Word: joblessness
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...same children never see a doctor, often go only fitfully to school, experience a confused, harassed and in some cases uprooted childhood, and have a life expectancy much lower than that of other children. Their parents are not "child-centered"; their parents are frightened, vulnerable, grim and themselves hungry, jobless, constantly apprehensive. It is one thing to live in a world that altogether lacks good sanitation, electricity or good medical care, as did colonial Americans, but in compensation to feel the self-respect that goes with being an accepted and welcome member of a particular community. It is quite another...
...Treasury, say yes: they think that the recovery now in prospect is the fastest that the U.S. can afford without kicking up inflation. Democrats Heller, Okun and Pechman insist that there is so much slack in the economy that a more expansionary policy would speed recovery and bring the jobless rate down faster while producing little or no added inflation. Yet Pechman concludes resignedly that in the present political climate, an extension of the 1975 tax cut and a money supply growth within Federal Reserve Board Chairman Arthur Burns' target range of 5% to 7.5% "is the best...
ITALY notes improvements in several key industries, notably autos, leading Fiat Chairman Giovanni Agnelli to say: "We could perhaps conclude that we are coming out of the most acute phase of the recession." But overall industrial output is down 12% from 1974, and 1.2 million workers are jobless; another 800,000 are on short time. Industrialists fear, too, that an improving climate may encourage wage demands and strikes that could abort the recovery...
...recession still has an iron grip on most major economies. Despite the October jump, unemployment in the U.S. has come down from a peak of 9.2% in May, but it is still rising in Canada, Britain, Germany, France and most other European nations. In several, the jobless rolls are likely to go on expanding for another six months or so. In the 24 industrial countries that belong to the Organization for Economic Cooperation and Development, a staggering total of 14.5 million workers are now idle-more than the entire population of The Netherlands. Production of goods and services spurted...
...even with that relatively healthy advance the economy will be operating well below optimum levels. The unemployment rate has risen to 4.4%, and could well go higher this winter. In Germany, that is high enough to raise grim memories of the '20s and '30s, when legions of jobless workers flocked to Fascism...