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Word: waged (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

...issue holds such potential for further damaging labor's reputation as inflation. Though Meany has called inflation the worst enemy of workers, he has opposed every Administration call for wage restraint, while offering no proposals of his own. Jimmy Carter and his aides are furious because the AFL-CIO would not support the President's bill to put mandatory limits on hospital revenues and thus costs. They argue persuasively that the bill would have benefited the great majority of union members: the higher that hospital bills rise and the more that employers have to pay in medical-insurance premiums...

Author: /time Magazine | Title: Business: Labor Comes to a Crossroads | 9/4/1978 | See Source »

...four months after the contract expired, talks dragged on. To induce the union to accept the new contract, management offered tempting wage increases; the pressmen would not budge. With no agreement in sight, the papers set a deadline of Aug. 8 for a settlement and pledged to institute their new rules unilaterally if no agreement were reached. After the publishers postponed the deadline for 24 hours, the pressmen came up with a counterproposal that was swiftly rejected; the publishers left the negotiating table to post their new work conditions, and the pressmen walked...

Author: /time Magazine | Title: Press: No Papers for New York | 8/21/1978 | See Source »

Unfortunately, the Administration seems bereft of new ideas for bringing the rate down. Last week it even silenced one of its anti-inflationary guns: Barry Bosworth, head of the Council on Wage and Price Stability, who had riled union leaders by assailing big wage boosts, was ordered to shut up. Labor Secretary Ray Marshall told an A.F.L.-C.I.O. executive council meeting in Chicago that henceforth any Administration comments on labor negotiations will be coordinated by a five-man committee on which Bosworth will have only one voice. Translation: less, and softer, jawboning. As a substitute, Marshall is talking up Government...

Author: /time Magazine | Title: Business: Disturbed | 8/21/1978 | See Source »

...Jimmy Carter thought that that would soothe A.F.L.-C.I.O. President George Meany, he was mistaken. Meany grumbled that the 6½% postal workers' settlement, rightly hailed by the Administration as an example of wage moderation, had been too low-and on hearing that, Carter flew into a rare rage. At a press conference, Marshall said that Meany's remarks had "personally disturbed" the President and that his stand could lead to "more inflationary demands." Meany's response was immediate: "I've called it as I saw it. I don't intend to change...

Author: /time Magazine | Title: Business: Disturbed | 8/21/1978 | See Source »

...North Sea oil, and despite the unemployment problem, Britain has steadily climbed out of its economic morass of three years ago. Prime Minister Callaghan feels his government deserves the credit. One of his last acts before Parliament recessed was to secure endorsement of a 5% suggested national limit on wage increases. Previous Labor-inspired wage guidelines have been instrumental in reducing Britain's inflation rate to 7.5%, from...

Author: /time Magazine | Title: BRITAIN: The Undeclared Campaign | 8/14/1978 | See Source »

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