Word: distressed
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That emphatically does not mean that happy days are here again, or will be any time soon. In the early stages of any recovery, severe economic distress is still widespread: sales and production, though rising, are still very low. There have been a few heartening callbacks of furloughed workers. Still, unemployment keeps swelling because businessmen can more easily and inexpensively raise output by working their current employees for longer hours than by recalling laid-off people. At best, it will take a year or more of the strongest recovery to return to the pre-recession highs reached in late...
...public will begin on all trades. Investors will be able to shop among competing brokers for the lowest commissions and the best services. Wall Streeters, who have done battle with the Government for a decade over negotiated rates, had given the event a designation that in itself is a distress signal: "Mayday...
They know everything about him: his bank balance, his sex life, his loneliness after Lady Marjorie's death, the snubs he receives from his aristocratic Southwold in-laws, his distress at Son James' behavior, the state of his career. And in a hundred ways they mutely demonstrate their sympathy for him. But Richard, unlike the TV audience, knows very little about them. Consequently, his sensitive efforts at sympathy often seem gauche, even patronizing...
Died. George Stevens, 70, American film director, of an apparent heart attack; in Lancaster, Calif. Stevens confected a series of comedies and melodramas in the 1930s, among them Swing Time, A Damsel in Distress and Gunga Din. His bitter wartime experiences (filming the scenes of Dachau death camp used at the Nuremberg trials) deepened his vision. Stevens' masterworks, Shane, Giant and A Place in the Sun, have become classic incarnations of American legend...
...jobless totals of housewives, students and others who may be only marginally dependent upon regular paychecks. It can be argued, for in stance, that the jobless rates among heads of households (5.4% v. 3.0% a year ago) or adult males (6.2% v. 3.5%) are far better barometers of economic distress than unemployment among teenagers (19.9% v. 15.3%). But the BLS defends including marginal members of the work force in the overall figures on the grounds that they are counted as employed when they hold jobs and thus, for the sake of consistency, should be regarded as unemployed when they...