Word: unrest
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...which will be reminiscent of the price-stable 1960s. The big reason: wage hikes, the main ingredient in most price increases, will stay low as employers continue to cut labor costs. However, Donald Ratajczak, director of economic forecasting at Georgia State University, noted growing signs of labor unrest. "The American Airlines strike may have been a watershed," he said, referring to the Thanksgiving-week walkout by flight attendants, which ended when Clinton prodded the company to seek binding arbitration. "This is the beginning of intensifying wage pressures, or at least demands for retribution in the labor markets...
...unions have been unable to tap into the unrest that now roils the American workplace. Organizers seem stymied at every level of job: while hamburger flippers and sales clerks come and go too quickly to provide a stable base for membership, professionals such as bankers, lawyers, geologists and engineers feel little kinship with a labor movement rooted in blue-collar traditions. All that has left unions running in place. Organizers for the Food and Commercial Workers International Union, which represents grocery checkers and other clerks, signed up 500,000 new members over the past five years only...
Israeli soldiers wounded 37 Palestinian protesters who were rioting in the Gaza Strip over the killing by Israelis of a leader of the militant Muslim group Hamas. The unrest was the most serious since the signing of the peace accord in Washington in September. On Friday Israeli soldiers killed another militant Palestinian leader. Concerned about security arrangements, Israeli Prime Minister Yitzhak Rabin warned that Israel may not be able to withdraw its troops from Gaza and the West Bank town of Jericho before the Dec. 13 deadline agreed to in September...
...revenues left in provincial coffers, the central government simply printed more money to finance its major infrastructure undertakings. At the same time, provincial authorities launched an orgy of speculative development projects that took money away from such essential functions as paying peasants for their crops. As prices soared, unrest in the countryside quickened, until Zhu stepped in last summer...
...Middle East. 472 Mass Ave., Cambridge. 497-0576. Downstairs: Bliss Factory on Thursday, Nov. 11. Concussion Ensemble on Friday, Nov. 12. Luna on Saturday, Nov. 13. The Boo Radleys on Sunday, Nov. 14. Grateful Dead's Robert Hunter on Tuesday, Nov. 16. Unrest on Wednesday, Nov. 17. Upstairs: 6L6 on Thursday, Nov. 11. Groove Butcher on Friday, Nov. 12. Majesty Crush on Saturday, Nov. 13. James Hall on Sunday, Nov. 14. Church of the Sub Genius on Tuesday...