Word: waged
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Dates: during 1960-1969
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More than 70 demonstrators from H-R SDS peacefully confronted Mrs. Bunting yesterday afternoon to present the demands for improved working conditions and wage increases for some women employees of the Radcliffe kitchens...
...Alice in Wonderland logic of inflation fighting, the Administration's policymakers welcomed the confrontation. They feel that a tighter economy will force lower wage settlements. President Nixon says that he wants everybody to show "backbone" in resisting inflationary wage and price increases rather than relying on White House "jawbone." General Electric, the fourth largest manufacturer in the country, is notorious among union men for its stiff take-it-or-leave-it negotiating tactics. Thus, G.E. seemed an ideal battlefield on which to Jet management and labor fight to a settlement while the Administration watched from the sidelines...
Olympian Unconcern. Union economists argue that the worker has been hardest hit by inflation and is the one who will get squeezed the most in a tighter economy. A.F.L.-C.l.O. President George Meany said last week that labor would not buy Nixon's call for wage moderation. He promised labor will continue to press for more and more, as prices continue to rise. In major contracts negotiated through September, the median increase in wages and fringes has jumped to 8.1% as against 6.6% for last year; in the construction trades, it is 12.5%. These are the kinds of increases...
...Patronizing Attitude." General Electric offered wage increases of 6% to 10% in the first year of the contract, but nothing more than a promise to reopen talks in the second and third years. The unions want a firmer guarantee of increases: an average 10.8% in the first year, 8.3% in the second, 6.5% at the start of the third...
...Whatever happens in the current strike, however, G.E. can hardly lose. The day after the workers walked out,Chairman Borch told a stockholders' meeting that prices of many products will be raised as soon as the dispute is settled. The company can then pass the price of the wage package right on to the consumers...