(C) to utilize the wasted labor power, and 
nurture the creative energies of, those suffering 
from joblessness and poverty; and 
(D) to have contracts awarded competi-
tively to smaller as well as larger business en-
terprises or such other private sector units as 
non-profit enterprises, labor unions, coopera-
tives, neighborhood corporations or other vol-
untary associations. 
(7) INTERNATIONAL
ECONOMIC
POLICY.—The 
establishment of policies and initiatives to make any 
future financial support for the International Mone-
tary Fund and the International Bank for Recon-
struction and Development to be conditioned on de-
velopment and implementation of certain policies 
and procedures by such institutions, including the 
protection of the rights of women and children, con-
cern for the environment, employees’ right to orga-
nize and to work in safe and healthy conditions as 
will help raise the living standards of those people 
with the lowest levels of income and wealth, thereby 
promoting such higher levels of wages and salaries 
in such countries as will provide larger markets for 
their own industries and for imports of goods and 
services from the United States.
(8) INTERNATIONAL CONFERENCES ON UNEM-
PLOYMENT
AND
UNDEREMPLOYMENT.—The estab-
lishment of policies and initiatives— 
(A) to begin working toward the prompt 
initiation of a series of international and re-
gional conferences through the United Nations 
and International Labor Organization on alter-
native methods of reducing involuntary unem-
ployment, underemployment, and poverty; and 
(B) to organize, through the Department 
of Labor, planning seminars and other sessions 
in preparation for a worldwide conference and 
convention of independent labor unions. 
(9) REDUCTIONS
IN
HOURS.—The establish-
ment of policies and initiatives to provide for 
phased-in actions for reductions in the length of the 
work year through longer paid vacations, the prohi-
bition on compulsory return to work of new mothers 
before six months maternity leave, the elimination of 
compulsory overtime, curbing excessive overtime 
through an increase in the premium to triple time on 
all hours in excess of 40 hours in any week, exempt-
ing administrative, executive, and professional em-
ployees from the overtime premium only if their sal-
ary levels are three times the annual value of the
minimum wage, reducing the average work week in 
manufacturing and mining to no more than 35 hours 
without any corresponding loss in weekly wages, and 
voluntary work-sharing arrangements. 
(10) PART-TIME
EMPLOYMENT
WITH
SOCIAL 
BENEFITS.—The establishment of policies and initia-
tives to increase the opportunities for freely-chosen 
part-time employment, with social security and 
health benefits, to meet the needs of older people, 
students, individuals with disabilities, and individ-
uals with housekeeping, child care, and family care 
responsibilities. 
(11) INSURANCE
PROTECTION
FOR
PENSION 
FUND INVESTMENTS.—The establishment of policies 
and initiatives to encourage more private and public 
investment in those areas of localized depression in 
which people suffer from massive joblessness, over-
crowded schools, overcrowded housing, inadequate li-
brary and transportation facilities, violence and so-
cial breakdown by— 
(A) promoting comprehensive plans for 
raising the quality of life through expanded 
small business activity, middle income housing 
(including rehabilitation) and improvements in 
private and public infrastructure;