Word: joblessness
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Dates: during 1980-1989
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...pull a figure out of the air. Those who talk about it are playing with numbers to build up a justification for unemployment." Says Barry Bosworth, an economist who was director of the Council on Wage and Price Stability under President Carter: "We have an enormous number of jobless people who are fully employable. They were employed just a year or two ago. But now, in the midst of a recession, all the talk is about structural unemployment. The immediate problem is that there are not enough total jobs...
Neither Reagan's "user's fee" nor O'Neill's foredoomed big-spending plan is likely to do much, however, to reduce the current 10.4% jobless rate. Congressional rumblings to "do something" about unemployment will surely grow, very possibly to a roar, when the more Democratic 98th Congress convenes in January. Last week's moves on the issue may mean that the White House has seen the political future and begun to make its plans accordingly...
Even President Reagan himself has rejected that interpretation in the past. Seeking to explain why his Administration could not reduce the jobless rate, the President earlier this year blamed structural unemployment--a workforce which, through no fault of its own, is uneqiupped to meet the needs of a changing market. Last week's proposal also seems thoroughly inconsistent with the President's view of taxation, the very process which Reagan has called burdensome to the economy as a whole...
...cruelest irony of the unemployment tax suggestion is that the Administration, for whatever reason, chose to unveil it on Thanksgiving. The nation's poor have once again been left wondering what in Reaganomics they have to give thanks for--and whether the President's Christmas gift to he jobless rolls he has created will be another nasty surprise...
Union Local resident Judith Rull said jobless people and their families are already being registered. She siad volunteers are pounding up equipment to begin making and serving "caserole-type" meals every Wednesday night...