Word: nonfarm
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Dates: during 1960-1969
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Fact to Be Faced. Since the late 1940s, overall U.S. farm output per worker has more than doubled. As a result, total farm production has greatly increased, despite a steady migration of farmers and sons of farmers into nonfarm jobs. But U.S. demand for farm products has failed to keep pace with the supply, and the result has been an oversupply that has put persistent downward pressure on farm prices and farmers' incomes...
...meantime, during those five years, the other prongs of the C.E.D. plan would work toward making any price supports unnecessary. C.E.D. urges various measures for helping low-income farmers, and rural youngsters headed toward farming, to earn a living in nonfarm occupations. The proposals include 1) improvements in rural education, with a shift of emphasis from training for agriculture to training for industry, 2) extension of federal-state unemployment services to rural areas. 3) retraining programs for farmers, and even 4) direct grants to farm families moving off the land and into industrial centers...
...standard economic indicators are far from alarming. Industrial production edged up in May. reaching a record high. Nonfarm employment increased by more than the normal seasonal advance, achieved a new peak for the month of May. The average factory work week lengthened to 40.5 hours, a figure not exceeded since booming 1955. All in all said Commerce Secretary Luther Hodges after reading off a batch of statistics, "business still looks awfully good.'' Nevertheless, the New Frontier was worried...
...Nonfarm employment rose sharply by 675,000 to an April record of 54.7 million...
...missiles, by chemicals, and by carloads of tourists. After Florida, the heaviest percentage growth is in the nation's southwest quadrant. Texas with its petrochemicals, military bases and white-collar industries, California with its missiles and electronics plants, and Florida now account for one out of every six nonfarm jobs. Five Rocky Mountain states (Arizona, New Mexico, Colorado, Utah, Nevada) all advanced at more than twice the national average, "not only because of defense installations such as Los Alamos," explains Wolfbein, "but right across the industrial board." Even with this record, the five have a long...