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Word: raisesâ (lookup in dictionary) (lookup stats)
Dates: during 1971-1971
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Usage:

Businessmen have kicked up their prices more rapidly than at any time since the Korean War, but profits before taxes have fallen from $88 billion in 1968 to an estimated annual rate of $84 billion in this year's first half. Workers have won many extortionate wage raises???labor costs have been rising more than 7% annually?but since 1968 the real weekly earnings of the American wage earner have inched up from an average $90.67 to only $91.96. In the past 2½ years alone, inflation has cut the value of the dollar by 12¢ and the once-prized greenback...

Author: /time Magazine | Title: Business: The Showdown Fight Over Inflation | 8/16/1971 | See Source »

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