Word: plumper
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Dates: during 1960-1969
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More Saving. The billion-dollar figures are being translated into millions of everyday, personal decisions to spend. In San Francisco, the Western Girl temporary-employee-placement firm asked its young women how they were handling their plumper paychecks, reported that "the majority are putting it toward better living, new clothes, things like that." Travel agents say that the tax cut is largely responsible for the upsurge in their go-now, pay-later installment business. "This means taking my family to Scotland instead of Massachusetts this summer," beamed a Columbia Broadcasting vice president. Compared with the same month of last year...
...turned an equally cold eye on mutual fund salesmen. The lure of plumper commissions prompts salesmen to tout the plans with front-end loads above all others. An Investors Planning Corp. salesman who sells a 121-year front-end plan at $20 a month, for example, collects $57 in commissions on the first year's payments of $240; if he sells a $1,000 one-payment plan, he gets only $32.50. Most mutual fund salesmen are part-timers who earn less than $1,000 a year, and many of them are ill-trained recruits who give up the game...
...billion-a-year food industry sees plumper profits in slimmer people. Ogling the early success of Metrecal and similar liquid diets, and armed with surveys showing that 88% of all U.S. adults want to hold their weight down, the food-and-drink men have hurried out a broad new line of low-calorie products that this year will account for a tidy $300 million in sales...
...fights harder for job-security benefits than for straight wage hikes. The main feature of Walter Reuther's settlement with the auto makers last fall was an increase in supplemental unemployment benefits. David McDonald's Steelworkers last spring settled for a many-fringed package of longer vacations, plumper pensions and layoff benefits--but no wage raises. Recent increases in labor costs in many industries have been more than compensated for by higher production per worker. Wages and fringe benefits have risen about 3.8% this year, while productivity gains have averaged about 3% a year since...
...contract meets Steelworkers President David J. McDonald's avowed objective of spreading the work and stimulating earlier retirements. It includes longer vacations, and plumper pensions and layoff benefits. An electronic computer figured that this complex deal adds up to roughly a 2½% increase over present labor costs-which is approximately the steel industry's annual productivity gain...