Word: seasonale
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AS the March unemployment figures came out last week (see NATIONAL AFFAIRS), the big question was whether they had improved enough to show a leveling off in the recession. To some economists, both amateur and professional, they had not. The normal seasonal increase in employment between February and March is...
The electronic innards of the Census Bureau's Univac computer whirred last week, and out popped an anxiously awaited seven-digit number: the U.S. Government's official mid-March unemployment total. In advance of the announcement this week, the precise figure was guarded like a missile blueprint. But...
Based on that expectation of seasonal comeback, the Administration for weeks had fought for a wait-and-see period before giving in to increasing demands for drastic, perhaps reckless, action against recession. March unemployment figures, President Dwight Eisenhower assured the nation in a special economic message last Feb. 12, should...
Last week Spring came-and greeting it along a wide Atlantic Coast belt was the most disastrous, dispiriting snowstorm of all (see The Weather). Foul March weather, climaxed by last week's crushing blow, was almost certain to cause snowbound distortions in the seasonal economic figures, move back the...
If unemployment figures go up again in March-when seasonal factors usually bring new hiring-the Cabinet's impatient men will push for a hefty tax cut. Last week Administration tax experts were already working over such ideas as a one-year repeal of certain excise taxes, e.g., halving...