Word: wage
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Dates: during 1980-1989
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...thoroughly dominated Israeli life by the sheer force of his personality that his sudden exit from politics was sure to usher in a period of instability. Shamir will not find it easy to fill the void left by the indomitable Begin, who could make peace with Egypt and wage war in Lebanon. But Begin's successor will probably be a transitional leader, as unlikely to respond to bold initiatives as to launch them. That will make it all the more difficult for him to sort out Begin's troubled, and troublesome, legacy. -By John Kohan. Reportedby Harry Kelly...
...three striking unions, the Communications Workers of America, the International Brotherhood of Electrical Workers and the far smaller Telecommunications International Union, won a modest first-year maximum 5.5% wage increase vs. the 2.7% offered originally by American Telephone & Telegraph. That would mean $26.13 a week for the highest-paid, most experienced workers. With cost of living increases plus another 1.5% wage hike during the contract's second and third years, the union calculates that workers would get total pay raises of 16.4%. Formal ratification by the workers is expected in early October...
...industry's quick recovery masks some underlying troubles. The garment trade, which shipped $19.5 billion worth of women's and children's apparel last year, has never been weaker. Since 1973, at least 600,000 jobs have disappeared, leaving fewer than 1.9 million. Low-wage producers in the Far East and Latin America are gobbling up American markets like a Pac-Man run amuck. Hardest hit among U.S. manufacturers is Manhattan's Seventh Avenue, which has the largest share of domestic apparel sales. It is beset by relatively high labor costs, exorbitant rents and a panoply...
...totaled $7.1 billion. Longtime suppliers like Taiwan, Hong Kong and Korea are being joined by new ones like Sri Lanka, Malaysia and parts of the Caribbean and Mexico. Since all these countries have access to the same machines and patterns in this low-tech business, their cheaper wages allow them to drive down costs. The typical garment worker in China makes 16? an hour; in Taiwan 57?, and in Hong Kong slightly more than $1. President Sol Chaikin of the International Ladies Garment Workers Union contends that his members "are not fat-cat steelworkers or auto workers." Their average wage...
...Africa. Both leaderships recognize that unremitting hostility is wasteful and dangerous. Yuri Andropov's Politburo is trying to figure out what to do about social and economic stagnation; it is preoccupied with the pacification of Poland and its "peace offensive" in Western Europe. Those campaigns are harder to wage if international tensions are on the rise. Reagan has a budget deficit to trim, an unruly Congress to assuage and an election to contest. A summit with Andropov would help him outflank the Democrats on the war-and-peace issue. But the question still nags: What business can be transacted...