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...Department of Labor estimates that in the U.S. there are 4,120,000 managers and professionals in industry-just about 7% of the total working force. The Erdos & Morgan study finds that one-fourth of these are in top management, the rest, in operating and technical management. Three-fourths of them are under 45, and almost half earn $10,000 or more. Most (72%) are college educated. More than half live in the nation's 50 largest metropolitan areas, and slightly more than half work for companies employing 1,000 or more. They are a valuable group to keep...

Author: /time Magazine | Title: A Letter From The Publisher: Jun. 29, 1962 | 6/29/1962 | See Source »

...Gaulle's Ministry of Finance disclosed that nearly $2 billion has fled Algeria for France within the past two years. Human beings were also in flight: the daily average of European refugees has soared from 3,000 to 8,000. This month alone, an estimated one-fourth of the million Europeans in Algeria will leave for France. They are being replaced by a slow influx of Moslem refugees returning from years of exile in neighboring Tunisia and Morocco with only a few sheep and goats and the ragged clothes on their backs. Most will come home to partially...

Author: /time Magazine | Title: France: The Bloody Clouds | 6/15/1962 | See Source »

Where's the Standout? Washington feels uneasy because business is expand ing only about one-fourth as fast as it did at the beginning of the recovery. Two-thirds of the current recovery was made in the four months from March through June of 1961 v. only one-third in the eight months from July through February...

Author: /time Magazine | Title: State of Business: Strong -- But Sluggish | 4/6/1962 | See Source »

...took orders from no one else, even feuded with Nehru's powerful sister, Mme. Pandit, onetime Indian Ambassador to Russia, the U.S., and the U.N. On a visit to London, she was told by High Commissioner Menon: "You will not give interviews to the press unless I or one of my staff is present. I am ambassador here, not you." Mme. Pandit protested to her brother about Menon's arrogance, but to no avail. "Krishna can be both charming and irritating," she says. "But it's about three-fourths of one and one-fourth the other...

Author: /time Magazine | Title: India: The Tea-Fed Tiger | 2/2/1962 | See Source »

U.C.L.A. is the showpiece and home base of the biggest adult higher education program in the U.S. It is run by the seven-campus University of California, which last year enrolled 150,000 extension students, more than one-fourth of all extension students on U.S. public campuses. The part-timers' course hours were the equivalent of those of a fulltime campus with 12,000 students. The entire operation costs $8,000,000. of which the state pays only 9%. Tuition and ticket sales cover the rest...

Author: /time Magazine | Title: Education: Town-Gown Triumph | 2/2/1962 | See Source »

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