Employers expect bigger wage bill before 1963 talks
A Norman Walker report notes employers can count on about a $1 billion increase in wages deferred to the New Year with over three million workers set to gain. Steel and other sectors face reopenings, and unions push for shorter hours amid unemployment pressures as 1963 looms.
MENTIONED IN THIS ARTICLE
Norman Walker
Washington
STEEL
Arthur J. Goldberg
Supreme Court
David J. McDonald
Kennedy
New York
Nelson A. Rockefeller
Congress
Goldberg
Aluminum Output At Record Pace
Harold C. Wilson, head of the Aluminum Association, said 1962 primary aluminum production likely topped 2,100,000 short tons with most industry segments posting gains. New uses cited include beer and tuna cans, foil-fiber containers, armor plate, marine structures, and missile surfaces. Auto industry aluminum per car rose to 66.5 pounds in 1982 models. Shipments of sheet and plate led, foil up, castings up. Imports for primary and semifabricated aluminum ran about 370,000 tons versus exports of 245,000, with primary metal bearing the imbalance.
MENTIONED IN THIS ARTICLE
New York
The
Aluminum Association
Harold C. Wilson
Wilson
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