Word: june
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Dates: during 1980-1989
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...JUNE...
Government reports last week revealed new signs of economic weakness, prompting worries that the current slowdown could turn into a full-fledged recession. Although the Labor Department said on Friday that the U.S. unemployment rate dipped slightly, from 5.3% in June to 5.2% in July, the Government's Index of Leading Economic Indicators, its chief forecasting gauge, showed its fourth drop in five months. Another closely watched barometer, which measures new orders and inventory by the nation's corporate purchasing agents, fell to a six-year...
...rule. Acceptance of the scheme has been grudging at best, and its future course is anything but certain. The delicate political balance is threatened by radicals within Solidarity who are itching to leave the opposition benches and lay claim to the popular mandate the trade union won in the June 4 legislative elections, when it captured all 161 seats open to it in the Sejm and 99 out of the 100 Senate seats. The economic experiment also ! faces challenges. Last week, as a monthlong wage-and-price freeze was lifted, prices doubled and even trebled...
Events may yet force Solidarity off the back benches. Given the vast voter disillusionment exposed by the June elections, Kiszczak's government may be nothing more than an interim administration. Though elections are four years off, it is quite possible that barring a coup or some other unconstitutional act, Poland could bury Communism within a year. Then -- ready or not -- Solidarity may find itself at the helm, hunting for a way out of Poland's economic morass...
...JUNE...