Word: layoff
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Dates: during 1980-1989
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...term, many jobless workers will feel little immediate financial hardship. Generally, anyone who has been employed between 14 and 20 weeks during four of the last five quarters can draw unemployment compensation that averages about 50% of gross weekly wages. Large unions now have also obtained from employers regular layoff benefits for their members. In addition, workers such as those in the steel, auto and shoemaking industries can count on receiving substantial supplemental payments under a 1962 federal program that grants special aid to employees whose companies suffer from foreign competition. In fact, some steelworkers can be laid...
...supply industries. In the logging country of the West, 211 of the region's 820 timber mills have closed altogether, and 266 have curtailed production. This has put 38,000 of the industry's 137,000 workers on short time and an additional 23,000 on layoff...
...week layoff before the Eastern Sprints on May 11 in Connecticut, Quinn will have the crew polish up on the finer points. She said, "We have to regroup, improve the timing, and work on speeding up our start...
...Crimson beat the Elis in the singles category with strong efforts from the top three netmen. Crimson ace Don Pompan coasted by John Steipel, 6-0, 6-1; Howard Sands rebounded from a two-match layoff to defeat Tom Simcik, 6-2, 6-4, in the second slot; and number three Warren Grossman had only slightly more trouble putting away Bill Brady...
...Chrysler. Sales are off 26% from 1979's already depressed levels, and the company is making a herculean cost-cutting and consolidation effort in order to qualify for $1.5 billion in federal guaranteed loans. Even mighty General Motors last week put 12,000 more workers on indefinite layoff...