Word: minimum
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Dates: during 1960-1969
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These two supermarkets and an electronics plant are donig impressive things for the ghetto. Freedom Industries employs about 160 members of the community at a minimum wage rate for unskilled labor of $2.00 an hour. (The supermarkets still charge competitive prices, even with this wage increase over Purity, because of a 25 percent increase in sales since the Freedom Foods opening...
Dependent Animal. In its social organization, the rat makes a poor human analogue. The newborn rat, for instance, gets a minimum of parental care and is self-sufficient within just 22 days. The young human is the most cared-for of all the world's mammals. His dependency can last as long as 22 years...
...theory that low-wage jobs are better than none at all, Neil Jacoby, a U.C.L.A. economist and former Eisenhower adviser, urges an easing of minimum wage laws to encourage employment of marginal workers. Ultimately, the best way of reconciling price stability with high employment is to increase labor productivity by means of expanded job training among the semiskilled and the unskilled. Thus Nixon's proposal for giving private enterprise tax incentives for ghetto job training could combat inflation at the same time that it helps serve other social needs...
...which requires federally insured financial institutions to take at least minimal precautions. The first regulation goes into effect this week, when banks must appoint security officers or risk $100-a-day fines. By 1970, banks must supply tellers with marked "bait" money, keep cash on hand to a "reasonable minimum," and install alarms as well as tamper-proof locks on exterior doors and windows. Banks are also urged to install cameras that take thieves' pictures...
...When Brentano's bought Phillips," claims Ann Williams '69-2, a former Brentano clerk and a member of the labor committee, "the wage scale at Phillips was higher than it is now. Since then," she said, "they have hired new people at a lower rate of minimum wage...