Word: waged
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Dates: during 1970-1979
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...confidence vote came after Callaghan had lost two other votes in a debate on his anti-inflation policy?which galls the unions because it contains a lid on wages but not prices, and pains businessmen because it puts the burden on companies to enforce the wage standards. The first vote was on the issue of sanctions against companies that violate the 5% pay hike ceiling. Five left-wing Laborites deserted the government. As a result, Labor went down to a 285-279 defeat. That led to a vote on the government's entire pay policy, which Callaghan also lost...
...minimum wage law. A bill passed last year lifts the minimum wage from $2.65 an hour to $2.90 on Jan. 1, to $3.10 in 1980 and to $3.35 in 1981. Some White House aides think if the 1980 and 1981 increases were eliminated for younger workers-most likely those 21 and younger-as many as 450,000 jobs might open up for them. Carter will get strong opposition from union leaders, who argue that the change would tempt employers to replace unskilled adults with teenagers...
...Davis-Bacon Act. This law is more likely to be changed than the minimum wage. Davis-Bacon forces contractors working on federally aided construction projects to pay workers at the "prevailing" local wage. But, in administering the act, Labor Department officials often seek guidance only from local union chiefs, who quote the highest wage in the region. The White House is considering advising the Labor Department to become more objective and include some nonunion wages in its calculations...
...while Harvard waits for Washington to decide how it will apply its wage and price guidelines to universities, the 1979-80 budget hangs in the balance...
...problems of little staff and no turf are compounded because Kahn does not want to serve as the Administration's major jawboner or supervise the day-to-day monitoring of wages and prices. He prefers to leave the handling of 7% wage guidelines and the figuring out of profit margins to Barry Bosworth, the Council on Wage and Price Stability director, another academic who is temperamentally unsuited for the job. Instead, Kahn sees his role as an inflation ombudsman. He says that he wants to restrain Government activities that foster inflation. Kahn plans on cutting regulation, loosening up building...