Word: white-collar
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Well, the Information Age is here, but it hasn't exactly lived up to its advance billing. While more people are working with their heads rather than their hands, and more than a third of the nation's $5.5 trillion GNP is generated by ideas rather than manufactured goods, white-collar productivity is no higher now than it was 30 years ago. The paperless office remains a secretary's fantasy. Paper-killing technologies like electronic mail and voice % processors go largely unused -- too complicated -- while paper-generating devices like fax machines and copiers are used to the point of abuse...
...save for a television set. Escobar will undoubtedly use some of his narco billions to create a more homey environment. Yet, for all the angry talk about a "five- star prison," Villa Escobar is no less a jail than the federal "country clubs" that hold America's most celebrated white-collar criminals. The walls are stone and concrete, and steel bars cover every door and window...
General Motors is also taking a leaf from its profitable European division's book by pruning the company's top-heavy white-collar staff and streamlining - manufacturing operations. GM plans to eliminate 15,000 salaried positions by 1993, or 15% of the white-collar work force. At the same time, GM has assigned more than 100 engineers to the delicate task of improving the company's prickly relations with its army of suppliers...
...first time since 1980, General Motors ordered deep cuts in the dividends it pays to stockholders -- from 75 cents to 40 cents a share. GM also said it will curtail executive bonuses this year and phase out 15,000 white-collar jobs by 1993. The dividend cut alone will save $840 million a year...
...result, women compose more than 70 percent of unskilled labor, thus being the group lowest paid and, with the new economic reforms, the first laid off. In white-collar fields women are encouraged to pursue careers in education and medicine, both poorly paid professions. Even though women constitute a large majority in these fields, top jobs such as university professors and medical specialists are reserved...