Word: wage
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Dates: during 1950-1959
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...million wage earners in automobile, aircraft, farm equipment and other industries, the index's latest rise will bring escalator-clause pay boosts averaging 10 an hour. But a lot of less lucky American workers, and millions of people living on fixed incomes, are finding that, with prices going up, their standard-of-living escalators are going down. And the short-range outlook. Bureau of Labor Statistics Commissioner Ewan Clague glumly predicted last week, is that the index will continue to "creep up like this...
From the strike the I.L.A. emerged victorious: it had won almost all its demands on contract length (three years), wage boosts (up 32? to $2.80 an hour), fringe benefits and, perhaps most important, the union dues check-off system, which will give it more leverage in dealing with recalcitrant locals. But behind Captain Bradley's back there still loomed the figures of his New York leaders, e.g., Manhattan's Harold (Mickey) Bowers, Brooklyn's Anthony ("Tough Tony") Anastasia, always unruly and ever ready to pounce...
...power of factory workers rose in January to record levels for the month (though still slightly below the alltime peak of December 1956). Though the cost of living is rising (see NATIONAL AFFAIRS), millions of workers will keep up with it through automatic cost-of-living increases in their wage contracts...
WIDER MINIMUM-WAGE coverage is currently No. 1 legislative goal of A.F.L.-C.I.O., will probably be passed by Congress this year. Unions want to extend law to 10 million more Americans (now covered: 24 miliion) to cover most workers for big companies engaged in interstate trade, plus some in retail trade and service, laundry and dry cleaning, communications, taxi business. Next goal: boost minimum wage to $1.25 from $1 an hour...
...actor is far from idyllic. The main reason why off-Broadway groups can keeps their costs so far below the Broadway level is that the various stage-crafts unions have permitted their members to work for considerably less than union minimums. Equity also occasionally suspends its $80 weekly minimum wage so that some companies pay their actors as little as $25 per week. But then no one goes into acting to make money, for the average actor has an annual income of less than a thousand dollars...