Word: joblessness
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...week. So far, only some 6,600 people (out of a labor base of 1,000,000) are looking for work, but to New Zealanders, who had known no unemployment for decades, this was a matter for deep concern. Union leaders darkly predicted that there would be 20,000 jobless before long...
Then there is the question of whether a welfare recipient may be jailed if he refuses to take an available job. The New York Court of Appeals recently said no in the case of Mose Pickett, 32, a jobless father of three who spurned state offers of a $1.50-an-hour laborer's job because, he said, he was looking for a better job. He lost his welfare, and although he subsequently took a similar job, he got a 30-day jail sentence from the City Court of Niagara Falls. The court voided Pickett's conviction, implying that...
...Moshe Goren and his military-government staff first had to disband all enemy units and ferret out potential terrorists, sending the most dangerous ones to the Athlit P.O.W. camp south of Haifa. Then he turned to the task of supplying food and water to the abysmally poor people-mostly jobless Palestinian refugees who had been living on the U.N. food dole of 1,500 calories a day. Last week the U.N. resumed feeding them, and Goren made Gaza's Egyptian pound exchangeable for Israeli currency to encourage Arab shopkeepers to reopen. At his behest, many town mayors agreed...
Many Israelis complain that the slowdown has been too abrupt. Last month 7,000 jobless marched through Tel Aviv shouting "unemployment is no solution" and demanding "bread and work." Even Bank of Israel economists are charging that the country is "in a state of paralysis." Defending mitun, Sapir points out that his policies have cut the growth of consumer spending by more than half, narrowed the balance of payments deficit by 14% to $450 million. "Had we gone on for three more years as before," he insists, "we would have ended up in a catastrophe...
Despite these signs, Britain's economy is still floundering. Labor unions and employers are wrangling with the government over its reluctance to end loophole-loaded controls on wages and prices. Unemployment reached 602,844 last month, leaving 2.6% of the labor force jobless against a 2% level that Prime Minister Harold Wilson once called "acceptable." Rising food prices have helped pull the cost of living to a new peak. Worst, industrial productivity has failed to improve, and though help might have come from private investment, instead such investments have slumped. Soaring government spending for defense, welfare, roads, schools, housing...