Word: steeling
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Dates: during 1980-1989
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...East Texas town of Lone Star (pop. 2,036), the Lone Star Steel Co. shut down last month, laying off 3,500 workers. Nearly 75% of the town's residents work at the plant, and most of the others are employed by firms that depend on the factory, which made tubular steel for oil pipes. But when no one is drilling, no one is buying tubular pipes. Opinion in Lone Star is divided about when, or even whether, prosperity will return to town. "There's a lot of people leaving, and we know we'll lose some...
...management and labor in some key areas. Union negotiators must now trade higher wages for job security, restrictive work rules for improved productivity, cost of living escalators for guarantees against plant shutdowns. Over the past 18 months, workers have been forced to take less, not more, in the automobile, steel, rubber, airline, meat packing, printing, trucking and newspaper industries. Top union leadership claims that this is an inevitable consequence of the recession. Says AFL-CIO President Lane Kirkland: "There are pressures that exist in this environment, and no one is immune from them...
With organized labor at its weakest point in years, companies are flexing their muscles as never before. Negotiators representing eight major steel producers last month turned down a union offer to give up $2 billion in wage and cost of living increases over three years. Management held out for concessions worth $6 billion. By taking a hard line, the companies are risking their first strike in 24 years when the current contract expires at the end of next July. Yet with the steel industry still suffering from excess capacity and slack demand, the union has little leverage in the talks...
Experts maintain, however, that unions can do still more organizing in the mushrooming service industries. Says Professor Oscar Ornati of New York University's Graduate School of Business Administration: "There will be unionization regardless of how unions are doing in the auto or steel industries. Probably in the next decade there will be unionization in areas that we don't even think of-banking, financial services. The people who work in these areas are becoming the factory workers of today...
Just to make sure that Superman III will have legs of steel at the box office, the film's producer has come up with a co-Caped Crusader: Richard Pryor, 41. In a part the folks at DC Comics never dreamed of, Pryor plays Gus Gorman, a computer wizard who dons tablecloth and skis for a lame demonstration of his own superpowers. Sm3 takes mild-mannered Clark Kent back to his high school reunion and a rekindled romance with Lana Lang, played by Annette O'Toole, 30, (Cat People). O'Toole may be beautiful...