Word: fractionating
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About half the 43 homeowners on Coon's foreclosure list were unemployed. Many were Pittsburgh-area steelworkers who are unable to meet monthly payments on their $30,000 to $40,000 homes. Their arrears range from $5,000 to $8,000. The group represents just a small fraction of the area's estimated 50,000 jobless steelworkers, more of whom may soon be facing the same problem. Said Andrew Palm, director of District 15 of the United Steelworkers of America, about Coon and Papadakos: "It's tremendous what they did. We're elated...
Such small companies need fresh capital if they are going to keep up in a business where supply has finally caught up with demand. For instance, Imagic has budgeted $10 million-about 20% of its estimated 1982 sales-for six months of television commercials. That is still only a fraction of the $100 million that Atari spent on advertising in 1982. Money alone, however, is not enough; in the latest ranking of the bestselling video games, Atari's top entry, Berzerk, ranks only fourth...
Though promising, the training now under way offers help to only a fraction of the structurally unemployed. The programs will have to be greatly expanded and improved through the combined efforts of industry, labor, governments and educational institutions. Giving today's workers the skills for tomorrow's jobs will be a formidable economic challenge for the 1980s...
Losses from counterfeit cards alone are running about $30 million annually, but that is only a fraction of the roughly $400 million that will be taken this year in spurious credit-card transactions. Thanks to a 1971 federal law, a consumer's liability in theft or fraud is limited to $50 per card; the cost is usually absorbed by either the bank or the company issuing the card. Eventually, however, the losses drive up the cost of goods and consumer credit...
...among the vets. The main goals: to get one another jobs and burnish their collective reputation. "There's a degree of enlightenment now on the part of employers," says Stewart Roth, supervisor of veterans' job programs for California. 'They're coming around." Only a small fraction of the war's veterans, after all, came home with serious emotional problems, even though for a decade the Viet Nam veteran has been portrayed in films and on TV as a doped-up maniac itching to mow down strangers. More and more, says Horton, the public is "seeing...