Word: jobless
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...water cooler when they were working. Indeed, in many cases compensation checks have been handed out too routinely. They are going not only to people who deserve and desperately need the money, but also to some who do not. Among them: people who work part-time but collect jobless benefits, others who willfully evade work, and still others who make claims under false names and Social Security numbers...
Such cheaters are a small minority of the 10.2 million Americans who got jobless checks during the fiscal year just ended from individually run state compensation programs. But they are throwing an added burden on a system that is under severe strain. Despite a year of economic recovery, legitimate joblessness is still high. Last week the Government reported that 7.5 million people, or 7.9% of the labor force, were out of work in August, v. 7.8% in July. Total payments to the jobless swelled from about $5.6 billion in fiscal 1974 to an estimated $18.3 billion in the 12 months...
...parts plant outside the Welsh capital of Cardiff. With unemployment at a postwar record of 1.5 million (6.4%), any further increase could jeopardize the government's wage-control agreements with organized labor. Len Murray, Britain's top union leader, warned last week that unless the jobless rate was quickly cut, there would be "a rapid growth of support for radical changes in the government's policies," a threat that could come true next month when Britain's powerful Trades Union Congress holds its annual meeting in Brighton...
...main cause of the July rise: though 400,000 new jobs were created during the month, 700,000 job seekers, or about three times the normal number, entered the job market. The majority of new job seekers were adult females; their jobless rate went from 7.1% to 7.6%. The unemployment increase also reflected the tapering off of economic growth in recent months; joblessness among heads of households climbed to 5.4% from 5.1%. Nonetheless, Administration officials are still holding to their goal of reducing unemployment to 7% by the end of the year...
...TIME Board of Economists, warns that the production capabilities of a number of important basic industries, including chemicals and paper, are so limited that they could create bottlenecks that would impede the U.S. from cutting its unemployment rate much below 6% in the immediate future. Such a high jobless level means increasing welfare rolls and social unrest...