Word: wages
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Dates: during 1970-1979
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...months would push inflation back up to "a 12% to 13% annual rate" initially, and even more later on. One reason: long before employers hired the last ghetto black or unskilled high-schooler, severe shortages of skilled technical and professional workers would develop, leading to low productivity and inflationary wage boosts. Such a program would be self-defeating, because unrestrained inflation eventually causes job-destroying recession-by pricing houses out of the reach of people who might want to buy them, for instance...
...Making the minimum wage lower for teen-agers than for adults. At present employers must pay the same basic minimum-$2.30 an hour as of New Year's Day-to workers of all ages. That requirement prices out of the market many youths looking for their first jobs...
...labor, Addie Wyatt, women's affairs director of the 550,000 member Amalgamated Meat Cutters and Butcher Workmen, fought successfully to eliminate wage differentials between men and women workers...
...then returned to her parents' home and set up a law practice on the dining-room table. In 1966 she won a seat in the Texas senate, becoming its first black member since Reconstruction and its first woman since 1882. After engineering fair-employment and minimum-wage legislation and blocking passage of a restrictive voter-registration law, she went to Congress in 1972 with 81% of her district's vote...
Pressroom Control. In its proposals for a new contract this year, the Post offered the pressmen a 25% increase in the basic wage in three years and a $400,000 bonus, to be divided among them. In return, the paper asked to be given back control of the pressroom. The union has refused. Last week the Post began hiring 140 permanent replacements for the pressmen, while a dozen or so strikers have accepted the Post's offer to return to work "as individuals." Company executives believe some of the unions may return to work as early as next month...