Word: freedman
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Last year, people visited Harvard's three art museums 82,379 times, according to Cynthia Freedman of the museums' public relations office...
TIME's economists predicted that U.S. unemployment, which dipped to a four- year low of 5.9% in September, will be at that level at the end of next year. Said labor economist Audrey Freedman: "The current and future trends in the American labor market are, first of all, a steady growth in jobs, and I think that's going to continue at least through 1995." But at the same time, she noted, "there really have been no increases in real average wages" during the expansion, "and that's going to continue as well...
...labor force grew more than 2% a year in the 1970s and 1980s as the baby boomers entered the market, it is expanding only about 1% today. "It doesn't take a lot of job creation to get to the low unemployment rates that we have right now," Freedman pointed...
...workers complain that for them expansion spells exhaustion. Throughout American industry, companies are using overtime to wring the most out of the U.S. labor force: the factory workweek currently is averaging a near record 42 hours, including 4.6 hours of overtime. Americans, observes Audrey Freedman, a labor economist and member of TIME's board, "are the workingest people in the world." The big-three automakers have pushed this trend to an extreme. Their workers are putting in an average of 10 hours overtime a week and laboring an average of six eight-hour Saturdays a year...
...intense drive for productivity is raising the rewards for training and education higher than ever. Between 1979 and 1989, calculates labor economist Freedman, median real income for year-round, full-time workers age 25 or more did not change significantly, but within that enormous group there were some dramatic shifts. College-educated women increased their earnings 16%, college- educated men slightly. Earnings of women with a high school education or less held about even. The big losers were men who never got past high school. Their inflation-adjusted earnings fell...