Word: wages
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Dates: during 1970-1979
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...Senate voted in May to disband the Cost of Living Council, which administered wage and price controls during Phases III and IV of Nixon's economic policy. The Senate vote eliminated the post Dunlop has held since February...
...France's rising gross national product has mainly benefited the slowly expanding middle class and the country's pampered farmers, who voted overwhelmingly for Giscard. Prosperity has largely bypassed the aged, struggling to live on fixed pensions at a time of 18% inflation, and the wage earners: two-thirds of France's 20 million workers struggle along on annual incomes of $4,800 or less. Salaries of upper-level executives average 4.6 times as much as blue-collar wages-the highest spread between employer and employee income in Europe...
...defeat, has promised that the left will give Giscard "neither a pause nor a truce." He plans to force the President to make good on every one of his promised social reforms. This could be troublesome, for Giscard's reforms-among them, an immediate increase in the minimum wage from $226 to $260 a month -would cost the French economy more than $4 billion a year at a time when the country is already borrowing heavily just to pay for its Arab...
These new classifications replace previous hiring categories of "Corporation appointments" for members of the faculty and administration, and "salary and wage" positions for other teachers and all service personnel...
With the previous groupings, employees who held corporation appointments positions received better mortgage and educational loan plans and retirement benefits than "salary and wage" workers...