Word: nonfarmers
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Fool's Sold. Thanks to alert leadership in a growing number of states, during the past five years fully one-third of the nation's 4,000,000 4-H members have been signed up in cities; another third now live in "nonfarm" suburban areas. Youngsters producing blue ribbon bread and corn still exist, but their numbers are declining. "We used to put more emphasis on the chicken than on the child," says Indiana State Leader Edward L. Frickey. "Now we put the blue ribbon...
Self-Employed (nonfarm...
...number of Negro families existing below the poverty level ($3,553 for a nonfarm family of four) dropped from 48% in 1959 to 29% in 1968. Poverty depends partly on whether there is a man around the house. During the 1959-68 period, the number of nonwhite "poverty" families headed by men declined from 1,452,000 to 697,000, but those headed by women rose from 683,000 to 734,000. The number of black families with incomes of $8,000 or more tripled in the 1950s and nearly tripled again in the 1960s...
...production. The best overall measure of the efficiency of management and workers is output per man-hour in the nation's factories and offices. Late last year, productivity in the private nonfarm area declined slightly and that aggravated inflation. Reason: when productivity falls while wages rise, businessmen have to increase prices to cover costs. Inefficiency is not only impinging on production but also on the actual span of life in the U.S. Inefficiencies in the medical system have contributed to a decline in the life expectancy of the average American at birth, from 70.8 years in 1967 to 70.4 years...
Turnaround. Only two of the eight leaders-the average manufacturing work-week and prices of industrial materials-are still rising. The other six point down. Among them are the pace of nonfarm hiring, the ratio of prices to manufacturing labor costs, and stock prices as measured by the Standard & Poor's index of 500 stocks. The stock indicator does, however, show a rise for April. Overly excited by European political events and peace prospects in Viet Nam, investors sent the 500 up by 2.28 points last week to close at 104; the narrower Dow-Jones average of 30 industrials...