Word: wages
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Dates: during 1980-1989
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...Herbert Giersch, director of the Institute for World Economics at Kiel and a member of TIME'S European Board of Economists: "The country's social welfare net needs basic structural changes. Public deficits cannot be filled with more government money, but with values like hard work, reasonable wage demands and higher productivity...
Allis and Sheldon will be shown in a bike race scene filmed yesterday at the Hatch Shell on the Esplanade in Boston. They were paid minimum wage as extras...
...envision it, would force each citizen at the age of 18 to enlist with the government for a year of work. Each person would have the choice of serving with the armed forces or being assigned to some kind of non-profit or public works organization at the minimum wage or lower. The program would cost an estimated $35 billion...
Hawke's prospects as Prime Minister now depend upon his ability to raise the money for his program, while containing inflation and conciliating his former colleagues in Australia's strike-prone unions. He has already conferred with labor leaders and produced a 37-page policy statement linking wage increases to rises in the cost of living. He further plans to combat divisiveness by holding a national summit in which government, union leaders and employers will discuss Australia's fiscal problems...
Last week, after a year in which the domestic makers lost $3.3 billion in their steelmaking operations, the industry's long-rising wage curve bent downward. The union and the major companies agreed to a new 41-month contract that temporarily cuts Steelworkers' pay by 9% - about $1.25 off the basic hourly wage. The pact gives up other things...