Word: wages
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Dates: during 1970-1979
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Salaries and benefits now account for 85% of the postal budget. The basic wage of postal workers nationwide is presently $13,400 a year. To carry your analogy a little further, the average basic wage of New York policemen is $14,700; New York firemen, $14,700; New York teachers...
...this is not the end of the story. With the pay hikes granted in this year's postal-wage settlement, the average pay of postal workers will probably rise to around $16,500 by 1978, an additional increase of more than 23% over present levels. That will cost the Postal Service an additional $2 billion in wages alone...
...counselor to Nixon, Anne Armstrong had a, wide range of responsibilities-sitting on the Council on Wage and Price Stability and the domestic council, among other jobs. Her name was briefly mentioned as a possible Vice President after Spiro Agnew resigned...
...dream of those business titans who built the city and the surrounding area. Henry Ford II's Renaissance Center, the most recent attempt to rebuild Detroit, is not the first optimistic gesture of its kind. In 1941 Henry Ford II's father offered an unprecendented five dollar a day wage to his workers and vowed he would make Detroit the great American city. Within two years, the worst race riot in America's history up to that time had destroyed Ford's hopes of industrial serenity. Ten years ago, at the start of the mid-1960s business boom, a feature...
Though Britain's recovery has been helped by the improving international economic climate, the cure has been largely self-administered. The main feature is Prime Minister Harold Wilson's deal with trade unions to hold wage increases to a maximum of $12 per week, thus slowing the inflationary spiral. In addition to wage restraint, the Labor government is seeking to put Britain's nationalized industries, which have eaten up $18 billion in taxes and loans over the past few years, on a sounder economic footing. Instead of being run for such "social goals" as full employment...