Word: offing
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1960
Sort By: most recent first
(reverse)
The paradox about unemployment is that it is likely to get worse even when employment continues to hold up well. This week the Labor Department announced that employment declined 300,000 in November to 67.2 million, considerably less than the seasonal November decline of about 700,000 in the previous...
Getting the Figure. Partly as a result of the paradox, questions were raised about the accuracy of the statistics. To get them, the Census Bureau makes a monthly sampling of 35,000 households in 330 areas specially selected to conform with national economic and population patterns. Interviewers check 75,000...
Many economists believe that the sample is too small to represent the real situation in unemployment and is subject to error. Samplers themselves concede that the range of their potential error is about 120,000 people. One trouble is that when the husband is laid off, the wife and often...
Rising Tide. The long-term worry is the fact that after each of the last two recessions the unemployment rate has never returned to its former lower levels. From a low unemployment rate of 2.6% during the Korean war, unemployment stuck at 4% after the 1954 recession, as the labor...
The word rolled out like a dirge in a Philadelphia court last week as lawyer after lawyer rose to voice the history-making plea for his clients. They were 19 major electrical manufacturers, including General Electric Co. and Westinghouse Electric Corp., charged by the Government with conspiring to rig bids...