Word: wage
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Dates: during 1940-1949
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...Faced a wage cut because their pay is geared to the cost of living...
When he was elected President of Argentina in 1946, Juan Domingo Perón had two visible means of political support. One was the army, whose ruling clique he headed. The other was labor, especially what he dubbed the descamisados (literally: shirtless ones), whose favor he had won (by wage boosts, social benefits, etc.) in a shrewdly realistic move to offset any fickleness among his army pals. In the past month many Argentines had noted that the army, fed up with mounting inflation and the politicking of Perón's wife Eva, had ceased to be the prop...
...Marriage and baptism by the Protestant clergy have no legal recognition.* This is a particular hardship to our workers, who, since they are not legally considered married, are thus denied wage supplements for their wives and children. Our dead are denied interment in. church cemeteries, and because there are very few civil burial grounds, they must often be buried in the open field ... In Spain the hierarchy is more intransigent than in other countries. If we were a bigger minority it might be different, but the Church is determined to keep us small. We cannot even distribute church calendars through...
With a good sense of public relations, G.M. timed its action to coincide with company-wide wage reductions of 2? an hour under its escalator "cost-of-living" contract. (Wage rates are adjusted up or down quarterly, 1? for every 1.14 point change in the Bureau of Labor Statistics cost-of-living index.) Said G.M.'s President Charles E. Wilson: the markdown was intended to "pass along to consumers the savings resulting from both the downward adjustment of wage and salary payments and the lowered cost of certain material items...
Stand Pat. There seemed small chance of anyone else following G.M.'s lead on prices. Said Ford Sales Boss Jack Davis: "We are not reducing the prices of our cars, because of the current high level of wage and material costs." Ford's three-passenger business coupe, now selling at $1,158, is still well under Chevrolet's cheapest at $1,260 and Plymouth...