Steel wage deal signals steel price rise in 3 years
Washington AP reports the Council on Wage and Price Stability expects a 23.7 percent wage increase over three years in the steel industry. The pact between United Steelworkers and major steel firms would lift production costs by about four percent this year and roughly three percent annually afterward, with broader effects likely seen in higher car and product prices. The settlement, reached in early April as the year's first major contract, along with current steel price hikes, underpins anticipated inflation in wages and benefits totaling about 30.6 percent.
MENTIONED IN THIS ARTICLE
Washington
Council On
Council
United Steel Workers
Study Finds Slowdown in U S Basic Science Research
A two year NSF funded study by Bruce Smith and Joseph Karlesky finds signs of slowing in core academic science in the United States. It cites outdated facilities reduced long term funding and a shift toward applied research, with fewer young scientists being trained and strained federal state university relations.
MENTIONED IN THIS ARTICLE
National Science Foundation
United States
Bruce Smith
Columbia University
New York
Joseph Karlesky
Franklin and Marshall College
Lancaster
America
GOP TV energy bid counters Carter plan
The GOP uses nationwide TV time to dispute Carter's energy outlook, insisting ample U S energy exists with greater incentives. Ronald Reagan proclaims we are not running out of energy while GOP leaders, including Danforth and Coleman, present a brief program avoiding policy detail. Sacramento notes California taxable sales reach a 1976 record of 838 billion, up 14 percent from 1975, with inflation accounting for 6 1 percent of the rise and real growth 8 percent.
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Republican Party
United States
GOP
Carter
Ronald Reagan
United Nations
Republican National Committee
Republican Campaign Committee
NBC
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Sec
John C. Danforth
R-Mo
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Transportation
William Coleman
Congress
Sacramento
California
State Board of Equalization
William Bennett
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