Word: wage
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Dates: during 1930-1939
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...announced by Homer Martin. He was preparing a blanket union contract for some 2,000 plants which make parts for Ford, General Motors, Chrysler, et al.; parts makers who are, of course, dependent upon their big customers for economic life. A standard contract would fix the minimum hourly wage at 65? for some 250,000 supply plant workers...
Western Union Telegraph Co. last week announced that it might have to fire 3,125 messenger boys. Luther Wallin, of Earle, Ark., prudently closed down his sawmills there and at Columbus, Miss. In low-wage Puerto Rico, employers planned to lay off 120,000 of the island's 420,000 workers, hiking the numbers of unemployed to 350,000. Thus did the nether ends of industry fit themselves last week to the second attempt of the New Deal to put "a floor for wages, a ceiling for hours." Into effect at 12:01 a.m., October 24, went the Federal...
...many, about 1,500,000 employes, work more than 44 hours. In future years the standards will grow stricter: beginning October 24, 1939 30? & 42 hours; October 1940 30? & 40 hours; October 1945 40? and 40 hours. Meantime, committees representing management, labor and the public may fix the wage minima actually applying to any industry anywhere between 30 and 40? (so long as the standards do not cause unemployment). Along with Wages & Hours goes Federal prohibition of Child Labor (under 16) in interstate commerce industries effective immediately and applying to 50,000 children...
Last week Wages & Hours had received 45,000 inquiries from employers and workers who wanted to know whether they come under the standards, whether the U. S. has another NRA. Mr. Andrews made it clear that: 1) the Act resembles NRA in purpose, is wholly different in method. Chief difference: NRA standards were established and applied (with Federal supervision) by industry Code Authorities, whereas the bases for Wage & Hour standards are written into the statute...
...compared with $73 last spring. When an independent then cut the price another $2, Philip Murray was not the only steel man to fret. With the industry working at only 53% of capacity, it was clear that such price-cutting, if continued, must mean heavy losses, possible wage cuts...