Word: joblessness
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Dates: during 1990-1999
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...HUMBUG, JOBLESS: But newly-empowered Republicans praised Greenspan and hinted that they may give him what he has long desired: the freedom to pursue monetary policies without particular concern for full-employment policies. Currently, the Fed's directive -- in force since 1978 -- requires the central bank to pursue the aim of maximum employment, stable prices and moderate, long-term interest rates. But Sen. Connie Mack (R-Fla.), future chairman of the Joint Economic Committee, said today that he would "seek to remove all aspects of employment and economic control from the Fed's mandates." The Economic Strategy Institute, a liberal...
...series of brutal attacks in Israel by Islamic extremists, Rabin barred Palestinians from crossing into Israel for day jobs. Last week Israel agreed to allow a total of 23,000 Palestinians to cross daily. Still, 40,000 others who had worked in Israel before the violence were left jobless -- and furious. As Rabin and Arafat met last week, several hundred laborers protested at the main crossing point into Israel. Asked whether he was demonstrating against Arafat or Rabin, Nabil Fami, a truck driver, replied, "What's the difference? They belong to the same Establishment, which is treating us like pigs...
...where the maximum penalty was 18 months regardless of the crime, to the State Supreme Court. But the law allows only for lighter sentences than would be given to adults who are convicted of equivalent crimes -- meaning the kids are often back on the streets in a few years, jobless, with a felony conviction that makes employment more difficult to find. The inadequacies of the system led Justice Michael Corriero to push for the creation of the job he now holds. He takes on all juvenile-offender cases that come through Manhattan Supreme Court. In this capacity...
...right. Clinton's endorsement horrified House Democrats still committed to a bill that provides faster universal coverage, like the one introduced in the House two weeks ago by Democratic majority leader Dick Gephardt. In that plan employers would be required to pay 80% of their workers' insurance premiums. The jobless would be protected by an expansion of Medicare, which now covers all people over 65, to include the unemployed, the self-employed and the poor...
...Secretary Robert Reich has a good solution to one corner of the puzzle. He says retraining programs of the kind he likes so much are intended to change the terms of the trade-off between unemployment and inflation. The reason unemployment can get "too low," even while millions remain jobless, is that the labor market is diverse. Shortages of workers can develop in hot areas, bidding up wages, while workers in other areas remain unemployed...