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Nearly every positive sign of renewed growth turns out to have a negative catch. The good news on unemployment is more than tempered by the alarming persistence of long-term joblessness. "Even reasonably healthy companies are cutting their payrolls," Labor Secretary Robert Reich said recently. "In September, American businesses were slashing jobs at the rate of more than 2,000 a day -- even though profits are rising." As the wave of corporate downsizing continues, some 20% of those unemployed have been out of work at least six months, twice the level of the 1970s. Even low interest rates have...

Author: /time Magazine | Title: Slipping into Gear | 11/1/1993 | See Source »

...Secretary Reich could almost live in there...

Author: /time Magazine | Title: White House Heightism | 11/1/1993 | See Source »

...fence-sitters are getting what they want. A handful of lawmakers from districts that produce household broomcorns have been told they will get no help from the White House. On the other hand, Labor Secretary Robert Reich announced this week that the Administration will propose spending an additional $100 million over the next 18 months to workers who lose their jobs as a result of NAFTA -- even though nearly everyone at the White House, including Clinton, opposes the idea as ineffective and thus a waste of money. And the White House is willing to redress problems that have nothing...

Author: /time Magazine | Title: Attention Nafta Shoppers! | 10/25/1993 | See Source »

...John Adams' Nixon in China), a horrifying mass murder (John Moran's The Manson Family) and the life and times of a fiery black radical (Anthony Davis' X). Throw in William Bolcom's 1992 McTeague, a setting of Frank Norris' wrenching turn-of-the-century novel, and Steve Reich's The Cave, a challenging examination of the roots of the Arab-Israeli conflict that gets its American premiere this week in Brooklyn, and you have something like a Golden Age of American opera -- boasting a body of work that ranks among the best, most innovative and most popular "serious" music...

Author: /time Magazine | Title: Marilyn Monroe At the Opera | 10/18/1993 | See Source »

...DEPARTMENT OF LABOR is considering a policy change in the way government helps the jobless. Because more unemployed people are finding that they need to relocate to get work, Labor Secretary Robert Reich may request extra unemployment assistance to help pay for some of the costs involved in job searches that require long-distance travel...

Author: /time Magazine | Title: Informed Sources: Sep. 27, 1993 | 9/27/1993 | See Source »

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