WAGES & SALARIES
Nine of the largest U.S. airlines* last week, acting as a group, gave in to labor's demand for no reduction in take-home pay by granting their employes a 40-hour work week (instead of 48 hours) at current wages, effective Jan. i.
Other firms found that they too could increase wages without raising prices: ¶ Thirty-three cleaning-&-dyeing plants in Los Angeles signed a contract with the Amalgamated Clothing Workers of America, C.I.O., granting 1,500 employes a 35% increase over the 1942 basic wage, reducing the work week from 44 to 40 hours. Net result: a 17% increase in take-home pay.
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