Word: wage
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Dates: during 1960-1969
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Thus it is surprising that phone workers actually chose to strike over their demands for higher pay-which is up for regular renegotiation under "wage reopener" clauses midway through their three-year contracts. Most of the militance comes from the C.W.A.'s 23,000 central-office installers. The highest-paid men in the industry (earning some $3.27 per hour v. $2.76 for the average phone worker), they have hooted down industry offers of a 71% pay increase over the next 18 months, are demanding a whopping...
Most small countries, too, from The Netherlands to Sweden, have nervously watched their economies follow the lead of their best customer. And now the future looks more secure. Swedish economists, for example, are upping their forecast from 3.5% to 4% growth for 1968, despite a tight lid on wage increases and new construction...
...named a new commander to carry it out. The strategy, set forth in his first press conference by Defense Secretary Clark Clifford, is a decision by the U.S. to turn the war gradually over to the South Vietnamese and to give them the firepower and backing to wage it effectively. The new man in Viet Nam is General Creighton W. ("Abe") Abrams, 53, who will succeed General William C. West moreland, soon to return to Washington as Army Chief of Staff...
...stock prices have meandered near the bottom of their winter trough, Wall Street has for weeks yearned for a reason to cheer. Without the war, most investors see a resumption of unstrained economic growth, with lower taxes and interest rates, less wage and price inflation, a smaller federal deficit and diminishing pressure from the balance of payments deficit...
Last week Israel made it clear that private enterprise would be welcome. Finance Minister Sapir drew cheers when he announced a two-year wage freeze and such investment inducements as tax breaks, merger assistance and even credit for apartments purchased by foreign businessmen. To show that he means what he said, Sapir also put four state-owned banks, plus the country's electric utility company, on the block for sale to private investors...