Word: wages
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Dates: during 1970-1979
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...increasing worker productivity evolved into a belief in the right of management to treat their workers as machines. Roths child points out that auto firms still try to increase worker output by applying Taylorist techniques (which include the impersonal time-motion studies) to industrial work. The results are non-wage-related strikes, absenteeism, and sabotage--all counter-productive...
...skyward and corporate profits rose sharply, most of the nation's biggest and toughest unions accepted relatively moderate contracts that added little to the rapid pace of inflation. But that remarkable show of patience has now ended. The American workers' mood has turned increasingly bitter lately, and wage demands have climbed steadily higher...
...Differences. However long the strike lasts, the coal situation will aggravate inflation. The miners are determined to win an increase of about 40% in wages and benefits over three years, which would equal the increase won by steelworkers last April. Late last week the miners, who earn between $41 and $50 a day, won their demand for wage boosts of 8% in the first year of a new three-year contract and 4% in each of the next two years. But key differences remain. The operators have offered the union its first cost of living escalator, calling for a penny...
...sales of new cars and might damage parts of the recreation industry, as well as other businesses. It could add to the price of food because farmers use much gasoline to run their machinery. Because gasoline prices are figured into the Consumer Price Index, a gas tax would trigger wage increases for the 4.5 million workers covered by contracts that have escalator clauses pegged to the CPI. Meanwhile, the higher prices for gasoline would fall most heavily on inflation's worst-hurt victims: low-income Americans...
...goods, from TV sets to parlor games; although people might avoid long-distance trips, they might well flock to closer resorts and motels. If people drove less, it would be logical to give gasoline a lower weighting in the CPI, thus reducing the impact of a gas tax on wage escalations...