Word: joblessness
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...slump leaves 8.2 million jobless, and still more face a pink slip...
They are, in all their faces and feelings, the unemployed American workers of 1980. And, as the recession rumbles on and their numbers grow, their plight has become a major presidential campaign issue. The Department of Labor reported last week that the jobless in the U.S. have increased to 8.2 million, a startling jump from the 6.3 million without work in February. Now 7.8% of the American labor force sit on the sidelines of business, and Carter Administration economists predict that the rate will reach 8.5% later this year and stay there through most...
Though the July jobless rate for adult males held steady at the June level of 6.7%, the unemployment rate among women rose, and now matches that of men. Joblessness among blacks jumped sharply, to 14.2%, while unemployment among teen-agers rose...
...result, the cost of unemployment to the Government has become staggering. Each percentage-point increase in the jobless rate costs the federal budget some $25 billion in a combination of lost taxes and allotted unemployment benefits. Payments under the panoply of federal programs designed to return laid-off workers to the labor force or to train those without skills will swell this year to $11 billion. Since the Federal Government launched its all-out war on unemployment, beginning with President John Kennedy's New Frontier in the early 1960s, a startling $88 billion has been spent on an encyclopedia...
...action promised by the President at the Detroit airport will do little to ease the immediate pain of an American auto depression that has left nearly 300,000 assembly-line workers and white-collar executives jobless. But Carter held out the prospect of something potentially more far reaching: a new "close-knit, permanent partnership" with automakers and their employees...