Word: wages
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Dates: during 1980-1989
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...economic asceticism rests with Histadrut, the 1.5 million-member labor federation that represents 90% of Israel's entire work force. Peres would like the union to accept a wage-price freeze as well as a 10% rollback in the annual cost of living allowances paid automatically to Israeli workers...
...announce tentative agreement on a new 40-month contract with the Bituminous Coal Operators' Association. Trumka called the deal "a giant step forward in this industry." If miners approve the contract, it will be the first time since 1964 that the U.M.W. has reached a new wage agreement without a strike...
...declining economic signficance of the U.S. auto industry created the quandary that led the U.A.W. to call last week's strike. Japan can build small cars for $1,500 to $2,000 less than American producers, in part because the hourly wage and benefit costs of a Japanese autoworker total only about $12. By contrast, the U.S. hourly cost is $23. U.S. automakers have chosen two main solutions to meet the Japanese challenge: construction abroad and automation at home. By 1990 GM expects to be building 500,000 small cars overseas for import to the U.S. Ford is constructing...
...noon on Thursday, the company put its second wage proposal on the table. It represented only a modest improvement over GM's earlier offer to replace annual 3% pay increases with lump-sum payments totaling $900 during the first two years of the contract. The two sides then went into marathon sessions, but progress was slow. By late Friday night, Bieber saw that there was scant chance of reaching a final agreement by the midnight deadline...
...higher pay workers receive. In the long run, they hope to limit many auto imports with domestic-content legislation in Congress, which would require that all cars sold in this country contain a specified minimum percentage of U.S.-made parts. By opposing the movement of manufacturing functions to lower-wage countries, the union is fighting a rearguard action. It is the same battle that has already been lost by workers in the textile, toy, photographic, radio and television, shoe and other industries. The efforts of the autoworkers do not seem to have much greater chance of success...