Word: jobsters
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Dates: during 1930-1939
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...composed of a few large mills and myriads of minuscule establishments, some of them no more than family shops. The industry's average silk plant has only 68 workers (compared with 296 in cotton mills, 236 in woolens). Shops open and close overnight. And of late a new jobster has cropped up called the converter-an individual or company, often with one dingy office and no plant, who contracts for raw goods and farms out throwing & weaving to the lowest bidder in cutthroat competition. Nobody has been happy. While owners have found themselves in or near bankruptcy because...
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