Chicago : Federal Reserve Bank of Chicago president Michael Moskow speaks on " Construction Wage Controls During the Nixon Administration " to the Industrial Relations Research Association.
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Concerned about the increase, the government approved Tuesday an anti-inflationary package which calls for wage controls and limits increases of state-controlled prices of hot water, heating and medicines.
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Later, he said Western Canadians are siding with the team owners in the NHL dispute because they hope wage control will keep the business alive in smaller markets.
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The strike and lockout were a short one due to these pressures, and Fitzsimmons reached an agreement on April 11, 1979, which met the President's wage control guideline.
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Recommendations on wages were no more effective, especially as the Transport and General Workers Union was opposed from an early stage to the government's attempts at wage control.
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Some workers had received very high wage increases in 1950 prior to the imposition of wage controls, while others had yet to negotiate contracts or receive wage increases.
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The sudden drop in inequality during World War II, though inconsistent with Kuznets's gradual process, is easy to explain : Wage controls introduced during the war compressed pay.
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But wage controls, imposed by the Mexican government in an attempt to avert inflation, have locked many Mexican workers into salaries the townsfolk call " wages of misery ."
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Unwilling to alienate labor by imposing wage controls involuntarily, President Truman reconstituted the WSB with a greatly enlarged membership and powers and new authority to report directly to the president.
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But four years later, in February 1974, when a miners'strike against Heath's compulsory wage controls precipitated another election, Wilson staged a remarkable political comeback, and Labor formed a minority government.
