Word: joblessness
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...same children never see a doctor, often go only fitfully to school, experience a confused, harassed and in some cases uprooted childhood, and have a life expectancy much lower than that of other children. Their parents are not "child-centered"; their parents are frightened, vulnerable, grim and themselves hungry, jobless, constantly apprehensive. It is one thing to live in a world that altogether lacks good sanitation, electricity or good medical care, as did colonial Americans, but in compensation to feel the self-respect that goes with being an accepted and welcome member of a particular community. It is quite another...
...find homes for them later. They seek out the diseased and the hurt, sponging maggot-bloated wounds as if-an image that sustains them -they were sponging the wounds of Jesus. They have made havens for lepers, the retarded and the mad; they have found work for the jobless. "Not for a second did I think that God would act like this," Mother Teresa told TIME Correspondent James Shepherd in an interview last week. "We have nothing. The greatness of God is that he has used this nothing to do something...
...Wilson decide to aid Chrysler after all? Politics appeared to be the deciding factor. A Chrysler shutdown would have added to unemployment at a time when the British jobless rate already stands above the politically sensitive 1 million mark. Apparently equally important to Wilson was the possibility that a layoff of the 7,000 employees at the Chrysler plant in Linwood, Scotland, would give a potent political issue to Scottish nationalists and thus endanger several Labor seats that Wilson needs to maintain his slim majority in Commons...
...Treasury, say yes: they think that the recovery now in prospect is the fastest that the U.S. can afford without kicking up inflation. Democrats Heller, Okun and Pechman insist that there is so much slack in the economy that a more expansionary policy would speed recovery and bring the jobless rate down faster while producing little or no added inflation. Yet Pechman concludes resignedly that in the present political climate, an extension of the 1975 tax cut and a money supply growth within Federal Reserve Board Chairman Arthur Burns' target range of 5% to 7.5% "is the best...
ITALY notes improvements in several key industries, notably autos, leading Fiat Chairman Giovanni Agnelli to say: "We could perhaps conclude that we are coming out of the most acute phase of the recession." But overall industrial output is down 12% from 1974, and 1.2 million workers are jobless; another 800,000 are on short time. Industrialists fear, too, that an improving climate may encourage wage demands and strikes that could abort the recovery...