Word: wage
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Dates: during 1940-1949
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...average American wage earner now lives to be 67.16 years old-four months longer than the average life span in 1947 -the Metropolitan Life Insurance Co. reported...
Another's Poison. The oversupply which brought prices down also brought some cutbacks in production-and employment (see NATIONAL AFFAIRS). Last week, there were new layoffs and cutbacks, which took some more steam out of labor's fourth-round wage demands. In the New England textile industry, the C.I.O. lost its third arbitration case (for a 10?-an-hour raise) in two weeks...
Union members who had tied their wage increases to the cost of living, had seen their wages soar up-and would now see them dip a bit. In St. Louis, 25,000 employees of the International Shoe Co. faced such a wage cut. So did 380,000 at General Motors. Old A.F.L. Chieftain William Green hinted, in as unincriminating a way as he could, that maybe there wouldn't be so many workers asking for fourth-round increases...
...greatest victory since the Russian Revolution. For most of the Chinese people, it meant peace-but only in the sense that large-scale fighting would stop. It also meant the kind of war which the Chinese have often known-the silent, constant war which tyrannic governments wage upon their people...
Softening Spots. Further drops in the cost of living promised to ease the wage pressure still more. The average retail drop in the price of meat since last September's peak, said the National Association of Retail Meat Dealers, was estimated between 15 and 20%. Packers were keeping their fingers crossed on whether the drop would continue, but they thought that meat would be in "pretty good supply for the rest of the winter," thanks to the bumper corn crop...