In return, the ACTU holds unions in check to deliver wage restraint, relative industrial harmony, and acceptance of many government initiatives once opposed by unions.
42.
The Wilson and Callaghan governments of the 1970s tried to control inflation ( which reached 23.7 % in 1975 ) by a policy of wage restraint.
43.
Jochimsen said the decline of the deutsche mark from its 1995 peaks, plus low interest rates and wage restraint by German unions, will promote a recovery.
44.
The unions regard appeals for wage restraint as blocking their campaign to close the gap between the pay scales of blacks and whites, their highest priority.
45.
However he decided to extend his wage restraint policy for another year hoping that the economy would be in a better shape for a 1979 election.
46.
Bundesbank officials expressed confidence that low interest rates and pledges of wage restraint by trade unions will get the economy moving again at a faster pace.
47.
Although economic growth prospects for 1995 in the European Union are bright, wage restraint is needed to keep inflation in check, the European Monetary Institute said Tuesday.
48.
Ms . Stumpenhusen said, " we are now told that labor unions must exercise wage restraint, because tax cuts will more than compensate for any salary losses.
49.
The measures are in line with recent government recommendations for " wage restraint " and other cost cutting moves to bolster ailing businesses and avoid excessive layoffs.
50.
Jochimsen said the decline of the deutsche mark from its 1995 peaks, plus low interest rates and wage restraint by German unions, will promote an economic recovery.
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