Labor-management Agreement Signed

Representatives of Labor and Management drank a toast to labor peace in Israel today but they had their fingers crossed. The occasion was the formal signing of a general labor agreement for 1972-73 which nearly foundered last week over the issue of a higher minimum wage. The agreement was signed at Histadrut headquarters by representatives of the Labor Federation and the Association of Employers.

At the same time, dockworkers at Haifa continued their work slow-down to back up demands for a special “effort” bonus and new labor troubles loomed in other fields. The Haifa action has caused extensive delays in loading citrus cargoes during the height of the citrus export season.

The main points of the new agreement call for payment of an eight percent cost-of-living allowance to all daily and monthly employes retroactive to Jan. 1, 1972. The new minimum wage agreed to is $100 per month. A committee of Histadrut and the Manufacturers Association agreed to study the possibility of distributing the increase over a two-year period.

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