Word: jobless
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...action promised by the President at the Detroit airport will do little to ease the immediate pain of an American auto depression that has left nearly 300,000 assembly-line workers and white-collar executives jobless. But Carter held out the prospect of something potentially more far reaching: a new "close-knit, permanent partnership" with automakers and their employees...
...angry speech to the Service Employees International Union in New York City. He promised a fight over the platform when it comes up for adoption at the convention in August. With rhetoric that rolled with the nostalgic cadences of his brothers in the 1960s, Kennedy declared that "the jobless do not have seats on the committees of the Democratic Convention, but my campaign does. The families without adequate health care and winter heat do not have floor passes to the convention, but my campaign does. The farmers who have lost their livelihoods do not have a place on the podium...
What many do is wind up jobless. The rate of unemployment among blacks in Detroit is estimated at 30%-more than twice that of whites. Already thousands of black autoworkers have been laid off in the current recession...
Some economists call it a free fall. To the 1.7 million people added to the jobless rolls in April and May, the U.S. economy may well seem to have toppled off a cliff or been sucked into a black hole. Whatever the metaphor, the numbers that came out last week left no doubt: not only has the long-feared recession begun but it is already shaping up as one of the worst slumps since the Great Depression of the 1930s...
...economy's vital signs, the experts concluded that the recession of 1980 will be longer, deeper and more painful than was expected only a few weeks ago. Unemployment threatens to climb to a peak of 9% or more by early 1981, matching and perhaps even surpassing the 9% jobless rate that was briefly touched during the 1973-75 slump. Next month's release of growth figures for the second quarter is expected to show the economy dropping by about 8% on an annual rate during April, May and June...