Word: waging
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Dates: during 1980-1989
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Scott Scarpato, vice president of Automatic Laundry Service in Newton, Mass., was in a desperate hurry to hire a new field-service worker to repair the equipment his company sells and leases. So he placed a help-wanted ad that offered plenty of come-ons: a starting wage of up to $9 an hour, plus profit sharing, a pension plan and full medical coverage. After three weeks, the ad drew responses from only five people, none of whom was remotely qualified for the position. Says Scarpato: "One applicant had a severe drinking problem. Three could not speak or read English...
...lowest level since 1974. The Labor Department reported last week that the unemployment rate dropped to 5.3% in June, down from 5.6% the previous month. Barry Bosworth, an economist at the Brookings Institution, thinks the jobless level is approaching the threshold at which it begins to spur wage and price increases. Says he: "I like an unemployment rate of 5.3%, but if it goes below 5%, then I would be concerned." Yet other economists think the work force can readily accommodate the scattered shortages. Says Beryl Sprinkel, chairman of the President's Council of Economic Advisers: "We have a flexible...
...course, higher wages are usually the simplest and most effective way to entice workers. Jobs that once offered not a penny more than minimum wage -- currently $3.35 an hour -- these days bring more than twice that sum. Servers at some Burger King outlets in Massachusetts start at $8 an hour and receive raises of 25 cents an hour for every 90 days they work. Beyond that, they receive $1 an hour toward child care and can buy discount memberships at local health clubs...
...many potentially budget-busting programs been separated by so little punctuation. Dukakis is the apostle of "targeted economic development," while Jackson has . stressed creating public service jobs to rebuild America's "infrastructure." The platform neglects to explain how "fiscal responsibility" might be achieved. But Jackson is likely to wage a convention floor fight on this point to insert a pledge to raise the taxes of the wealthy. Dukakis' likely response: "Go ahead, make...
...Summer Enirchment Program for Future Teachers will host sixth-and 11th-graders for six weeks at each of the Southern colleges which will emphasize academic skills and promote teaching as a possible career choice.All 11th-graders in this program will receive astipend close to the minimum wage...