Word: wage
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Dates: during 1980-1989
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...agreement is the first requiring a company to upgrade a rejected applicant's skills. Stressed will be English, math, reading and keyboard training, all with the goal of raising competency to at least the ninth-grade level. Participants will be paid the minimum wage of $3.35 an hour while learning, and some of the classes will be at night so that trainees now working elsewhere can attend. At the same time, those employment tests that gave the applicants such a hard time will be reviewed with an eye to making them more job related...
...week after negotiations broke down on a new contract with unions representing 600,000 postal workers, the U.S. Postal Service last week imposed a two-tier wage system to reduce costs. Under the plan, which Morris Biller, president of the American Postal Workers Union, denounced as a "provocative, union-busting tactic," newly hired workers will be paid about 20% less than those already on the job. Letter carriers, for instance, will start at $17,352, compared with $21,511 for workers hired earlier. The U.S.P.S. takes on about 40,000 workers every year...
...that they will be forced out to make room for cheaper labor. But in several cases where employees feared layoffs, plant shutdowns or even bankruptcies, they have accepted such plans, sometimes against the wishes of their unions. Workers at Boeing, American Airlines and Safeway Stores have approved two-tier wage agreements in the past two years...
...European Communities and a guest at last week's meeting, noted that Europe's "non-performance" in creating new jobs was becoming dramatic. Emerson said that the rigidity of the European labor market, where unions are strong enough to make layoffs extremely difficult, have raised real wage costs over the past ten years...
...this improvement is the government's success in curbing inflation and holding down wage increases. Inflation has dropped from last year's 9.3% to 7.1% this year, and Chevalier predicts it will fall even further, to 5.5% in 1985. Businessmen are once again investing, encouraged by incentive measures from a government that has rediscovered the virtues of the private enterprise system. Like its neighbors, France is exporting more. But, again, in France unemployment remains a problem. The number of jobless will reach 2.5 million this year, or 10% of the work force, and rise...