Word: wage
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...A.F.L.-C.I.O. strategists, the aircraft industry, fat with Government contracts, seemed the perfect target in the fight for a new round of wage increases (TIME, Feb. 2). They figured that the big planemakers, with the biggest backlogs in their history on the books, could easily pass along the extra wage cost. Last week the target was hit. In the first big strike of the year 12,000 members of the International Association of Machinists walked out of the Republic Aviation plant at Farmingdale, N.Y., and three smaller branches (including a guided missile plant). The company has $500 million in Government...
...union demanded a 38½? hourly wage package, later dropped to 19½?. The company countered with a "final" offer of 5?, saying that it is already paying the industry's highest average wage of $2.23 an hour, plus another 69? an hour in fringe benefits. Relations between Republic and the I.A.M. have been poor ever since the union organized the plant in 1950. The union now has 12,000 members, leaving another 7,000 workers nonunion. The local is faction-ridden, has twice pulled wildcat walkouts. After a 1952 "sick" strike, the irritated international censured the local leaders...
GUARANTEED ANNUAL WAGE will go into effect for 1,000,000 United Automobile Workers on June 1 as scheduled, now that nine states have okayed the plans to supplement state unemployment benefits. Workers can collect in Michigan, Massachusetts, Connecticut, Delaware, New York, New Jersey, Pennsylvania, Florida and California, but not in Ohio, which ruled the plan illegal...
...MINIMUM WAGE of $1 hourly will put an extra $560 million yearly into the pay envelopes of 2,000,000 workers after it goes into effect this week. But the new law will hit Southern industry hard: of the South's 780,000 textile workers, 34% earn less than $1 hourly; of its 400,000 furniture workers and lumbermen, 67% are paid less than the new minimum. Some prices will go up to cover the higher wage costs, and some marginal operators may be forced out of business...
They debated alternately the affirmative and negative of the national collegiate debate topic, "Resolved: That the non-agricultural industries of the United States should guarantee their employees an annual wage." Each finalist was undefeated through all six rounds of the tournament...