Word: jobless
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...rate of a year earlier. Reason: severe layoffs by Boeing (TIME, March 9). The electric utility Seattle City Light reports that its annual rate of cancellations and shutoffs has been double the usual 5%, indicating that many people are fleeing the area to scout for work elsewhere. For the jobless who remain, the Washington state legislature has voted to raise unemployment compensation from a maximum of $40 a week...
...Nixon Administration's plan to stop inflation by deliberately stalling the economy is chipping away at the jobs of Middle America. As yet, the stall has produced no real relief from rising prices. Unemployment figures for March, released last week, showed the jobless rate up two-tenths of 1%, to 4.4%, highest since 1965. Altogether, 3,700,000 Americans were out of work -1,000,000 more than a year...
Many unions and corporations remain closed to all but a token number of "showcase" blacks. That is one reason why unemployment is usually twice as high among blacks as among whites and climbs alarmingly to 25% for Negro teenagers. The nationwide jobless rate is 4,2%, but it is 7% for blacks. The anti-discrimination laws have certainly been circumvented in the job area. As long ago as 1941, President Roosevelt signed an executive order forbidding discrimination by defense contractors; the 1964 Civil Rights Act forbade discrimination in most jobs. Yet, despite frequent violations, no supplier has ever lost...
...Senators who must stand for re-election in eight months-a necessity that does not confront the President-the political pain threatens to become excruciating. Unemployment is rising and has begun to hurt members of the Republicans' Silent Majority; corporations' profits have been crimped; and the jobless rate among construction workers, at 7.9%, is higher than among Negroes...
...businessmen tell each other between drinks at the country club that some more unemployment would be good for the economy's efficiency. But any politician who says that even 5% unemployment is tolerable flirts with disaster. The nation is committed to relatively full employment and, though the jobless rate inched up to 4.2% last month, employers still have trouble finding anyone who will deign to take a position considered boring or menial. Turnover of workers runs high in the Post Office, with disastrous effects upon efficiency, because few Americans will accept jobs that require work at night or on weekends...