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(Studio) United Steel Workers of America and steel industry agree on 3 year contract, with no strike threat
REPORTER: Roger Mudd
(DC) Workers to get $.672 per hour raise and $.01 every time consumer price index rises 1/3 of 1%. Av. wage: $6.55 hour- Retired workers get 5% pension hike. Other benefits include $.39 pension addition for not yet retireds, prepaid dental plan, company medical insurance, higher accident and sickness payouts, and more money for holidays worked Chief industry negotiator, R. Heath Larry, calls it expensive.
REPORTER: Bernard Shaw
(Chicago, Illinois) Reaction from United States Steel workers. [1st MAN says $.61 over 3 years nothing.] [2nd MAN says it's just to keep us pacified.] [3rd MAN says it's not enough.] [4th MAN says man can't live off that.]
REPORTER: Bill Plante
- Mudd, Roger;
- Plante, Bill;
- Shaw, Bernard
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