Word: macgowan
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...Owen Davis '94, Percy McKaye '97, Hermann Hagerdorn '07, Edward Sheldon '03, Sidney Howard, Sp '14-'15, Eugene O'Neill, Sp '14-'15, S. N. Behrman '16, Robert E. Sherwood '18, Philip Barry Gr '19-'20; critics H. T. Parker '90, Van Wyck Brooks '08, Heywood Broun '10, Kenneth Macgowan '11, Robert Benchley '12, Brooks Atkinson '18 and John Mason Brown '23; designers Lee Simonson '09, Robert Edmund Junes '10 and Donald Oenslager '23; actors and actresses Walter Hampden '97, Osgood Perkins '14 and Dorothy Sands; and producers Winthrop Ames '95, Maurice Werthheim '06, George Abbot '12, Richard Aldrich...
Labor Force. C.E.D. began by counting noses of the potential postwar labor force. War had made many a strange distortion in labor statistics. Thus big, square-jawed T. G. MacGowan, chairman of C.E.D.'s marketing committee, had to weed from the present labor force of 51.3 million the younger workers who will go back to school, the women who will go back to housework, and the overaged slated (rather arbitrarily) for retirement...
...population increase which normally adds 500,000 people a year to the labor force was canceled out for one year by the grim estimate of 500,000 armed service casualties who will never return to peacetime work. Once these adjustments were made, MacGowan's staff set the 1947 labor force at 60 million-5.9 million more than in 1939 when 8.9 million were unemployed...
With these figures MacGowan's statistics-jugglers thought they had the key to job opportunities. Allowing for a 6% increase in man-hour productive efficiency since 1939, they reasoned that the manpower needed to produce 1947's manufactured goods will be 13.4 million-a 34% increase over the ten million on manufacturers' payrolls in 1939. By applying and revising 1939's ratio of industrial workers to workers in all other categories -i.e., agriculture, distribution, and service industries-they reached the figure of 53.5 million jobs...
Floating Surplus. That still left 6.5 million people with no jobs. But MacGowan & Co. guestimated that a deduction of 3.5 million could be made for those who will still be in the armed services. The three million remaining will be the "floating labor" force-not an alarming number considering the great segment of labor that is constantly, but usually temporarily, out of work due to job shifts or seasonal changes in employment demands...