Word: wages
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Dates: during 1980-1989
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...heart of the election campaign is the Socialist economic record. The government began with a quixotic attempt to spend the country out of a recession. When inflation started to leap out of control, the government switched directions, clamping on a four-month wage and price freeze and then imposing an austerity program that limited wage increases and lowered unemployment benefits. One of the right's most damning accusations is that middle-class Frenchmen have suffered a net loss of purchasing power under the Socialists...
...laid off more than 15,000 of their workers last year, bringing total employment to 250,000. The cutbacks, expected to save the industry up to $500 million this year, hit workers in hangars, on flight decks and in the executive suite. Most carriers also negotiated pay freezes or wage cuts, along with changes in work rules...
...with a wage increase somewhere our initial offer and their initial offer, most of the time you have a good increase," Nigro said...
Edward W. Powers, associate general counsel for employee relations and the University's chief labor negotiator, said yesterday that Harvard's initial wage increase offer will be "something less than 15 percent." He declined to comment further on the University's bargaining positions...
Powers indicated that any wage increases in the unions' new contract will probably be retroactive to the date the previous contract expired...