Word: wage
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Dates: during 1980-1989
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Charmed lives are probably more entertaining to lead than to read about. The ideal subject of a biography is someone who has succeeded at something, but at a pretty stiff price; the story of such a person inspires both envy ("I could not wage war on most of Europe") and the soothing balm of pity ("What a wretched place Elba must have been"). Yet there are some rare souls on whom fortune constantly grins. Their set-backs turn out to be short outs to triumph; their disappointments in love prepare them for the mate of their dreams. Money, fame...
...agreement with the Histadrut, the labor federation respon sible for 90% of Israel's public servants and 700,000 private-sector employees. Ev ery worker will get an additional $43 a month to help compensate for inflation, at least until April 1 , when the present set of wage agreements expires...
ITALY. The battle against inflation, which reached 12.5% last year, pushed the Italian economy into virtual stagnation. Carli, however, expects a rebound of 2.5% in G.N.P. this year, with inflation inching down to 11%. That prediction, though, hangs on wage negotiations now getting under way among the government, employers and unions. Said Carli...
...bring back the exploitation of turn-of-the-century sweatshops. Says Donald Elisburg, Assistant Labor Secretary for employment standards in the Carter Administration: "Put out of your mind the idea that the sewing machine is somehow different from a computer terminal." Union officials maintain that employers will circumvent minimum-wage and child-labor laws, curtail health benefits and force workers to buy office equipment usually paid for by firms. Last October the A.F.L.-C.I.O...
Lubbers responded quickly. Unemployment compensation was cut by 5%. The first of several planned reductions lowered the minimum wage by 2.5%. The biggest sting, however, was the 3% public-sector wage cut. Outraged transport workers responded by interrupting rail, bus and tram service for five weeks. Then the sanitation workers struck, turning Holland into a landscape of trash-and taking pains to block Lubbers' own street with refuse. A postal strike halted mail deliveries for three weeks. Still, Lubbers stood firm. After Parliament approved the wage cuts, the unions conceded. But Lubbers' victory came at a cost...