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...government is responsible for creating jobs, either by attracting investment or expanding its own hiring. Because the business sector is mostly American and therefore unresponsive to local pressures demanding more employment, the government has been obliged to take aggressive action in search of new employers. Yet even in the boom years, industrialization did not provide enough employment. The government used jobs as patronage and as a substitute for promoting private employment, as long as its credit lasted; approximately 25% of the labor force works in the public sector. The failure of this system of stimulating the economy would have been...

Author: By Dain Borges, | Title: Economic Crisis in Puerto Rico | 3/4/1976 | See Source »

That is an ambitious program indeed for a country as difficult to govern as Nigeria. Despite an oil boom that has made it the world's seventh largest oil exporter, Nigeria's economy has lately been lagging. Unemployment is high, and the effort to cut the armed forces will throw some 100,000 former soldiers on the job market just when jobs are becoming harder to get. Dealing with that problem-and catching Murtala's murderers, who remained at large last week -may well be the biggest immediate challenges to the Obasanjo regime...

Author: /time Magazine | Title: NIGERIA: Penny-Ante Putsch | 3/1/1976 | See Source »

...nation's remote poor towns. For example, in Beckley, W. Va. (pop. 14,000), brand-new Cadillacs line the streets, two new shopping centers have risen outside town and a resort community has opened in the rolling country beyond. And that may be just the start of the boom, which could extend to many other communities. President Ford has called for a doubling of coal output...

Author: /time Magazine | Title: ENERGY: King Coal's Return: Wealth and Worry | 3/1/1976 | See Source »

...Hampshire's quadrennial tourist boom that ended Tuesday produced more nays than yeas...

Author: By Robert T. Garrett, | Title: Knocking Them Off in New Hampshire | 2/28/1976 | See Source »

Liebermann's job is to learn what Mengele is up to and then convince the appropriate people to put a stop to the Hitler baby boom. Author Levin's job is harder. He must convince his readers that The Boys from Brazil is more than just a sick joke. He cannot. Levin's primitive literary skills aside, the turning of Josef Mengele into a mad scientist from the pages of a 1940s comic book requires more than a suspension of disbelief. It also requires a suspension of taste. Exploiting such a monster for entertainment and profit...

Author: /time Magazine | Title: Books: Rosemary's F | 2/23/1976 | See Source »

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