Word: fasted
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Dates: during 1980-1989
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...Boston, the Burger King fast-food chain, which employs 160,000 people nationwide, took the unusual step of advertising jobs on MTV, the cable rock-music channel, to attract young prospective workers into its management program. In the throes of a rapid expansion, Burger King felt a strong need to try new avenues that might help ease its worker shortage...
From shopping malls to corporate computer centers, from fast-food joints to high-tech industrial plants, a common plea is popping up all across the U.S.: HELP WANTED. APPLY WITHIN. Suddenly America is running up against serious labor shortages that are crimping many businesses and forcing corporate headhunters to work overtime. As a result, says Richard Kappus, an analyst at the New York State department of labor, companies are having to "do more, spend more and bend over backward to attract workers." The shortages are most severe in low-paying service jobs and in many positions that require technical skills...
...labor shortages could worsen considerably this year as the U.S. economy starts to grow with renewed vigor. Government figures released last week showed that the gross national product expanded at a 3.2% annual rate in the first quarter of 1986, nearly five times as fast as in the last quarter of 1985. The sharp pickup in growth may prove to be quirky, but it got an additional boost late in the week when the Federal Reserve Board cut its discount rate, which is the interest charged on loans to member banks, from 7% to 6.5%, its lowest level in eight...
...machine had few practical applications because it was very slow, taking 2 1/2 minutes to print a single word. But Kurzweil is preparing to unveil a vastly improved computer with ears this October. Called the VoiceWriter, it will recognize up to 10,000 words and print them as fast as they are spoken...
Their appetite unspoiled, the brothers now want Saatchi & Saatchi (1985 billings: $3 billion) to become the largest ad agency in the world. Last week the company agreed to pay an estimated $100 million to acquire New York City's Backer & Spielvogel (billings: $400 million), a fast-growing agency best known for its Miller Lite ads. The acquisition will make Saatchi & Saatchi the world's third ranking ad agency, behind Tokyo's Dentsu ($3.62 billion) and New York City-based Young & Rubicam ($3.57 billion), according to Advertising Age, a trade journal...