Word: wage
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...minor labor dispute in a Southern backwater: the two-month-old strike of 1,300 predominantly Negro garbage collectors in the decaying Mississippi river town of Memphis. The plight of the sanitation workers, caused by the refusal of Memphis' intransigent white Mayor Henry Loeb to meet their modest wage and compensation demands, first attracted and finally eradicated Dr. King, the conqueror of Montgomery, Birmingham and Selma...
...Taiwan has established a promising capital base. By rapidly spreading a network of banks, Thailand has increased savings deposits twenty-five-fold since 1958. Meanwhile, Colombia, Chile, The Netherlands and other countries are considering various plans to increase capital through enforced savings by issuing bonds in place of promised wage increases or tax reductions...
...taxes and devaluation, Qrit-ons can expect their cost of living in 1968 to increase at least 5% and possibly more. But Jenkins also announced that he intends to hold Britain's wage increases to a maximum of 3½% for another 18 months. That grim arithmetic means that Britons will not get enough extra money to meet the rising costs. As a result, for the first time in 17 years, the British will experience a downturn in their standard of living...
...auto-production workers voted to accept the new two-year contract agreed on a week before by company and U.A.W. negotiators. The terms were tailor-made for the auto maker's shaky fortunes. During the first year, for example, the average A.M.C. worker will get only a 120 wage increase over the $3.40 an hour he now earns. That represents a marked concession by the auto union, which had won a 200-an-hour first-year hike in last year's settlements with Chrysler, Ford and General Motors...
...came to contract talks cover ing its local at A.M.C.'s money-losing Kelvinator Division in Grand Rapids. At issue was the fact that Kelvinator's 3,100 appliance workers earn less than their auto-production counterparts. While the U.A.W. demanded parity, A.M.C. countered that the average wage at Kelvinator-$2.91 an hour-compares favorably with that earned by other appliance workers. When the impasse persisted, the union merely relayed the company's final offer to the Grand Rapids local without making any recommendation for or against ratification. The rank and file rejected the offer...