Word: waging
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Dates: during 2000-2009
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...weekly working hours creep up and paid vacation days come down. Almost one-third of the German workforce is now temporary or part-time, granting companies a generous measure of flexibility. Nationwide labor contracts have long been sacred, stubbornly ignoring local economic conditions. But in practice, more and more wage deals are being struck on the shop floor, where labor and management pay attention to the company's balance sheet. And corporate profits are soaring...
Dehejia said that one of the study’s most striking findings was that even though religious whites experience less of a consumption decrease after a wage decrease, they are not necessarily any happier...
...corporate parasite. "Desperate people do desperate things. People would rather have a supermarket than not," says Jesse Jackson, whose Rainbow/PUSH Coalition is headquartered in Chicago. "But the point is that employment and development must go hand in hand. We need work where you can have a livable wage and health insurance, and retirement...
...introduced last year as part of his controversial economic reforms. Intended to reintegrate long-term unemployed into the labor market, the jobs are structured so that employers pay only ?1 per hour, with the rest of the employee's income covered by unemployment benefits. Skeptics say the system encourages wage dumping but Peters, unemployed for a year until he landed a one-euro job, is an enthusiast. "It gives me a chance to meet up with other people," he says. "And it's given me courage to believe that things will pick...
...votes rather than controversy in the east. Some 26% of east German voters intend to cast their ballots for the Linksbündnis, according to Forsa. The appeal, Linksbündnis co-founder and former spd Finance Minister Oskar Lafontaine told Time, is that the party "offers an alternative. Wage- and salary-earners, pensioners, young people looking for education urgently need somebody who represents them in parliament." Merkel knows she needs to reach these groups, too. She never misses a chance to remind voters of Schröder's 1998 election pledge that if he couldn't reduce unemployment...