Word: blows
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Dates: during 1990-1999
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...Blow...
...week that January's jobless rate rose to 6.2%, up from 6.1% the previous month and 5.3% in June. All told, 7.7 million Americans were unemployed in January. % "The job loss last month was immense," says Allen Sinai, chief economist for the Boston Co. Economic Advisors. "The findings really blow out of the sky any notion of a short and shallow recession...
While losing a job is always a wrenching experience, most senior managers can count on reasonable severance as well as personal savings to cushion the blow. But for legions of workers whose prospects of finding a place in a shrinking job market are bleak, the money is fast running out. More than 2.2 million people used up all six months' worth of unemployment benefits last year, a 16% increase from a year earlier. Worse still, a study released in December by Mathematica Policy Research, a consulting firm, found that 60% of unemployed workers were in the desperate position of still...
...says that recently, many of these winter-only users--the "fair weather walkers," as he calls them--have been abandoning taxi services altogether, dealing yet another blow to local cabbies...
...according to Ambassador Radio Service President Tom R. Cromwell, this blow is so severe that even the recent five to eight percent increase in the number of phone requests for cabs has not been enough to keep Cambridge drivers in the black...