On the recordOctober 28, 1964
Average wage and benefit increases have not exceeded the long-run rise in the productivity of our workers, so that labor cost per unit of output has not risen since the beginning of 1961.
Source
presidency.ucsb.eduAverage wage and benefit increases have not exceeded the long-run rise in the productivity of our workers, so that labor cost per unit of output has not risen since the beginning of 1961.
Presidential Statement No. 9 on Economic Issues: Promoting Price-Wage Decisions.
Share
More from Lyndon Johnson
Your reward--and it is coming--will be seen in the faces of children who will come down the road that you have helped to open.
We have come to know that we Americans have a profound interest in the independence of men and women at home and men and women all around the world.
This program, sponsored by the World Meteorological Organization, constitutes one of the largest and most complex scientific and technological undertakings ever attempted as an international effort.