Word: elkhart
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Dates: during 1970-1979
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Some other cities are learning to cope with unemployment at or close to 10%; among them are San Diego, hit hard by the collapse in construction; and Elkhart, Ind., whose mobile-home manufacturing industry has slowed down sharply. While New York City agonizes over its 7.4% unemployment, Seattle is content with its 6.9% because 15% of its aircraft-centered labor force was out of work in the 1969-70 recession. Chicago and Cleveland, both diversified with several still healthy industries, including steel and heavy machinery, are skating by the slump with less than 5% joblessness-though even in Chicago, unemployment...
...rehired hundreds of machinists who were laid off during the recession of 1970. In La Crosse, Wis., Trane Co. is hiring new workers off the street for the first time in three years. In Indiana's South Bend-Elkhart industrial belt, more than 1,000 new factory jobs are waiting to be filled. Such stories are not unusual anywhere in the U.S.: a booming economy has created 2.7 million new jobs in the past year. But the surge -and the soaring cost of living that attends it-has also drawn 2.1 million new job hunters into the labor force...
...Elkhart, Ind., Elden W. Perm, 42, a onetime car salesman, expects that his company, Perm Associates, will produce half of this year's bumper crop. The tie-in between the path of righteousness and the macadam turnpike comes through most clearly in one of Perm's latest offerings: I'M HEADED FOR THE PROMISED LAND, SEE YOU THERE -J.C. Or as the Old Testament counsels (Jeremiah 31: 21): "Set thee up way-marks, make thee high heaps: set thine heart toward the highway...
...have permitted more Americans to indulge their love of the open road, sales of recreational vehicles spurted to $ 1.6 billion last year, from a mere $87 million in 1961. Within the next six years, sales are expected to top $3 billion. Today, more than 800 companies, many clustered around Elkhart, Ind., now make recreational vehicles. Most are still run by their founders, a group of entrepreneurs who have made millions merely by buying the necessary parts and assembling campers and trailers. Some of the nation's largest corporations, however, are also getting into the business. Boise Cascade, W.R. Grace...
...Elkhart...