Word: wages
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Dates: during 1980-1989
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President Reagan has called black teenage joblessness "a national tragedy," and in March he sent Congress a bill that would allow employers to pay youngsters a summer wage of $2.50 an hour instead of the regular $3.35 minimum wage. In his first major speech as Labor Secretary, William Brock last week promoted the President's plan for a summer-long subminimum wage for young people. The Administration claims that it would reduce costs for businessmen and inspire them to hire some 400,000 more workers...
United, which netted $258.9 million last year, has recently flown into its own patches of turbulence. The airline last week reported a $3.2 million < first-quarter loss, largely because of airfare wars. In addition, its 4,900 pilots, angered by the company's plan to adopt a two-tier wage scale that would lower the pay of new flight officers, voted to strike just after midnight...
...running story. Stained by red ink for two decades, the nation's second-largest wire service (800 client newspapers and 3,300 broadcast stations, vs. 1,260 papers and 5,700 stations for the Associated Press) was sold to a group of investors in 1982 for $1. Despite wage and staff cutbacks, U.P.I. remained in delicate health; as payroll checks began bouncing in March, Owners Douglas Ruhe and William Geissler agreed to surrender most of their shares to the company's creditors and employees. Even that drastic move was not enough. U.P.I.'s four directors voted unanimously last week...
...last Friday's payroll. U.P.I. officials insisted that the Chapter 11 petition had been considered for "several months." Nonetheless, the wire service carried a story quoting unidentified sources who said that Foothill was unhappy with the Wire Service Guild's refusal to renegotiate a labor contract and make new wage concessions. One U.P.I. official said the California company was also upset to learn two weeks ago that U.P.I. had failed to pay the IRS $1.77 million in 1984 payroll taxes...
...edge of the sea. At a quiet command, they slipped into plastic, wide-bottomed boats and set off, guided by fishermen who steered by the stars. In less than two hours, the fighters had crossed 26 miles of the Palk Strait and were wading ashore, ready to wage war in Sri Lanka...