NEW YORK STRIKE
Effect On Economy
(N.Z. Press Assn.—Copyright) NEW YORK, Feb. 8. 'Die New York newspaper strike, now in its sixty-first day, has drained an estimated 70 million dollars from the economy since it started, the Associated Press said today. The personal impact has been offset in part by 6”T?,070 dollars in strike benefits reported to have been paid to date by nine unions. In the first eight weeks of the strike the publishers have lost an estimated 28 million dollars in advertising and 12 million dollars in circulation revenues. Employees tost about 24 million dollars to wages and fringe benefits, and news-dealers and other sales outlets lost about 685 million dollart.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19630208.2.108
Bibliographic details
Press, Volume CII, Issue 30051, 8 February 1963, Page 12
Word Count
113NEW YORK STRIKE Press, Volume CII, Issue 30051, 8 February 1963, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in