Word: joblessness
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Dates: during 1940-1949
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...unfilled dugouts of the civil war house the jobless, the ragged, the hungry, the impoverished. On the great estates landless peasants toil for four pesetas (36?) a day. The black market thrives and bureaucrats and party men take fat cuts...
...expected the U.S. to achieve full employment, which it places at 53,500,000 jobs, till next September. Right now, said CED, the nation still has 2,000,000 unemployed, but there are still "hundreds of thousands of jobs" available. And the jobless are no more than the "frictional" or "floating" unemployment of from 1,500,000 to 2,500,000 which CED feels the U.S. will have even with full employment...
...Rough Road. So, surprisingly, was most of reconversion. And the Cassandras were proved wrong. They had predicted 8,000,000 jobless. Yet in September, when the high point of the reconversion layoffs was reached, only 1,650,000 men were out of work. There was still a manpower shortage...
Congress had also ducked its responsibilities on jobless pay, minimum wages, fair employment practices, small business and scientific research...
...Last week the House Ways & Means Committee (14 Democrats and ten Republicans) voted 18-to-6 to reject the President's reconversion proposal: unemployment compensation up to $25 a week for 26 weeks. Then the Committee voted 14-to-10 to shelve further consideration of aid to the jobless, including the bill the Senate had chopped out of the Truman recommendations (TIME, Sept...