Word: wage
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Dates: during 1960-1969
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...threat of breakdowns in the machine can never be discounted; there is no guarantee that the old wage-price spiral with excessive labor demands resulting in inflationary prices, will not reappear. But the steel settlement just concluded is a typical example of labor's present condition and its relations with industry. A strike, while the threat was real enough did not materialize; increasingly, labor gets its results not through strikes but through other pressures, including the psychological. Steel negotiations were relatively relaxed; the big issue was not pay but fringe benefits. Labor has won the wage battles...
...protection in the face of automation remains one of labor's chief concerns. Five years ago, San Francisco's Longshoreman Leader Harry Bridges signed a contract permitting shippers to automate to their heart's desire-while guaranteeing Bridges' boys an annual wage, no matter how many hours they actually worked. The agreement has turned out well for both management and longshoremen...
...prairie provinces-where the political leanings are Conservative, but the wheat buyer is always right-he can brag about last month's $450 million sale of 222 million bu. of wheat to Russia. He has installed a new and vastly expanded social security system, a new minimum-wage law and a far-reaching anti-poverty program. All this seems to be reflected in the most recent Gallup poll, which gives Pearson's Liberals a 45%-to-29% lead over the Conservatives compared with a 42%-to-33% margin during the 1963 election...
Though the President was clearly delighted that the crucial wage rise in steel equalled 3.2% (see THE NATION), he could not take much satisfaction in other recent settlements. Over the past twelve months, pay increases of between 3.5% and 4% have been won in such major industries as aluminum, cement and glass. Container workers won a 3.5% increase, auto workers a 4.8% boost, California construction workers a 6.1% raise for each of the next three years. Last week's maritime-strike settlement, while adhering to the 3.2% formula for its first year, will actually hike the cost of employing...
...quite different reasons. A.F.L.-C.I.O. President George Meany has warned that enforcement of the guidelines "would lead to the end of free collective bargaining." Labor also believes, as A.F.L.-C.I.O. Chief Economist Nathaniel Goldfinger put it last week, that "all the heat of the guidelines has been on the wage side-a one-sided pressure...