Word: wage
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Dates: during 1950-1959
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...slackening in their pace. Last week production was up to 155,000 v. 139,600 the week before. Nevertheless, most dealers thought they could unload all their 1955 models before changeover time in September and October. One reason is that buyers believe, rightly, that the industry's recent wage increases will push up prices for 1956 models...
...call to arms was sounded last week by President Joseph E. Moody, of the Southern Coal Producers Association, before a Chicago meeting of the American Trucking Associations. Small businessmen, he said, must unite, raise "real money" and fight as a unit against the guaranteed annual wage. "The huge reserves necessary to guarantee even 26 weeks' unemployment assistance as low as the Ford and General Motors contract call for, just aren't possible for new and small businesses. And don't think these guarantees won't grow. We in the coal industry remember only too well what...
STEEL NEGOTIATIONS are entering the critical stage, but neither union nor management thinks there will be a strike when the contract expires this week. Though Steelworkers' Boss David McDonald has rejected the industry's offer of about a 10?-an-hour wage boost as an "insult," few tempers are ruffled, and the industry is expected to make a satisfactory offer...
FURNITURE PRICES are on the way up, will rise between 3% and 7% by fall. Though sales are running as much as 37% more than a year ago, most manufacturers report that increasing prices of wood and upholstery plus wage boosts are pushing costs up more than they can absorb...
...Prices will rise about 2% in the wake of an average wage rise...