Word: joblessness
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Dates: during 1980-1989
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...particular, make a strong point that NATO cannot build the military strength that Reagan desires if the economies of the industrialized West are sapped by high unemployment rates. Said one French diplomat on the eve of the summit: "If unemployment continues to grow across the Continent, what is a jobless youth to think? He is bound to think that it is ab surd to spend billions in national wealth on armaments...
...past 20 years, from seeking a third consecutive term. But Republican leaders were hoping that Rhodes, the G.O.P.'s resident political heavyweight, would challenge Democrat Howard Metzenbaum for the Senate this fall. With Ohio's budget deficit approaching $1.5 billion and its 12.4% jobless rate running eighth highest in the nation, Rhodes decided to step aside altogether. The Democrats are favored to win the race to succeed him. The front runner: onetime Lieutenant Governor and former Peace Corps Director Richard Celeste...
...pair of businessman's Florsheim shoes cost $9.50. The New York Telephone Co. reported that for the first time in ten years more phones were installed than disconnected. The Works Progress Administration, which only that year had begun making efficient monthly counts of the number of jobless in the U.S., announced that the unemployment rate for August...
States that once escaped widespread joblessness are now being squeezed. Booming Texas has been viewed as an El Dorado by laid-off auto and heavy-equipment workers who moved their families there from the Midwest. Now job seekers are finding that the recession has also hit Texas. New oil-and gas-well drilling is down 16.5%, and residential and commercial construction is weak. Two weeks ago, Harry Hubbard, president of the Texas AFL-CIO, warned the jobless to stay away. Said he: "Workers from the East and Northeast better have something lined up before they come down here, or they...
...shift nearly 5,000 blue-and white-collar workers into sales jobs. Engineers, designers and factory hands were soon manning Mazda showrooms at 110 locations around Japan. Said one union leader of the arrangement: "It was a matter of whether Toyo Kogyo would live or die. We would be jobless if it died." The unions also allowed attrition to slash Toyo's payroll from 37,000 employees in 1973 to 28,000 today. The reduction boosted assembly-line productivity from 19.3 vehicles per worker in 1975 to 45.7 vehicles this year...