Word: joblessly
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Under Mitterrand, the number of jobless has continued to grow. After an ill-advised attempt to spur the economy through consumer spending, the French Socialists turned to unpopular wage and price controls to stem inflation. As controls were lifted last week, subway, railroad and airline workers promptly began striking for higher wages. In Greece, Papandreou's more moderate brand of socialism has fared better. In nationwide municipal elections late last month, the Panhellenic Socialist Movement (PASOK) won control over more than half of the nation's 276 cities and nearly 6,000 smaller communities. But the election also...
...denies that the strong dollar is stunting growth in the U.S. Nearly one-sixth of the economy depends on exports. It is estimated that each $10 billion in the trade deficit increases the jobless rate by .7%, or more than 500,000 people. C. Fred Bergsten, director of Washington's Institute for International Economics, believes that "the trade deficit is the biggest single factor pushing the economy down." Building new trade barriers, however, would only sap the economy further by propping up sickly industries, raising prices for consumers and inviting reprisals from other countries...
...gain ground by exploiting an opponent's image problem. The challenger, a former two-term U.S. senator who has never lost an election, seemed early on to have everything going for him. Unemployment statewide had jumped from 6.2 percent five years ago to 12.3 percent today, making Illinois' jobless rate the second highest of any Industrial belt state (Michigan's is highest). Thompson had long embraced Reaganomics, only to see it backfire by sending state debt and jobless totals soaring...
...from sufficient. Reagan's aides figure the most that can be saved is $50 billion a year. Alternatively, Reagan tells his aides that the long-awaited recovery will stem the red ink. That is an equally wan hope: by one Administration estimate, an upswing that would reduce the jobless rate to 7% next year, which is far more of a boom than anyone dares to predict, would still leave a deficit of about $100 billion annually...
...even greater Democratic shift will be the turnout of the unemployed. Another crucial bloc will be workers who fear they could soon join the jobless ranks. If those suffering from the recession are too disillusioned or apathetic to vote, as has often been the case, or if they stay home because they believe the Democrats are offering no alternatives, the Republicans will do well. But many strategists were saying last week that they sense a Republican Waterloo, with blue-collar workers joining the jobless and the worried in returning to the Democratic fold. "The fear factor is still there," says...