors, the new Student Labor Action Movement (SLAM) succeeds the Progressive Student Labor Movement (PSLM)—which successfully led the campaign that brought Harvard workers a guaranteed $10.25 hourly living wage and a number of other improvements...
...comparison to the talks currently under way over how to govern. The two sides agree in principle on the need for economic reform, but the Social Democrats are not expected to back the tougher measures advocated by the Christian Democrats, including, for example, weakening the bargaining power of labor unions...
...into a vast nursing home. Led by spirited adventurers like Miura, aging Japanese are refusing the rocking chair and choosing to remain contributing members of society long after they've qualified for senior discounts. Although the mandatory retirement age at most companies in Japan is about 60, the International Labor Organization says that 71% of Japanese men between 60 and 64 are still working, compared with just 17% of Frenchmen in the same age group. Many of those who aren't drawing a paycheck remain active as volunteers for charitable causes. "You have to keep taking on challenges," says...
...active?and not just as entries in the Guinness World Records. With the country's low fertility rate (1.28 births per woman) and its 5.2 million baby-boomer workers due to reach retirement age beginning in 2007, there won't be enough young people to replace retirees in the labor force, let alone support armies of idle pensioners. Salarymen who reached mandatory retirement age used to be dismissed as "industrial waste," but aging Japan will find itself increasingly dependent on its elderly to maintain productivity. "How seniors will be able to contribute to society may change the direction of Japan...
...will have to wrestle with the big issues that are plaguing the whole of German industry, not just its automakers: unit labor costs that are among the highest in the world, productivity that's been overtaken by many rivals and worries about losing its technological edge. In a blunt letter to Mercedes employees announcing the layoffs, Zetsche wrote that "our costs in all parts of the value chain are significantly higher than those of the best competitors" and that the company was dragging around too much production capacity. Becker, the former BMW economist, contends in a book published last month...