Word: wages
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Dates: during 1980-1989
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...level of government spending for health, education and other social programs. In 1983 the richest 10% of Brazilians owned nearly half the country's wealth, while the poorest 50% owned just 14%. Sarney hopes the combination of increased government outlays and the Cruzado Plan, with its price freeze and wage hikes for workers, will help change that...
Peter Johnston, manager of the Galeria mall's Janus Cinema, also reported hiring difficulty. He said he has advertised in the Globe and the Phoenix as well, but is having trouble because he cannot offer more than minimum wage...
...true fact (as opposed to the government kind) that most newspaper publishers would rather give away free ads than pay their employees a living wage. Decent salaries would violate the most sacred tenet of journalism, which is to net 20 percent on gross...
...highlight this phenomenon tend to be liberals; many of them blame the Reagan Administration for failing to help Middle Americans adapt to the postindustrial age. Millions of citizens, they contend, have lost their middle-class jobs in aging industries like autos and steel and have plunged into the minimum-wage realm of floor mopping and hamburger flipping. By failing to halt the middle-class shrinkage, the argument goes, the U.S. could allow itself to become a two-tiered society of rich and poor. Declares M.I.T. Economics Professor Lester Thurow: "Wherever one looks, one now finds rising inequality...
...University of Massachusetts believes the shift in the U.S. economy from unionized, factory work to service-industry professions has brought a substantial loss of jobs with middle-class pay. The blue-collar jobs tended to be unionized, goes the argument, while the new service industries typically offer no such wage and , job protection. Says Michael Boskin, a professor of economics at Stanford: "Some sectors of the middle class that had implicit security in their jobs have been rudely awakened...