LABOR: Maintaining the Take-Home

BUSINESS & FINANCE

The time had come, Philip Murray told the President, when C.I.O. had a right to ask a 20% increase in basic pay. Thus Labor last week opened its pre-reconversion drive for higher pay rates.

Labor's reasons were simple enough. With cutbacks in war production at hand, overtime is already becoming a thing of the past in many plants. For workers who have to leave war production to go back to civilian production, with its generally lower pay rates, the size of the pay envelope is likely to shrink even more. Only higher pay rates can...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!