Word: joblessness
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...requirements and raised tuition fees. Students criticized the changes as "elitist." In December they gained a dramatic victory when Premier Jacques Chirac withdrew the proposal. Part of their motivation was to continue the elitism they deplored: while total French unemployment is about 11%, only 3% of university graduates are jobless...
...former occupants of those empty desks, finding a new job can prove difficult. Though the unemployment rate has declined from 10.8% to 6.7% since the 1981-82 recession, the jobless level is still high by historical standards. Since so many companies are resorting to layoffs simultaneously, job seekers may encounter more competitors seeking fewer opportunities. Those who have worked in specialized jobs often find that their particular skills are not readily transferable to new jobs...
Until such restructuring takes place, Europe is unlikely to make substantial progress against its chronic unemployment problem. Though some countries will show a slight improvement this year, the overall European jobless rate could remain stuck at 11%. The prognosis for a swift cure is bleak because manufacturers are continuing to trim their work forces as a way of containing costs and boosting productivity...
...even some supporters of a hike acknowledge that an increased minimum wage would still be disdained by large numbers of jobless young people, who are not inspired by the prospect of flipping hamburgers at a fast-food franchise. "These are dead-end jobs," says Lorna Barnes, an account executive at Chicago's Minority Economic Resources Corporation, which trains and places young people in jobs. Barnes contends that an aggressive job- education and retraining program would have far greater impact than a minimum- wage increase. That seems to be one idea on which left and right can agree: the Reagan Administration...
...work, not make it more comfortable to be out of work," says Assistant Labor Secretary Roger Semerad. "Everything in the future is going to be much more technologically oriented, and a much higher level of literacy is going to be required." The proposal applies not just to workers made jobless by foreign competition but to everyone stricken by long-term change...