Word: wage
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Dates: during 1950-1959
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Railway union leaders rejected a government wage award yesterday and threatened to add another nation-wide strike to Britain's labor disputes in the shipbuilding and heavy machinery industries. The railroad strike threat developed 24 hours after 2 1/2 million factory workers received union orders to begin a "snowball" walkout next Saturday in manufacturing plants throughout the nation...
...reason given for this handicap is attributed to the greater attraction for jobs in other industries as compared to textiles. Despite the reduction of jobs, a textile labor scarcity does exist. Harris recommended a wage high enough to keep workers attached to the industry and yet not so high as to bring unemployment...
...committee, established by the New England Governors' conference in 1952, suggested improvements in research and managerial talent. A further remedy was seen in raising salaries in low-wage areas such as the South, "which would help us to compete fairly...
...payments crisis. John Costello met this courageously by slashing imports drastically, but meantime unemployment rose to 90,000 (out of a population of 3,000,000), and construction slumped. And every year some 30,000 to 40.000 Irish of working age are emigrating, mostly to Britain, where the average wage is 50% higher than in Ireland...
Term Insurance, the cheapest of all life insurance and the best policy for a relatively low-wage earner who wants maximum protection at the lowest cost while his children are growing up. A man of 30, for example, can buy a $10,000, fifteen-year term policy for only $100 a year, about half the cost of straight life insurance. The one trouble is that term insurance builds up no equity for the policyholder. Once he stops paying premiums, he gets no cash, has no insurance, though he can convert to straight life insurance at higher premiums...