Labor's Position Improved in 1955 Economic Pulse
NEA Washington correspondent reports stronger labor standing with employment up from 62 million to 65 million and unemployment down from 3.3 percent as recession recedes. Local gripes persist, but overall outlook improves for American workers this Labor Day.
MENTIONED IN THIS ARTICLE
NEA
Washington
Wage trends and contract gains reshape postwar labor figures
A review of 1954 wage settlements shows average raises around 15 cents an hour across key industries, with higher increases for skilled workers. Steel and auto contracts push up pay while introducing company unemployment benefit funds. Employment remains strong in heavy industry despite automation fears and evolving labor laws across states.
MENTIONED IN THIS ARTICLE
Basic Steel Industry
General Motors
U. S. Steel
General Electric
Armour and Swift
John L. Lewis
United Mine Workers
United Auto Workers
Ford
Michigan
Connecticut
Steel Workers
American Can Co
Formosa’s Top Import Fertilizers Reported
Taipei imports show Formosa-Chemical fertilizers leading last year accounting for about 18 percent of total imports and valued at $20,300,000. Ores metals and metal manufactures were the second largest group at $13,200,000.
MENTIONED IN THIS ARTICLE
Formosa
Taipei
Tennessee Plans Pedigreed Pine Growth Initiative
Tennessee aim to grow pedigreed pines in Knoxville and across the state. Cones from superior loblolly and shortleaf pines will be selected to establish improved seed sources for future reforestation and timber programs.
MENTIONED IN THIS ARTICLE
Tennessee
Knoxville
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