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...block letters on a funeral black background, a sign in the employment office of Lockheed's Marietta, Ga., plant carries a curt message: NO JOBS AVAILABLE, SALARY OR HOURLY. In the past 18 months, 12,000 Lockheed workers have been dismissed. Typical of them, Larry Cline, an $8,500-a-year assembler, was given only two days' notice that he was through. That was six months ago. For most of the time since then, he has measured out his days in a gray, boring round of job-hunting, shopping and cooking. His wife Linda has taken work as a bookkeeper...
...Lockheed as soon as it got a new contract. Cline has been drawing a $49 weekly unemployment check?and feels embarrassed. "It's hard," he explains, "to see the difference between compensation and welfare." At last his lonely search seems to be over. He recently landed a $7,100-a-year office job with the National Guard, which required, as a condition of employment, that he become a member and train one weekend a month. "I know one thing," says Cline. "I'll never again work for Lockheed?or anything that lives on Government contracts." heed?or anything that lives...
...revived within the past three years, mostly by affluent executives. For example, W.E. van Loben Sels, 52, turned over his asphalt business to his son and founded Oakville Vineyards in the Napa Valley, a prime wine area north of San Francisco. Russell Green gave up his $100,000-a-year job as president of Signal Oil & Gas Co. to buy the sleepy Simi Winery Co. in Healdsburg. Both Switzerland's Nestlé and Connecticut's Heublein purchased Napa Valley wineries last year. Though it can take a decade to reap any return from new vines, Widmer...
...Little Red Book, she had given up radical politics altogether. I suspect that she would not have survived at all without wheat germ and a Spiro Agnew voodoo doll. Still, it was worth it. Come graduation, I was, once again, numero uno, besieged by offers of $100,000-a-year partnerships from nine Wall Street accounting firms, invited by Melvin Laird to bring cost accounting back to the Pentagon, and asked to lunch at Nedick's by Ralph Nader, who wanted me to find out how much General Motors really makes. At 25 I was being mentioned...
Accent on Newlyweds. Above all else, business opportunities in the 1970s will be affected by startling changes in the age mix of the U.S. population. Because of the low birth rate, population rose only 1.1% last year, to 206 million. Census experts envisage an increase of only 1.3% a year until 1975 and 1.4%-a-year growth until 1980 (to about 230 million). Fully one-third of that increase will come among 25-to 34-year-olds; they were born during the postwar "baby boom," and are now becoming newlyweds themselves...