Word: wage
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Dates: during 1950-1959
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Bullock reckons that the median income of the Negro household in Houston has risen from $2,900 in 1940 to $4,016 today. One reason for the relatively high income is that Negro families frequently have more than one wage earner; one family in three has a second paycheck...
...union : the largest wage and fringe-benefit package in its history (45. 6? an hour over the three-year period - ? an hour the first year, 9.1? the next two (prestrike average: $2.47 hourly). Auto matic cost-of-living adjustments, a 52-week, supplementary insurance plan for laid-off workers with two years' service, adding up to the best "guaranteed annual wage" in industry. Premium pay for Sun day work...
...year at full-capacity level. Many of the strikers had two or three weeks of paid vacation coming, and the companies are allowing them to charge it off against time lost by the strike. With overtime, the strikers will probably be able to make up the rest of their wage loss. On the other hand, the steelmakers will probably raise prices, adding somewhat to the inflationary pres sures on the economy. But the price rise is not expected to have a marked effect on the cost of living. Reason: many manufacturers of consumers' goods, oper ating in a highly...
...oratory, his old friend, Virginia's Harry Byrd, presented statistical arguments; e.g., the new disability benefits would cost $850 million the first year. But the Senate had in mind another set of statistics: the votes of 250,000 disabled persons and 800,000 women (to say nothing of wage-earning relatives) who would benefit by the new program. The Senate approved the Democratic amendments for the disabled (47 to 45) and for the ladies (86 to 7). Final vote on the bill: 90 to 0. Confronted by such unanimity, President Eisenhower would think twice about a veto...
EMPLOYEE BANK ACCOUNTS is latest version of Guaranteed Annual Wage. State of Ohio has approved plan by Pittsburgh Plate Glass Co. to contribute between 3? and 5? per hour to individual bank accounts for each worker; money cannot be withdrawn unless worker is laid off. Ohio businessmen go along with plan, but unions so far have said nothing...