Word: joblessness
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Dates: during 1950-1959
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...talk last week to civic leaders in the industrial town of Granite City, 111. Mitchell is keenly aware that production has bounced back from the recession faster than employment. Result: highest January unemployment (4,724,000) since World War II's start, including 9.3% of the work force jobless in the most densely industrial state, New Jersey...
...deserted. Miners who could afford to have gone off to Paducah, Louisville, Cincinnati or even Chicago. Others, who could not, are in worse trouble than in the Depression '30s. In Kenvir (pop. 800), where the Peabody Coal Co. closed its mine a year ago and left 450 jobless, Miner Orville Gibson, 44, stays behind because he cannot afford to move his ten children. Hoping to find work in one of the smaller mines still operating, Gibson meanwhile feeds his family U.S. surplus rice, flour and cornmeal, gets clothes and shoes from the Baptist Church...
...Premier Miro Cardona and the Cabinet backed him up. But Castro's stand on principle dissolved in the face of the rapidly falling foreign exchange (it is now possible to fire a .45 down any hall of the Havana Hilton without hitting even a mouse) and of the jobless and strike-minded workers...
Unemployment remained the economy's weak spot. In January the number of jobless rose 616,000 to 4,724,000, the highest for the month since before World War II. But the increase was only about half the seasonal increase in jobless of January...
Problem No. 1 on Betancourt's list is unemployment. Estimates of the jobless run around 170,000, or about 9% of the total work force. The problem bedevils Betancourt most in Caracas (pop. 1,000,000), where an estimated 70,000 are out of work. Just a fortnight ago, a few hundred demonstrators snowballed into a wild march of 15,000 unemployed toward the presidential palace. Only tear gas stopped them short. To prevent similar embarrassment during inauguration week, the lame-duck government banned demonstrations of any kind...