Tag: work
One way baby boomers adjust to longer lifespans and inadequate retirement savings is to continue working. There’s just one problem: it can be more difficult for some people in their 50s and 60s to get or hold on to a job. But things are improving. The job market is on a tear – 300,000 peo…
A 1970 contract negotiation between GE and its unionized workforce is unimaginable today. A strike then slowed production for months at 135 factories around the country. With inflation running at 6 percent annually, the company offered pay raises of 3 percent to 5 percent a year for three years. The union rejected the offer, and a federa…
