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Newspaper
The Cincinnati Sun
Location
Cincinnati, Ohio, United States of America
Date
Sep 03, 1954
Page
2
The Labor Day edition expresses gratitude to numerous business concerns that advertised in the Sun. It urges readers and families to notice the Sun advertisers and support them in a display of union solidarity.
The CIO Economic Outlook argues wage increases in current negotiations offer the fastest path to revive demand and prevent a deeper recession. It warns that if workers do not share in rising output, a growing gap between production and consumption will widen. The report links 1953 inventories and Korea era spending to imbalances in buying power and industrial output.
Labor Day addresses by CIO President Walter P. Reuther at 4 45 p m EST Sunday Sept 5 on NBC Radio and CIO Secretary Treasurer James B Carey at 5 p m EST Monday Sept 6 on ABC Radio will be broadcast nationally. Check local newspaper radio logs for exact times.
The Outlook attributes national security strain to weak consumer income and spending. It cites three main wage income weaknesses: falling employment, shorter manufacturing workweeks by 1.4 hours, and a rise in part time and under employment, causing a weekly drop of 40 million dollars and yearly loss of two billion dollars.
A union themed Labor Day greeting encourages unity and strength in the CIO ranks. The message wishes blessings and a lighter burden through unity and collective bargaining, promising a brighter future under a bonafide union contract and prosperity throughout the year.
The text notes a failure of wages for millions of workers to keep pace with increasing productivity and with the economy’s rising potential, highlighting a widening squeeze on workers.
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