Word: wage
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Dates: during 1960-1969
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Such confidence seemed deserved. After nothing but disappointing news for months, Britain's latest trade figures show that devaluation and Wilson's austerity measures-a bare-bones national budget, tight wage controls and heavy new taxes-have finally started to work. During June, the government announced last week, the country's exports continued their slow but steady increase. More encouraging, imports showed their biggest monthly decline since devaluation, indicating that consumer spending, which had been fueled by fear of higher prices, has finally started to ease. As a result, the country's trade deficit for June...
...tools (that's all factories are) remain innocent and the ethics of greed aren't necessary. Computers render the principles of wage-labor obsolete by incorporating them...
...help replenish their hard-pressed party coffers, Arizona Republicans and Democrats have rallied around a mutually beneficial scheme for getting the wage-earner financially involved in politics. Under their Pre-Authorized Deduction program (PAD), a contributor gives his bank the right to tap his checking account for a specified amount. The bank charges 3 1/2? per deduction, and the balance is forwarded to the contributor's party. Regular "stockholder reports" will be published tallying how much money was received from the plan and how it was spent. Most politicians think the checkoff system will have broad appeal, attracting...
...board, Canada's St. Lawrence Seaway Authority offered a 12% raise, to an average $3.48 (Canadian) an hour. At the first negotiations since the walk-out began, the union cut its demand to 15%, but the deadlock persisted. Ottawa fears that a big settlement could set off inflationary wage increases, as happened after the seaway workers won a two-year, 30% pay boost...
Although the unions demand a 9% pay increase as against the railroads' offer of 3%, the heart of the dispute involves a more basic issue. The unions have flatly rejected management's effort to link wage increases to productivity agreements-a step Britain's Labor government calls essential to revive the country's sick economy. Similar labor strife has poisoned industrial relations across the U.K. Most of the jet fleet of British Overseas Airways Corp. lay idle at Heathrow Airport last week because of a strike by 1,050 pilots, who demand that their salaries...