Word: joblessness
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...social programs has grown exponentially, from $15 billion in 1960 to more than $250 billion in 1982. In a near stagnant economy, the problem is becoming worse. In 1981, for example, when 1.27 million West Germans were unemployed, the federal government paid out nearly $6.7 billion in various jobless benefits. Last year the total was around $9.7 billion. Similarly, in 1970 West Germany paid out about $48 billion, or more than 16% of the country's entire output, for health care and pension schemes/In 1980 the total had reached $136 billion, or nearly 22%. Says Herbert Giersch, director...
...union, with 50% of its 260,000 active steelworker members at the big companies on layoff, seemed to have little choice but to give up something or face even more job losses in an increasingly hostile employment picture. The Labor Department reported last week that the civilian jobless rate in February stayed at the high January level of 10.4% of the work force...
...entrenched machine, but promptly embraced it once in office. She replaced black members of the Chicago housing authority with white cronies, installed and removed budget directors and comptrollers in rapid succession, and ran the city with a feisty flamboyance that was not always attractive. Coupled with a 12.8% jobless rate that has fallen unevenly on minorities, her policies cost her the backing of the once machine-loyal black community...
Reagan's compromise with O'Neill arose out of a confrontation during a short ceremony in the Oval Office two weeks ago, when the Speaker challenged the President's criticism of "make-work" measures. O'Neill made an emotional pitch for aiding jobless workers with useful public works programs. As the discussion grew heated, Budget Director David Stockman interjected that the two leaders were not all that far apart...
...package, which will create only 125,000 new jobs, contains less than first meets the eye. It is mainly the acceleration of scheduled projects, and thus involves only about $700 million in new spending. But from a symbolic standpoint, it allows the Democrats to claim a victory for the jobless while allowing Reagan to meet the charge that he is insensitive to economic hardship and the issue of the fairness of his economic policies...