Word: wage
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...President's attack, and his oversimplification, would help little. Business, for its part, seemed ready at last to accept its share of responsibility. It now seemed prepared to grant reasonable wage increases-to insure uninterrupted production-without raising prices. It looked as though the pattern would work out at around 10 to 15? an hour. Washington heard that Big Steel would hold its price line, despite such an increase. In Detroit, General Motors agreed to a year's contract with an average 15?-an-hour hike for 30,000 electrical workers, with the implication that price rises would...
...Sociologist. He had opinions about labor. In 1914, the country was flabbergasted when he established an unheard-of minimum $5-a-day wage and a profit-sharing scheme. Good pay makes good workers, he said. Well-paid workers could buy more cars. So many thousands stormed his gates for jobs that Ford officials had fire hoses turned on them. But there were moral strings attached to the profit-sharing. He appointed the dean of St. Paul's to see that the money went into wholesome food, Ford cars, etc.-not into liquor and riotous living...
...When a delegation of Mexico City streetcar men visited him, he gave them a 7? daily wage increase. Indignant sugarcane workers tramped into his paneled office, complained that the unions in their industry were fighting among themselves. Alemán promised to look into...
Many retailers are determinedly selling old stock at ceiling prices, and a few are refusing to pay more for new stock. But no organized buyers' strike is evident. For the Dominion's wage earners, price increases already effective or foreseen mean another squeeze. Labor is restless because corporate profits are at an alltime high, taxes are still near the wartime level, and rising prices have offset the wage increases labor got last year...
...Ottawa Journal editorialized last week: "In this country there have been no important wage changes within the last six months. If, therefore, our corporations have been doing well within those six months, what is their justification for boosting prices in order to do better? Don't they realize that by trying to get more, they are merely inviting demands for further wage increases...