Word: nonfarming
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...will be coordinated in a single monthly Government report, beginning this month, to end the confusion in conflicting figures of Government agencies (TIME, March 15). Report will include all three unemployment indicators: the Census Bureau count of the total U.S. labor force, the Labor Department's figures on nonfarm employment, and the states' statistics on unemployment compensation. It will also have an overall analysis of the situation...
...Washington last week, the calculating machines in the U.S. Bureau of Labor Statistics clanked out a figure that looked big and black: between mid-December and mid-January, nonfarm employment dropped by two million jobs. Examining the statistics from individual cities, the Labor Department promptly listed Detroit and Toledo as "distress" areas, i.e., entitled to special consideration in the placing of Government contracts. Across the U.S., politicians, journalists, labor leaders, economists and businessmen were arguing a pressing question: Just how bad is unemployment...
...unemployment appeared to be an economic slump much like the one that the economy weathered easily in 1949-50. Up to this point, however, the current downturn is not so serious as that of four years ago. In mid-January of this year, 47.7 million were still working in nonfarm jobs, the highest record ever for that month, except January 1953-The total number of unemployed is still far below the 4,700,000 reached in February 1950. In short, the situation is far from critical...
Starting in 1933, when mortgages were being foreclosed at the rate of 1,000 a day, HOLC made more than 1,000,000 loans, totaling some $3,500,000,000. In the next three years (its lending period) it refinanced one-fifth of the nonfarm, owner-occupied, mortgaged homes in the nation. Thanks to the war boom, more than three fourths of the loans have now been paid off. By the end of 1945, only 483,000 borrowers were still on the books, while another 348,000 borrowers had paid their loans in full without waiting for them to mature...
Proprietors' net income (nonfarm...