Word: joblessness
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Dates: during 1980-1989
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While giving Reagan high marks for containing inflation, the public continues to be dismayed by the slowness of the decline in unemployment. Almost exactly two-thirds of those questioned think the Administration has not made sufficient progress in reducing the jobless rate; only 29% say it has. And though they put inflation at the top of the list of 1984 election issues, many voters are more worried right now by unemployment. Asked which they were "personally more concerned" about, joblessness or rising prices, 49% of those surveyed replied "unemployment," vs. 35% for inflation...
Like other cities, San Francisco, with a youth jobless rate hovering between 22% and 24%, is struggling to cope with this summer's teen-age unemployment problem. "Even with all the efforts we're making, that figure doesn't seem to get lower," says Steve Arcelona, an assistant to the mayor for employment and training. The city of Dallas estimates that less than 50% of some 10,000 teen-agers looking for work will find any this summer. Already a record number of teens have signed up with the city's summer-employment program. Says Barbara...
TIME'S board sees growth up and inflation down but frets about the jobless...
...mood known as "Euro-gloom" was due to the fear of an "employmentless expansion." "Outside of France and Italy," said Brittan, "we will get growth rates not all that different from the U.S.'s. But the difference is that they will not bring any relief for the jobless...
...cutbacks in public spending. The program is due to be presented to an IMF delegation this month. But while such moves may be needed to ensure continued IMF funding, they could also aggravate tensions in a nation that is currently suffering from two years of economic stagnation. In April jobless workers rioted for three days in the country's largest city, São Paulo (pop. 11 million...