search query: @author Bernstein, A. / total: 3
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| Author: | Bernstein, A. |
| Title: | Sharing prosperity |
| Journal: | Business Week
1997 : SEP 1, VOL. 3526:856, p. 34-39 |
| Index terms: | GROWTH USA INFLATION |
| Language: | eng |
| Abstract: | America's booming economy has even made it to Batesville, Ark. Last March, the 1,400 or so workers at a ConAgra Inc. chicken-processing plant got hefty raises, amounting to 17% over the next four years. And the 5% hike in this new paycheck pushed G. Ted Oliver, a 27-year veteran who works at the shipping dock, up to $ 8.96 an hour: "This is the best contract we've ever had," says Oliver, a member of the Teamsters. Real wages are finally starting to rise. Can this trend continue without igniting inflation? Yes, if... |
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